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You can claim the credit if you pay or incur “qualified zone wages” to a “qualified zone employee”. The credit is 20% of the qualified zone wages paid or incurred during a calendar year. The amount of qualified zone wages you can use to figure the credit cannot be more than $15,000 for each employee for each calendar year.
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 renewal community employment credit provides businesses with an incentive to hire individuals who both live and work in a renewal community. Employers can claim the credit if they pay or incur “qualified zone wages” to a “qualified zone employee”. The credit is for wages paid or incurred after 2001. The credit is 15% of the ...
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New York can move ahead with a law requiring internet service providers to offer heavily discounted rates to low-income residents, a federal appeals court ruled Friday. The decision from the 2nd U ...
The HOME Investment Partnerships Program ( HOME) is a type of United States federal assistance that the U.S. Department of Housing and Urban Development (HUD) provides to states to create decent and affordable housing, particularly housing for low and very low income Americans. [1] It is the largest Federal block grant to states and local ...
The New York City Regional Center ( NYCRC) secures capital for real estate and infrastructure projects throughout New York City. Established in 2008, NYCRC has provided over $1.5 billion of capital to help fund a broad spectrum of economic development projects in Brooklyn, Queens, Manhattan, and the Bronx.
The Affordable Connectivity Program, which Congress created with $14.2 billion through the bipartisan infrastructure law, provided qualifying households with a subsidy of $30 a month to help pay ...
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