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Renewal Communities, Empowerment Zones and Enterprise Communities (RC/EZ/EC)

HUD NEWS RELEASES

- March 5, 2010: HUD Secretary Donovan Applauds Senator Landrieu, U.S. Senate For Adoption Of Go Zone Tax Credit Extension

The HUD Initiative for Renewal Communities, Empowerment Zones and Enterprise Communities (RC/EZ/EC) is important to development within distressed urban and rural areas nationwide. The Initiative, through federal grants, tax incentives, and partnerships with government, for-profit and non-profit entities, has opened new businesses and created jobs, housing, and new educational and healthcare opportunities for thousands of Americans.

The Gulf Opportunity Zone (GO Zone) Act of 2005 expanded the provisions of the Katrina Emergency Tax Relief Act of 2005 to those affected by Hurricanes Rita and Wilma as well as Katrina. These two laws provide certain tax breaks to help victims of the storms. These laws alter the tax code to help individuals and businesses who suffered losses as a result of the hurricanes.

RC/EZ/EC Logo About the Community Renewal Initiative
(Logo designed by ComCon.)
Highlights
 HUD Icon Tax Incentive Guide for Businesses in the Renewal Communities, Empowerment Zones, and Enterprise Communities, FY 2003 (PDF)
 HUD Icon Tax Incentives + Businesses=JOBS: A Marketing Primer on How to Entice Businesses to Renewal Communities, Empowerment Zones, and Enterprise Communities (PDF)
 HUD Icon Spotlight on Results (PDF)
 HUD Icon Tax Incentives in Empowerment Zones (PDF)
 HUD Icon Tax Incentives in Renewal Communities (PDF)
 HUD Icon Gulf Opportunity Zones and RC/EZ Areas (PDF)
 HUD Icon RC/EZ/EC Address Locator
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