Home Residents Businesses Visitors Departments Online Services Quick Links Home
If you would like to receive City press releases via e-mail, please enter your e-mail address here:
City of Anaheim Receives Enterprise Zone Designation
ANAHEIM, CA - (December 16, 2010) - In a move to increase business development and to assist in the creation of jobs, the City of Anaheim today was granted the highly desirable Enterprise Zone designation by the California Department of Housing and Community Development (HCD). 

“This is very exciting news, and we are pleased with the State of California’s announcement granting Anaheim an Enterprise Zone designation,” said City of Anaheim Mayor Tom Tait.  “Current and future Anaheim businesses will benefit, which in turn will create job opportunities. We have many people to thank, including the Anaheim business community, who worked diligently in the pursuit of this designation.”  

In Anaheim the Enterprise Zone boundaries include nearly all of the City’s industrial and commercial areas, and approximately 80% of all Anaheim businesses.  The Enterprise Zone designation is for 15 years.

Businesses within the Enterprise Zone are eligible for substantial tax credits and benefits, for example:

  • Firms can earn $37,440 or more in state tax credits for each qualified employee hired.
  • Corporations can earn sales tax credits on purchases of $20 million per year of qualified machinery and machinery parts.
  • Up-front expensing of certain depreciable property.
  • Lenders to Zone businesses may receive a net interest deduction.
  • Unused tax credits can be applied to future tax years, stretching out the benefit of the initial investment.
  • Enterprise Zone companies can earn preference points on state contracts.
  • Up to 100% Net Operating Loss (NOL) carry-forward. NOL may be carried forward 15 years.


Final designation is expected no later than June 30, 2011.  At today’s announcement, Anaheim was one of three cities statewide awarded this designation, the other new zones being Harbor Gateway and Santa Clarita Valley.  Currently there are only 42 officially designated Enterprise Zone areas in the State of California.  For more information about this announcement and for businesses interested in exploring the advantages of Anaheim please call the City of Anaheim Economic Development Office, at 714-765-4323.

Media Contact: Ruth Ruiz 714.765.5060more city news


ABOUT ANAHEIM –The City of Anaheim, founded in 1857, is one of the nation's premier municipalities and is one of California's most populous and most visited cities. Anaheim covers 50 square miles with more than 351,000 residents and more than 2,900 City employees. The municipal corporation's annual budget is $1.7 billion. Anaheim supports a thriving business community with companies such as: Carl Karcher Enterprises, Inc.; L-3 Communications; Pacific Sunwear; and Disneyland Resort. Successful sports franchises call Anaheim home, including: Angels Baseball; Anaheim Ducks; the U.S. Men's National Volleyball Team, and the 2012 Olympic Games Silver Medal winning U.S. Women's National Volleyball Team. Anaheim also boasts world-class meeting and entertainment venues with: The Anaheim Convention Center, LEED-certified and the largest on the west coast; Honda Center; City National Grove of Anaheim; Anaheim GardenWalk; Angel Stadium of Anaheim; and ARTIC (Anaheim Regional Transportation Intermodal Center). In addition, Anaheim embraces its vibrant cultural arts community, including the world-renowned Anaheim Ballet. Annually, Anaheim welcomes more than 20 million visitors to the City, truly making it where the world comes to live, work and play. For more information, please visit www.anaheim.net.


Description: facebook_icon Join the Anaheim community on Facebook
Description: twitter-icon Submit service requests via Twitter - text "d Anaheim311" to 40404
Description: ICON-YOU TUBE horizontal Anaheim events and video news articles - updated weekly on Anaheim's YouTube channel
Description: apple-app-store-icon Download the FREE My Anaheim app for Apple iPhone and iPod Touch
Description: Android-icon Download the FREE My Anaheim app for Android devices
Description: Anaheim Anytime 311 logo

Anaheim Anytime is available 24/7.  For questions regarding the City of Anaheim, simply dial 311 from any Anaheim-based landline phone or from (714) 765-4311 from a cell phone or any phone outside the city limits. Anaheim Anytime representatives are available from 7:00 a.m. to 5:30 p.m. Monday - Friday. Recorded information and a voice mail box is also available 24/7.