The Baltimore Empowerment Zone extends over 6.8 square miles, covering
three separate areas of east, west, and south Baltimore, and containing
over 50,000 people and 2,000 businesses. The Empowerment Zone area covers
25 census tracts. The neighborhoods that make up the Empowerment Zone
include: East Harbor, Historic East Baltimore, Harlem Park / Lafayette Square, Poppleton, Sandtown-Winchester, and Washington Village
of Baltimore City.
About
the Empowerment Zone
Residents
Businesses
Geographic Area
East Harbor
Located just east of the Jones Falls Expressway and the Inner Harbor,
the East Harbor area encompasses Fells Point and Jonestown, both historic
communities that include numerous, established commercial and retail
businesses and residences. Fells Point, Butchers Hill and Washington
Hill are formally designated Historic Districts. Fells Point and Little
Italy are tremendous tourist attractions. The area is also home to the
Marriott Waterfront Hotel, Fresh Fields and a cadre of restaurants including
Roy’s, Charleston’s and Fleming's.
Historic East Baltimore
Community organizations, institutions, and businesses have united to create the area known as Historic East Baltimore. The boundaries of the area beginning at the southern line is Fayette Street from Central Avenue to Chester Street and Jefferson Street, western line from Central Avenue to E. Monument Street and Caroline Street, northern line of Federal Street from Caroline Street to Lakewood Avenue and the eastern line of Eager Street and Kenwood Avenue. This area is home to the new John Hopkins University Biotechnology Research Park.
Harlem Park / Lafayette Square Community
Located in West Baltimore, Harlem Park/ Lafayette Square is a collection of adjoining neighborhoods made up of community residents, community associations, community institutions, community churches and religious organizations, community schools, and community businesses. The community is located from the far northwest corner of Lafayette Avenue and Fulton Avenue, to the middle of Lafayette Avenue, south on Fulton Avenue, east on Franklin Street and North on Fremont Avenue.
Community of Poppleton
Poppleton is located in West Baltimore just across the Martin Luther King Jr. Boulevard. With an amended urban renewal plan, the Community of Poppleton hosts the University of Maryland Biotechnology Campus. The community is also home to Hollins Market, a public market with diverse appeal. The boundaries are Franklin Street to the north, Carey Street to the west, Pratt Street to the south, and Paca Street to the east.
Sandtown-Winchester/ Self Motivated Community
This area is one of the Empowerment Zone's largest and includes the Pennsylvania Avenue Main Street and Renaissance area. The boundary lines are located south of Gwynn Falls Parkway, east of Reisterstown Road, Pennsylvania Avenue and Fremont Avenue, north of Lafayette Avenue, east of Fulton Avenue, south of Laurens Street between Fulton Avenue and Mount Street, east of Mount Street, north of North Avenue and east of the Western Maryland Railroad tracks.
Washington Village Pigtown
Neighborhood
Washington Village Pigtown is in Southwest Baltimore and includes the
neighborhoods of Barre Circle and Morrell Park. Over the last several years, the neighborhood has gained new investment, particularly with the renovation and now new Montgomery Park Center. Located in south west Baltimore, the neighborhood boundaries are the southeast corner of Martin Luther King Jr. Boulevard to Interstate 95, West on Interstate 95 to Baltimore & Ohio Railroad tracks, south and then west on the B&O tracks to Atlantic Avenue. Follow tracks to Carey Street back to Pratt and Pratt to the southeast corner of Scott Street.
Residents
Empowerment Zone 2000 Demographics:
Total Residents
White
Black
Non-White
Male
Female
Under 18
18 – 64
65+
Households
Median Household Income
Median Family Income
Residents Living In Poverty
White
Black
Residents in the Labor Force
White
Black
Unemployment Rate
|
54,012
10,283
41,586
2,143
24,902
29,110
15,395
32,442
6,175
20,578
20,750
23,167
18,569
1,844
16,108
20,056
|
19.04%
76.99%
3.97%
46.10%
53.90%
28.50%
60.06%
11.43%
37.13%
48.42%
33.89%
16.54% |
Businesses
Tax Tips
Important Tax Tips for Accountants and Businesses in Empowerment Zones
and Renewal Communities:
A little time on the computer can reduce your federal tax liability
and help a company's bottom line. Just download the Address
Locator (4 Mb) to see if your business is located in an Empowerment
Zone. Review your employee roster to see if you have employees that
live in the Empowerment Zone. From 2002-2009, your business could earn
a yearly wage tax credit of up to $3,000 for every employee that lives
in an Empowerment Zone.
Personal property that you purchased last year and use in an Empowerment
Zone can be expensed, resulting in an additional $35,000 in deductions
each year from 2002-2009, through Increased Section 179 deductions.
Plan ahead for this summer. Your business can receive up to $1,200 in
Work Opportunity Tax Credits (WOTCs) if you hire youth from an Empowerment
Zone between May 1 and September 15.
If you have entry-level jobs, you can take up to $2,400 in WOTCs for
each 18 to 24 year-old employee you hire from the Empowerment Zone.
It does not matter where the employee works for you, but you will need
to obtain a certification that the employee qualifies from the State
Employment Services Agency (SESA).
You can increase the wage credit available to you by targeting your
employee recruitment to residents of housing developments located in
the Empowerment Zone. These residents can qualify the business for the
Empowerment Zone Wage Credit or the WOTC.
Leverage your tax credits by reviewing State tax laws to significantly
reduce Your taxes. In many cases, tax incentives may be available for
businesses located in State or local enterprise communities.
To find more information on Renewal Community tax incentives and to
obtain a free copy of the publication, "Tax Incentive Guide for
Businesses in the Renewal Communities, Empowerment Zones and Enterprise
Communities", call 800-998-9999. Above content is directly from
the U.S. Department of Housing and Urban Development.
For more information,
go to: http://www.hud.gov/offices/cpd/economicdevelopment/library/taxtips.cfm