Renewal Community Page Posted: January 1, 2002
The RC and Round III Empowerment Zone initiatives represent a new approach to advancing economic prosperity in the Nation's poorest communities. Communities that receive RC or EZ designation will be able to use a revitalizing business tax incentive package valued at $22 billion nationwide. HUD has designated a total of 40 rural and urban RCs. The designated period will be from January 1, 2002 to December 31, 2009.
Click here: http://www.appal.org/rc/ for a lot more information on HUD's RC initiatives.
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