In partnership with the office of the Mayor of Long Beach and the Long Beach Chamber of Commerce, the Youth Opportunity Center is promoting the new Enterprise Zone Hiring Tax Credit Program to all businesses within the city of Long Beach Enterprise Zone.
The City of Long Beach was awarded a 15-year renewal term California Enterprise Zone beginning January 1, 2007 to help stimulate business growth, attract new employers, create jobs and encourage investment in the city.
Over 70% of the city of Long Beach is in the Enterprise Zone. In fact, in 2008 alone, 5,850 hiring tax credits were issued to local businesses under this program. This represents a potential first year tax credit value of $78 million!
For more information about the Enterprise Zone, click here.
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