Empowerment Zones and Enterprise Communities program

E331266

The Empowerment Zones and Enterprise Communities program is a federal initiative that provides tax incentives and grants to stimulate economic development and job creation in distressed urban and rural communities.

All labels observed (3)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf United States federal economic development program ⓘ
place-based policy initiative ⓘ
administeredBy United States Department of Agriculture ⓘ
United States Department of Health and Human Services ⓘ
United States Department of Housing and Urban Development ⓘ
United States Department of Labor ⓘ
United States Department of the Treasury ⓘ
appliesToJurisdiction distressed rural communities ⓘ
distressed urban communities ⓘ
authorizedBy Omnibus Budget Reconciliation Act of 1993 ⓘ
benefits federal grants to local governments and nonprofits ⓘ
tax incentives for businesses locating in designated areas ⓘ
country United States ⓘ
focusesOn business development ⓘ
community revitalization ⓘ
job creation ⓘ
poverty reduction ⓘ
workforce development ⓘ
hasPart Empowerment Zones ⓘ
Enterprise Communities ⓘ
Federal tax incentives ⓘ
Strategic Planning and Implementation Grants ⓘ
implementedAs competitive designation of zones and communities ⓘ
inception 1993 ⓘ
legislatedBy United States Congress ⓘ
levelOfGovernment federal-local partnership ⓘ
notableFor linking tax incentives with community planning requirements ⓘ
targeting both urban and rural distressed areas ⓘ
partOf Clinton administration domestic policy agenda ⓘ
policyInstrument federal grants for social and physical infrastructure ⓘ
federal income tax credits ⓘ
increased expensing of business assets ⓘ
tax-exempt bond financing ⓘ
wage tax credits for employers ⓘ
policyType anti-poverty program ⓘ
community development program ⓘ
place-based economic policy ⓘ
purpose encourage private investment in targeted communities ⓘ
promote job creation in high-poverty areas ⓘ
stimulate economic development in distressed communities ⓘ
support community-based strategic planning ⓘ
requires locally developed strategic plan ⓘ
partnerships between local government, nonprofits, and private sector ⓘ
selectionProcess competitive application process ⓘ
startTime 1993 ⓘ
targetedByCriterion distress indicators such as low income and disinvestment ⓘ
poverty rate ⓘ
unemployment rate ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Community Renewal Tax Relief Act of 2000 → relatedTo → Empowerment Zones and Enterprise Communities program ⓘ
Renewal Communities program → relatedTo → Empowerment Zones program ⓘ
linked to: Empowerment Zones and Enterprise Communities program
Empowerment Zones and Enterprise Communities program → hasPart → Empowerment Zones ⓘ
linked to: Empowerment Zones and Enterprise Communities program