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An empowerment zone is a community eligible for tax incentives and grants from the US federal government under the Empowerment Zones and Enterprise Communities Act of 1993. The program aims to revitalize economically distressed urban and rural areas that have experienced poverty and/or high emigration.
Three primary means were used: renewal communities, empowerment zones, and community development entities. [2] The bill also created the New Markets Tax Credit Program, which has been renewed several times and is still in effect. [3] One provision of the Community Renewal Tax Relief Act of 2000 was the creation of 40 "renewal communities". [2]
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 interference by mayor Bill Campbell.
The Upper Manhattan Empowerment Zone Development Corporation (UMEZ), which is an independent not-for-profit corporation, was formed in response to the federal empowerment zone legislation. Funding for UMEZ is provided by the federal government with matching amounts from the City of New York and the State of New York.
Section 8 of the Housing Act of 1937 provides federal subsidies to low-income households to pay private landlords for housing. Learn about the history, eligibility, voucher types, and challenges of this program in the United States.
Google images from 387 Genesee St. in Rochester provide a glimpse of change in the neighborhood. Teen Empowerment plans to build a $4.3 million youth center on the site where abandoned, burnt out ...
Learn about the history and current status of two adjacent neighborhoods of Atlanta, Georgia, that have faced racial transition, civil rights, and crime challenges. Find out about their landmarks, redevelopment plans, and notable residents.
The grant from the Cities for Financial Empowerment Fund (CFE) will pay for professionally trained financial counselors and provide technical help. South Bend wins $150,000 grant from national ...