
As part of our Community Visioning process this year,
we are asking ourselves and our neighbors,
What is OUR VISION for a good economy?
what is a LIVING WAGE? How should businesses serve our community?
How should our tax money meet our needs?
What is the South Bronx role in the Global Economy?
How can we hold businesses and elected officials accountable?
* * *
In September, 2005, the president of Venezuela, Hugo Chavez Frías, visited the South Bronx on the invitation of Congressional Representative José Serrano, who organized an event at The Point to highlight various organizations that promote the health, education, human rights and wellbeing of the community. Chavez called on the CEO of Venezuela-owned U.S. subsidiary, CITGO Oil Corporation to address the myriad of issues highlighted at the event by offering oil at reduced-prices, much as PDVSA does in Venezuela and other countries. MOM worked with South Bronx residents and other community leaders to organize a series of public roundtables to further utilize this program to promote economically and environmentally sustainable development in the South Bronx. This PetroBronx proposal was developed to engage in dialogue with CITGO and other local and international stakeholders.
brief timeline...
In December 2005, CITGO and Representative Serrano launched a pilot project in which CITGO facilitated low-cost heating oil for three housing organizations in the South Bronx.
In April, 2006 during the delegation of pilot-project participants to Venezuela, President Chavez publicly announced an additional 30% subsidy to the South Bronx as a cooperative development fund in addition to an expansion to the heating oil subsidies.
In November, 2006, CITGO expanded the Heating Oil program to distribute 9 million gallons to over 25,000 families across NYC, mostly in the Bronx.
In August, 2007, PetroBronx community groups and the North Star Fund launched a grants program with CITGO pledging $3.3 million to support community justice work in the South Bronx.
In 2008, MOM will be launching a film forum and discussion series on the Venezuelan people's democratic revolution that culminates in a grassroots delegation to get up close and personal!

MOM Executive Director and Board Member meet with Venezuelan President Hugo Chavez in the South Bronx, October, 2005. President Chavez was impressed by MOM's work and challenged CITGO, the US oil company fully owned by the Venezuelan people to support grassroots projects like MOM, just as oil money is used to support social programs in Venezuela.
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