Hero Text

1972 – 50 years of service to the commercial industrial retail real estate industry – 2022.


February 4, 2011

Additionally, we have also joined the fight to protect Enterprise Zones from elimination. With California’s unemployment rate at 12.5% — second highest in the country – now is the worst possible time to get rid of Enterprise Zones, proven to be one of the state’s most effective efforts to create jobs and reduce poverty.

The group, known as Communities to Save Enterprise Zones, is a statewide coalition working to turn back a proposal in the Governor’s budget to do away with these specially designated areas that give businesses incentives to locate and hire within the community. Enterprise Zones are one of the only programs local areas can use to attract employers. Without them, businesses would face more than $1.4 billion in tax hikes and California’s competitiveness would take another hit.

Especially important is the fact that killing this program would hurt areas of California with the some of the highest unemployment. Enterprise Zones are specifically designed to bring jobs to communities where jobless rates are the worst; repealing them means more economic misery for parts of the state hit hardest by the recession.

Enterprise Zones enjoy widespread supports from Democrats and Republicans, businesses, taxpayers, small businesses, local government organizations and CIOMA because the program is effective at creating jobs in hard hit areas, reducing poverty and creating value in communities across the state.

To find out more information, or to find out how to write your legislator asking them to save jobs by saving enterprise zones, click here.

Posted In Uncategorized

Leave a reply