The Enterprise Zone Program (District of Columbia)
Last modified on February 12, 2015.
|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|
|Program Administrator||Office of the Deputy Mayor for Planning and Economic Development|
| Last Substantive Modification
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).
|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|