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  2. Empowerment zone - Wikipedia

    en.wikipedia.org/wiki/Empowerment_zone

    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. As a result, the credit can be as much as $3,000 (20% of $15,000) per qualified zone employee each year.

  3. Renewal community - Wikipedia

    en.wikipedia.org/wiki/Renewal_community

    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 ...

  4. Upper Manhattan Empowerment Zone Development Corporation

    en.wikipedia.org/wiki/Upper_Manhattan...

    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 ...

  5. South Bend Empowerment Zone to continue through 2025-26 - AOL

    www.aol.com/finance/south-bend-empowerment-zone...

    The new resolution allows the Zone to continue with the same leadership, governance and structures as it has. But it won't automatically renew. South Bend Empowerment Zone to continue through 2025-26

  6. Atlanta Empowerment Zone - Wikipedia

    en.wikipedia.org/wiki/Atlanta_Empowerment_Zone

    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 ...

  7. Louise Lucas - Wikipedia

    en.wikipedia.org/wiki/Louise_Lucas

    In 2008 two companies which Lucas controlled applied for Empowerment Zone bonds to build a conference center in Portsmouth. The Portsmouth city council refused to issue the bonds, on a 3-2 vote with two council members who had a financial interest in the project abstaining.

  8. HUBZone - Wikipedia

    en.wikipedia.org/wiki/HUBZone

    HUBZone. 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 ...

  9. Qualified Zone Academy Bonds - Wikipedia

    en.wikipedia.org/wiki/Qualified_Zone_Academy_Bonds

    Qualified Zone Academy Bonds (QZABs) are a U.S. government debt instrument created by Section 226 of the Taxpayer Relief Act of 1997. It was later revised and regulations may be found in Section 54 (E) of the U.S. Code. The Tax Cuts and Jobs Act of 2017 eliminated QZABs as of January 30, 2018. [1] QZABs allowed certain qualified public schools ...

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