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 of America
surface form: United States
focusesOn business development
community revitalization
job creation
poverty reduction
workforce development
hasPart Empowerment Zones and Enterprise Communities program self-linksurface differs
surface form: 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 and Enterprise Communities program
this entity surface form: Empowerment Zones program
Empowerment Zones and Enterprise Communities program hasPart Empowerment Zones and Enterprise Communities program self-linksurface differs
this entity surface form: Empowerment Zones