(CNN) - The United States has offered more than $900 million to help the Palestinian people, particularly those in Gaza, Secretary of State Hillary Clinton announced Monday.
"Only by acting now can we turn this crisis into an opportunity that moves us closer to our shared goals," Clinton said at a Gaza donors conference hosted by Egypt in the Red Sea resort city of Sharm el-Sheikh.
"By providing humanitarian assistance to Gaza, we also aim to foster conditions in which a Palestinian state can be fully realized."
She said the U.S. aid package - which must be approved by Congress - has been "designed in coordination with the Palestinian Authority" to make sure the money "does not end up in the wrong hands."
Clinton was referring to the Hamas leadership of Gaza, which the United States has designated a terrorist organization. The Palestinian Authority, based in the West Bank, is led by President Mahmoud Abbas, whose Fatah party is a bitter rival of Hamas.
President Obama has not ruled out talks with Hamas but said the group must first renounce violence, recognize Israel, and abide by previous agreements that successive Palestinian governments have reached with the Israelis.