    [Weekly Compilation of Presidential Documents Volume 36, Number 25 (Monday, June 26, 2000)]
    [Pages 1411-1412]
    [Online from the Government Publishing Office, www.gpo.gov]

    <R04>
    Memorandum on United States-Israel Cooperation on Affordable Housing and
    Community Development

    June 19, 2000

     Memorandum for the Secretary of State, the Secretary of Housing and
    Urban Development

    Subject: U.S.-Israel Cooperation on Affordable Housing and Community
    Development

        In order to enlarge the framework for policy research studies on
    affordable housing and related community development, one of our most
    pressing domestic problems, and

    [[Page 1412]]

    to strengthen relations with the State of Israel for the mutual benefit
    of the citizens of both countries, I hereby direct the Secretary of
    Housing and Urban Development to begin discussions with the Government
    of Israel on issues pertaining to affordable housing and community
    development, with the aim of establishing a binational commission to
    structure a cooperative exchange program in this field. The Secretary of
    Housing and Urban Development shall convene and chair the American side
    of this binational commission, and the membership should be composed of
    experts active in housing policy, mortgage markets, residential
    construction technology, economic development, neighborhood
    revitalization, and related fields of research and practice vital to the
    health and well-being of towns and cities. All activity undertaken
    pursuant to this memorandum shall be coordinated with the Department of
    State.
                                                William J. Clinton

    Note: This memorandum was released by the Office of the Press Secretary
    on June 20. An original was not available for verification of the
    content of this memorandum.