Distressed area definition

Distressed area means a local governmental unit that meets all of the following:

Distressed area means a city that meets all of the following criteria:

Distressed area means: (a) A county which has an

Examples of Distressed area in a sentence

• Distressed area means an area of local government (i.e., usually a city or county) that has a per capita income of 80 percent or less of that State’s average or an unemployment rate that is one percent greater than the national average for the most recent 24-month period for which statistics are available.

• Specific eligibility criteria include: • The proposed project must be located in a HUD-designated Most Impacted and Distressed area or be shown to have a demonstrable benefit to a HUD- designated Most Impacted and Distressed area.

• Distressed area concern means a client located in a distressed area, which is based on the physical address of the client’s primary location.

• The amount of tax credits awarded for each activity shall align with the following calculations: Job Creation The amount of Tax Credits awarded for job creation may equal up to 10% of the annual wages for Eligible Employees in Full-Time Jobs.12 In an Economically Distressed area, the amount of Tax Credits may equal up to an additional 5% of the annual wages for Eligible Employees.13 Tax Credits may not be earned for wages over $100,000 per year.

• Since the Department has only selected Grantees for CDBG–NDR awards with documented disaster-related impacts (as supported by data provided by FEMA, SBA, and Applicants), each Grantee is limited to spending funds only in counties identified in the Action Plan as the Most Impacted and Distressed area.

More Definitions of Distressed area

Distressed area means either a municipal corporation that has a population of at least fifty thousand or a county that meets two of the following criteria of economic distress, or a municipal corporation the majority of the population of which is situated in such a county:

Distressed area means: (a) A rural county; (b) a county

Distressed area means either a municipal corporation with a population of at least fifty thousand or a county that meets any two of the following criteria:

Distressed area means: (a) A county which has an unemployment rate which is twenty percent above the state average for the immediately previous three years; (b) a metropolitan statistical area, as defined by the office of federal statistical policy and standards, United States department of commerce, in which the average level of unemployment for the calendar year immediately preceding the year in which an application is filed under this chapter exceeds the average state unemployment for such calendar year by twenty percent. Applications under this subsection (4)(b) shall be filed by April 30, 1989; (c) an area within a county, which area: (i) Is composed of contiguous census tracts; (ii) has a minimum population of five thousand persons; (iii) has at least seventy percent of its families and unrelated individuals with incomes below eighty percent of the county's median income for families and unrelated individuals; and (iv) has an unemployment rate which is at least forty percent higher than the county's unemployment rate; or (d) a county designated as a timber impact area under RCW 43.31.601 if an application is filed by July 1, 1993. For purposes of this definition, "families and unrelated individuals" has the same meaning that is ascribed to that term by the federal department of housing and urban development in its regulations authorizing action grants for economic development and neighborhood revitalization projects.

Distressed area means a county, city, community or other geographic area that is designated as a distressed area by the department, based on indicators of economic distress or dislocation, including but not limited to unemployment, poverty and job loss.

Distressed area means a county, city, community or other geographic area that is

Distressed area means either a municipal corporation that has a population of at least fifty thousand or a county, that meets two of the following criteria: