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§ 8440.3. SB1438 Zone Eligible Area.

25 CA ADC § 8440.3Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 25. Housing and Community Development
Division 1. Housing and Community Development
Chapter 7. Department of Housing and Community Development Programs
Subchapter 21. Enterprise Zone Program
Article 4. Eligible Areas
25 CCR § 8440.3
§ 8440.3. SB1438 Zone Eligible Area.
Currentness
(a) “Area”, as used in this section, means the county for a census tract outside a city, and the city for a census tract within a city. Therefore, in subsection (b)(1), “unemployment rate for the area” means that rate within the city if the census tract is in a city, otherwise it means the rate for the county.
(b) Each census tract within the SB1438 zone eligible area shall comply with a minimum of two of the following:
(1) The unemployment rate in the area has been twice the unemployment rate for the State of California in each of the years 1990 through 1994, inclusive, based upon figures provided by the Economic Development Department.
(2) The 1990 median household income for each census tract is less than 90 percent of the 1990 median household income for the county in which the census tract is located, based upon figures provided by the Department of Finance Demographics Unit.
(3) The area has experienced at least an eight percent increase in population per year in both 1993 and 1994 while employment in the area has increased less than eight percent per year in 1993 and 1994, based upon figures provided by the Economic Development Department. In calculating the increase, if 1992 population was 100,000, then population in 1993 must be at least 108,000, and in 1994 at least 116,640.

Credits

Note: Authority cited: Sections 7073, 7076 and 7085, Government Code. Reference: Section 7073, Government Code.
History
1. New section filed 7-10-95 as an emergency; operative 7-10-95 (Register 95, No. 28). A Certificate of Compliance must be transmitted to OAL by 12-7-95 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 7-10-95 order transmitted to OAL 9-12-95 and filed 10-18-95 (Register 95, No. 42).
3. Change without regulatory effect renumbering title 10, section 5602.3 to title 25, section 8440.3 and amending Note filed 7-19-2005 pursuant to section 100, title 1, California Code of Regulations (Register 2005, No. 29).
This database is current through 6/21/24 Register 2024, No. 25.
Cal. Admin. Code tit. 25, § 8440.3, 25 CA ADC § 8440.3
End of Document