The Committee on Economic Development shall

 

implement local efforts and support national programs to preserve and expand economic empowerment among African Americans and other communities of color by:

 

(1) researching and establishing relationships with private and public entities;

 

(2) supporting the work of the National Office in monitoring the progress and activity of private and public entities designated by national programs; and

 

(3) implementing local efforts to promote the growth of business ownership;

 

(4) increasing employment and job creation; and

 

(5) encouraging business development and home ownership.