Empowerment Zone Incentives

A federally designated Empowerment Zone in Baltimore encompasses 6.8 square miles in three separate areas of the city, two of which include sites zoned for heavy industrial use. Businesses in an empowerment zone may qualify for state enterprise zone tax credits.   

Empowerment zone incentives include:

  • Federal income tax credits
  • Increased depreciation on equipment
  • Tax exempt bond financing
  • Job training resources

Additional information on Baltimore's Empowerment Zone is available through the Empower Baltimore Management Corporation.