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Empowerment Zones

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An empowerment zone is an economically distressed American community that receives tax incentives and grants from the federal government under the Empowerment Zones and Enterprise Communities Act of 1993. The act provided for the designation of nine empowerment zones nationwide—six urban and three rural—as well as 95 enterprise communities, which receive similar benefits on a smaller scale.

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Copyright © 2011 Advameg, Inc.