The Gulf Coast has some of the most beautiful and historic places in the U.S., as well as some deep and persistent poverty, rooted in racial discrimination and opportunity denied. As the Gulf Coast rebuilds, evacuees should come home to the place they love with a chance at a better life. Proposed 'Go Zone' To Spur Economic Growth: The president proposed creating a Gulf Opportunity Zone or GO Zone to help local economies in Louisiana, Mississippi, and Alabama devastated by Hurricane Katrina. Businesses in the GO Zone would be eligible for the benefits through 2007. The GO Zone will provide tax relief and loans for businesses and entrepreneurs to invest in the region and create jobs. It will double small business expensing from $100,000 to $200,000 for investments in new equipment, provide a 50 percent bonus depreciation for all businesses, and extend tax relief to the building of new structures. The GO Zone will also make available loans and loan guarantees for small businesses, including minority-owned enterprises, to get them up and running again. It is this entrepreneurship that will create jobs and opportunity and help break the cycle of poverty. Worker Recovery Accounts: The president's proposed Worker Recovery Accounts will provide targeted assistance for those victims of Hurricane Katrina who need extra help finding work. Victims who have lost their jobs are already eligible to receive state unemployment benefits or Disaster Unemployment Assistance for up to 26 weeks, but some people need more help in their job search. Worker Recovery Accounts will reward work, eliminate red tape, and promote individual choice to help people find work quickly. Ensure that as many of the rebuilding jobs as possible go to the people of Louisiana, Mississippi, and Alabama. Flexible Assistance To Aid In Job Search, Retraining: These accounts, which states will have flexibility to design, will provide up to $5,000 to certain job seekers to allow them to purchase the training or supportive services, such as child care or transportation, they need to get back to work. In addition to whatever services they select, workers will still be able to receive basic employment services from states and One Stop Career Centers. If workers find a job within 13 weeks after starting Unemployment Insurance benefits or Disaster Unemployment Assistance, they may keep the money remaining in their account as an employment bonus. Urban Homesteading Initiative: Homesteading will allow evacuees to occupy a government-owned home at a favorable mortgage rate, in exchange for their personal investment of sweat equity in the property. The federal government will identify property in the region it owns and provide building sites to low-income citizens free of charge, through a lottery. In return, those citizens would pledge to build on the lot, with either a mortgage or help from a charitable organization like Habitat for Humanity. The Department of Housing and Urban Development, in cooperation with other Federal agencies, local governments, and public housing authorities, will support the development of homes on Federal property in New Orleans and cities across the region, and will encourage nonprofit organizations to commit properties as well.