newportdataportal/rigis-enterprise-zones

Rhode Island Enterprise Zones are authorized by the Distressed Areas Economic Revitalization Act of the Rhode Island General Laws (RIGL) §42-64.3 and are limited to not more than five (5) contiguous U.S. census tracts or portions thereof. Exceptions to the five (5) census tract rule are prescribed in RIGL §42-64.3-5. The zones are delineated by U.S. census 2010 boundaries and defined under RIGL §42-64.3-5. Enterprise zone designation and re-designation are based on a number of distressed criteria including poverty, unemployment, and median household and per capita incomes. As well as non-demographic factors like economic development opportunities and potential, and defined course of action plans that including local incentives, resources and services. The Distressed Areas Economic Revitalization Act which spawned the Enterprise Zone Program was created to combat substantial and persistent levels of unemployment, blight, the spread of obsolete, dilapidated, and abandoned industrial and commercial structures and shrinking tax bases by stimulating economic revitalization, promote employment opportunities, and encourage business development and expansion in distressed areas.

RIGIS-enterprise-zones