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RENEWAL COMMUNITIES
White Area - Empowerment Zone | Yellow Area - Renewal Community
Renewal Community Tax Incentives
- RC Wage Credits up to $1,500 per RC resident employee annually through 2009
- Increased Section 179 Deductions
- Commercial Revitalization Deduction
- Environmental Cleanup Cost Deduction (Brownfields)
- Zero Percent Capital Gains tax rate for RC Assets sold or exchanged
More Information:
 Determine if your business resides in the Empowerment Zone (EZ) or Renewal Community (RC). The EZ and RC have different tax incentives. To determine which area your business is located, please click here for the EZ/RC locator. NOTE: The Camden Empowerment Zone and Camden Renewal Community do not overlap and are geographically distinct with their own benefits.
HUD - Department of Housing and Urban Development
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