Are LA's Poorest Left Out of the President's 'Promise Zone?'

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The Obama White House has chosen Los Angeles to be one of the first five Promise Zones across the country, a designation that could mean $500 million over the next ten years. Mayor Garcetti says he's delighted, but other local leaders are disappointed. Pico-Union, Westlake and East Hollywood are part of the Zone — but so are parts of Koreatown, Hollywood and Los Feliz. Political leaders and others South of the 10 Freeway are asking if Watts and other neighborhoods don't have much greater need. What are the goals of the Promise Zone, and the standards for choosing one part of town over another?