The federal government has set up HUD Promise Zones, where it partners with high-poverty communities to drive economic development, increase education, secure private investment, and improve public health. Those who…
The Small Business Administration (SBA) has established the HUBZone program to give at least 3% of federal contract dollars every year to underutilized business areas. The goal is to expand…
An IRS Qualified Opportunity Zone is “an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment.” Residents of Eastern Kentucky can qualify as…
