Upper Manhattan Empowerment Zone Development Corporation
Get Full AccessDescription
- Mission: to sustain the economic revitalization of all communities in Upper Manhattan through job creation, corporate alliances, strategic investments, and small business assistance.Founding History: Upper Manhattan was designated as an urban empowerment zone (Empowerment Zone) under federal legislation authored by Congressman Charles B. Rangel and signed into law by President Clinton in 1994. The Upper Manhattan Empowerment Zone Development Corporation (UMEZ), which is an independent not-for-profit corporation, was formed in response to the federal empowerment zone legislation. Funding for UMEZ is provided by the federal government with matching amounts from the City of New York and the State of New York. UMEZs ongoing operations are not dependent on the extension of the federal empowerment zone legislation, which has been extended periodically, and UMEZ expects to continue to operate if the Empowerment Zone designation expires.Where & Who: UMEZ facilitates economic development in West, Central, and East Harlem; Inwood; and Washington Heights. Joseph J. Johnson; President & CEO: Kenneth J. Knuckles. Impact: By the close of 2014 UMEZ provided funding for:--$95 million in grants focused on arts and culture and workforce development--$73 million in loans to mixed-use real estate development projects, commercial businesses, and small business enterprises--$57 million in tax-exempt bonds for real estate development projects for a total of almost $225 million of investments.UMEZ investments have leveraged over $1 billion of private capital invested in Upper Manhattan, and this commitment has created nearly 10,000 direct jobs thus far.
-
Headquarters:55 W 125Th St Rm 1100 , New York, New York, United States
More -
Phone Number: +1 212-410-0030
-
Website: https://www.umez.org
-
Employees:17
-
Revenue:$1 - 10M
-
Legal Name:Upper Manhattan Empowerment Zone Development Corporation
-
Upper Manhattan Empowerment Zone Development Corporation's Social Media
-
Is this data correct?
-
| NAICS Code: 541690 |
Show More
Sell more in less time!
Buyer intent data, anonymous visitor identification, first party data integration backed by a massive contact database that will supercharge your sales team. Schedule a demo to learn more!
Frequently Asked Questions regarding Upper Manhattan Empowerment Zone Development Corporation
-
Where are Upper Manhattan Empowerment Zone Development Corporation's Headquarters?
Upper Manhattan Empowerment Zone Development Corporation's Headquarters are in 55 W 125Th St Rm 1100 ,New York,New York,United States
-
What is Upper Manhattan Empowerment Zone Development Corporation's phone number?
Upper Manhattan Empowerment Zone Development Corporation's phone number is +1 212-410-0030
-
What is Upper Manhattan Empowerment Zone Development Corporation's official website?
Upper Manhattan Empowerment Zone Development Corporation's official website is https://www.umez.org
-
What is Upper Manhattan Empowerment Zone Development Corporation's Revenue?
Upper Manhattan Empowerment Zone Development Corporation's revenue is $1 - 10M
-
What is Upper Manhattan Empowerment Zone Development Corporation's NAICS code?
Upper Manhattan Empowerment Zone Development Corporation's NAICS code is 541690
-
How many employees are working in Upper Manhattan Empowerment Zone Development Corporation
Upper Manhattan Empowerment Zone Development Corporation has 17 employees
-
What is Upper Manhattan Empowerment Zone Development Corporation's Industry?
Upper Manhattan Empowerment Zone Development Corporation is in the industry of Non-Profit Organization Management
-
Who is Upper Manhattan Empowerment Zone Development Corporation's CEO?
Upper Manhattan Empowerment Zone Development Corporation's CEO is Blair Duncan