The Enterprise Zone Program (District of Columbia)

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Last modified on February 12, 2015.

EZFeed Policy

Place District of Columbia
Applies to Municipality District of Columbia

   

Name The Enterprise Zone Program (District of Columbia)
Policy Category Financial Incentive
Policy Type Enterprise Zone
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy
Active Policy Yes

Implementing Sector State/Province



























Program Administrator Office of the Deputy Mayor for Planning and Economic Development
Primary Website http://dmped.dc.gov/sites/default/files/dc/sites/dmped/publication/attachments/DMPED_EnterpriseZones_one%20pager.pdf
Applicable Jurisdiction http://geospatial.dcgis.dc.gov/incentive/


Last Review 2014-05-30
Last Substantive Modification
to Summary
2014-05-30


Summary

The Enterprise Zone Program offers the following tax incentives to businesses in certain District neighborhoods: Employee Tax Credits--up to $3000 for each full-time employee; Work Opportunity Credits--up to $2400 for each employee from targeted demographic groups; Welfare to Work Credits--up to $3500 and $5000 for the first and second years employment, respectively, for workers receiving long-term family assistance; EZ Bonds--Tax Exempt Bond Financing up to $15 million in below-market interest rate loans (as much as 200 points below the market rate).



Policy Contact

Department Office of the Deputy Mayor for Planning and Economic Development
Division Office of Business Development
Address 1350 Pennsylvania Avenue NW
Address 2 Suite 317
Place Washington, D.C.
Zip/Postal Code 20004
Phone 202.727.6365




     
     


















References