A form of the enterprise zone that combines tax breaks and low interest loans in redeveloping areas is called ________.
A) a Federal Empowerment Zone
B) a redline district
C) the urban renewal section
D) the reinvestment model

Question

Quizplus · Accepted Answer

A Federal Empowerment Zone combines both tax breaks and low interest loans to encourage businesses to invest and redevelop in economically distressed areas. Redline districts refer to historically discriminatory practices where certain areas were designated as high-risk and therefore ineligible for investment, while urban renewal sections and the reinvestment model do not specifically refer to this combination of tax breaks and low interest loans.

A Form of the Enterprise Zone That Combines Tax Breaks