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GAO-23-106113 1 (2022-10-31)

handle is hein.gao/gaonuy0001 and id is 1 raw text is: G A O U.S. GOVERNMENT ACCOUNTABILITY OFFICE 441 G St. N.W. Washington, DC 20548 October 31, 2022 The Honorable Brian Schatz Chair The Honorable Susan Collins Ranking Member Subcommittee on Transportation, Housing and Urban Development, and Related Agencies Committee on Appropriations United States Senate The Honorable David Price Chairman The Honorable Mario Diaz-Balart Ranking Member Subcommittee on Transportation, and Housing and Urban Development, and Related Agencies Committee on Appropriations House of Representatives ECONOMIC DEVELOPMENT: Status of Recommendations on Empowerment Zones and Other Selected Community Investment Initiatives Over a period of years, beginning in 1993, Congress established the Empowerment Zone, Enterprise Community, and Renewal Community designations (federal revitalization designations) to reduce unemployment and generate economic growth in selected census tracts.1 The Community Renewal Tax Relief Act of 2000 mandated that GAO issue three reports on the programs between 2004 through 2010. The body of work found that Empowerment Zones and Enterprise Communities used grant funds to implement a wide range of community and economic development initiatives to revitalize impoverished urban and rural communities. We also found limitations with available program data and how the programs were monitored and administered. We made 1Census tracts are small, relatively permanent statistical subdivisions of a county or statistically equivalent entity. The primary purpose of census tracts is to provide a stable set of geographic units for the presentation of statistical data. Census tracts generally have a population size from 1,200 to 8,000 people, with an optimum size of 4,000 people. While census tracts usually cover a contiguous area, the spatial size of census tracts varies widely depending on the density of settlement. GAO-23-106113 Economic Development Programs Page 1

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