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Empowerment zone. Within United States federal legislation, an empowerment zone is an economically distressed community eligible to receive tax incentives and grants from the United States federal government under the Empowerment Zones and Enterprise Communities Act of 1993. [1]
Renewal Communities (RCs) and Empowerment Zones (EZs) are distressed urban and rural communities in the United States where qualifying businesses are eligible for billions of dollars in tax incentives.
Opportunity zone. An Opportunity Zone is a designation and investment program created by the Tax Cuts and Jobs Act of 2017 allowing for certain investments in lower income areas to have tax advantages. The purpose of this program is to put capital to work that would otherwise be locked up due to the asset holder's unwillingness to trigger a ...
English Avenue and Vine City are two adjacent and closely linked neighborhoods of Atlanta, Georgia. Together the neighborhoods make up neighborhood planning unit L. [1] The two neighborhoods are frequently cited together in reference to shared problems and to shared redevelopment schemes and revitalization plans.
HUBZone is a United States Small Business Administration (SBA) program for small companies that operate and employ people in Historically Under-utilized Business Zones (HUBZones). The HUBZone program was created in response to the HUBZone Empowerment Act created by the US Congress in 1998. [1] Based on the Act, small businesses will be designated as HUBZone certified if they have the following ...
The Upper Manhattan Empowerment Zone Development Corp., also referred to as UMEZ, is a non-profit organization that seeks to revitalize economically deprived communities by using public funds and tax incentives as catalysts for private investment. UMEZ’s mission is to sustain the economic revitalization of all communities of Upper Manhattan ...
The Atlanta Empowerment Zone was established in November 1994 as a 10-year, $250 million federal program to revitalize Atlanta 's 34 poorest neighborhoods. Scathing reports from both the U.S. Department of Housing and Urban Development and the Georgia Department of Community Affairs revealed corruption, waste, bureaucratic incompetence, and ...
USDA Food Desert Locator Map. The Food Desert Oasis Act of 2009 or H.R. 3100 (111th) was introduced in the US House of Representatives on June 26, 2009 by Rep. Bobby Rush [D-IL 1]. [1] Rep. Rush introduced the bill to establish the Food Desert Oasis Pilot Program, intended to combat food deserts. [2] A food desert defined by the United States ...
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