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- Q5374432 subject Q6448758.
- Q5374432 abstract "The Empowerment Zone Program consists of three US congressional designations. The Renewal Communities (RCs), Empowerment Zones (EZs) and Enterprise Communities (ECs) are highly distressed urban and rural communities that may be eligible for a combination of grants, tax credits for businesses, bonding authority and other benefits. Highly distressed refers to communities who have experienced poverty and/or high emigration based upon definitions in the law. These designations, RCs, EZs and ECs were awarded in three competitions since 1994. The Community Renewal Tax Relief Act of 2000 authorized the creation of 40 renewal communities and created the New Markets Tax Credit Program. The program originally ended on December 31, 2011. However, on February 1, 2013, the Joint Committee on Taxation has extended the program for another two years, now ending on December 31, 2013.This program is primarily managed through partnerships between the local entity and either the Department of Housing and Urban Development (HUD) for RCs and urban areas or US Department of Agriculture (USDA) for rural EZs and ECs.Currently, there are 40 HUD RCs, 28 of which are in urban areas and 12 in rural communities. There are 30 HUD EZs, all of which are in urban areas. There are 10 USDA EZs and 20 USDA ECs in rural communities. A couple RCs have as few as approximately 100 businesses, while several RCs and EZs have more than 5,000 businesses. No RC, EZ or EC has a population greater than 200,000.".
- Q5374432 wikiPageExternalLink www.irs.gov.
- Q5374432 wikiPageExternalLink www.hud.gov.
- Q5374432 wikiPageExternalLink taxincentivesqa.pdf.
- Q5374432 wikiPageExternalLink index.html.
- Q5374432 wikiPageExternalLink ezec.
- Q5374432 wikiPageWikiLink Q16830016.
- Q5374432 wikiPageWikiLink Q61.
- Q5374432 wikiPageWikiLink Q6382062.
- Q5374432 wikiPageWikiLink Q6448758.
- Q5374432 wikiPageWikiLink Q7010040.
- Q5374432 wikiPageWikiLink Q7313137.
- Q5374432 wikiPageWikiLink Q811595.
- Q5374432 comment "The Empowerment Zone Program consists of three US congressional designations. The Renewal Communities (RCs), Empowerment Zones (EZs) and Enterprise Communities (ECs) are highly distressed urban and rural communities that may be eligible for a combination of grants, tax credits for businesses, bonding authority and other benefits. Highly distressed refers to communities who have experienced poverty and/or high emigration based upon definitions in the law.".
- Q5374432 label "Empowerment zone".