What is the Enterprise Zone?

The map above shows the exact boundaries of the Fort Lauderdale / Broward County EZ. For Lauderhill, east of State Road 7 to 31st Ave between 19th and Sunrise, is a part of the EZ. A portion of the newly annexed area Broward Estates and St. George are also a part of the Lauderhill EZ.

The Enterprise Zone (EZ) is a specific geographic area targeted for economic revitalization. It encourages economic growth and investments in distressed areas by offering incentives to businesses within the zone. Lauderhill joined forces with the Fort Lauderdale / Broward County EZ in December 2005. Unincorporated Broward County and Dania Beach also make up the Fort Lauderdale / Broward County EZ.

The City of Lauderhill offers tax credits and incentives to businesses located or locating within the Lauderhill Enterprise Zone boundaries. The Enterprise Zone Program was created to offer financial incentives and stimulate redevelopment in distressed areas through cities in order to improve the infrastructure and quality of life of the residents and employees within the zone.

Listed below are Incentives offered through the City of Lauderhill to business owners:

• Business Equipment Sales Tax Refund
  A refund of sales taxes paid on the purchase of certain business property, which is used exclusively in an enterprise zone for at least three years.

• Business Material Sales Tax Refund
  A refund of sales taxes paid on the purchase of building materials used to rehabilitate real property located in an enterprise zone.

• Job Tax Credit (Sales Tax)
  Allows a business located within an Urban Enterprise Zone to take a sale and use tax credit for 20 or 30 percent of wages paid to new employees who reside within an Enterprise Zone. To be eligible, a business should create at least one new job.