WWMT - wwmt.com - Search Results The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available. President announces 'Promise Zones'WASHINGTON, D.C. (NEWSCHANNEL 3) - President Obama is announcing what are being called "Promise Zones."They are a way the federal government can help economically challenged communities.Mr. Obama will discuss the zones Thursday at a White House event.The White House says tax incentives and grants can help communities tackle poverty, giving children a better chance at success.By applying for federal funding in targeted areas, "Promise Zones" will be able to boost education, access to housing and crime-reduction programs.