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Neighborhood Improvement Zone
The Neighborhood Improvement Zone (NIZ) is a special taxing district intended to encourage economic development in Allentown, Pennsylvania. This zone has been credited with attracting investment to Allentown but has also been criticized for failing to equitably benefit citizens. History 20th century Allentown was a center of industrialization during the Industrial Revolution. In the mid- and late-20th century, however, Allentown began facing significant economic decline and deindustrialization, and the city emerged as one of the most notable examples of a Rust Belt city. The departure of manufacturing firms from Allentown contributed to urban decay in the city, making the less attractive to investors. To address this issue, state lawmakers sought to use tax incentives to encourage economic development. 21st century The Neighborhood Improvement Zone was initially established through the passage of 2009 Act 50, 2011 Act 26, 2012 Act 87 by the Pennsylvania General Assembly. These acts ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allentown, Pennsylvania
Allentown (Pennsylvania Dutch language, Pennsylvania Dutch: ''Allenschteddel'', ''Allenschtadt'', or ''Ellsdaun'') is a city in Lehigh County, Pennsylvania, Lehigh County, Pennsylvania. The city has a population of 125,845 as of the 2020 United States census, 2020 census. It is the fastest-growing major city in Pennsylvania and the state's third largest city, behind Philadelphia and Pittsburgh. It is the largest city in both Lehigh County and the Lehigh Valley, which had a population of 861,899 and was the 68th most populous Metropolitan statistical area, metropolitan area in the U.S. as of 2020. Allentown was founded in 1762 and is the county seat of Lehigh County. Located on the Lehigh River, a tributary of the Delaware River, Allentown is the largest of three adjacent cities, along with Bethlehem, Pennsylvania, Bethlehem and Easton, Pennsylvania, Easton, in Lehigh and Northampton County, Pennsylvania, Northampton counties that form the Lehigh Valley region of eastern Pennsylv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pennsylvania Department Of Revenue
The Pennsylvania Department of Revenue (DOR) is an agency of the U.S. state of Pennsylvania. The department is responsible for collecting all Pennsylvania taxes, including all corporate taxes and taxes on inheritance, personal income, sales and use, realty transfer, motor fuel, and all other state taxes.''Pennsylvania Manual'', p. 4-83. The DOR was created in 1927 and began operating in 1929. Organizational structure The DOR is composed of the following sub-units:''Pennsylvania Manual'', pp. 4-83 – 4-84. *Deputy Secretary of Revenue ** Deputy Secretary for Taxation *** Taxpayer Service and Information Center *** Bureau of Corporation Taxes *** Bureau of Individual Taxes *** Bureau of Business Trust Fund Taxes *** Bureau of Motor Fuel Taxes *** Business Operations Office ** Deputy Secretary for Tax Policy *** Board of Appeals *** Bureau of Audits *** Bureau of Research ** Deputy Secretary for Administration *** Bureau of Administrative Services *** Equal Opportunity Office ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Development In The United States
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. How ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gentrification
Gentrification is the process of changing the character of a neighborhood through the influx of more Wealth, affluent residents and businesses. It is a common and controversial topic in urban politics and urban planning, planning. Gentrification often increases the Value (economics), economic value of a neighborhood, but the resulting Demography, demographic displacement may itself become a major social issue. Gentrification often sees a shift in a neighborhood's racial or ethnic composition and average Disposable household and per capita income, household income as housing and businesses become more expensive and resources that had not been previously accessible are extended and improved. The gentrification process is typically the result of increasing attraction to an area by people with higher incomes spilling over from neighboring cities, towns, or neighborhoods. Further steps are increased Socially responsible investing, investments in a community and the related infrastruct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Hockey League
The National Hockey League (NHL; french: Ligue nationale de hockey—LNH, ) is a professional ice hockey league in North America comprising 32 teams—25 in the United States and 7 in Canada. It is considered to be the top ranked professional ice hockey league in the world, and is one of the four major professional sports leagues in the United States and Canada. The Stanley Cup, the oldest professional sports trophy in North America, is awarded annually to the league playoff champion at the end of each season. The NHL is the fifth-wealthiest professional sport league in the world by revenue, after the National Football League (NFL), Major League Baseball (MLB), the National Basketball Association (NBA), and the English Premier League (EPL). The National Hockey League was organized at the Windsor Hotel in Montreal on November 26, 1917, after the suspension of operations of its predecessor organization, the National Hockey Association (NHA), which had been founded in 1909 i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philadelphia Flyers
The Philadelphia Flyers are a professional ice hockey team based in Philadelphia. The Flyers compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference. The team plays its home games in Wells Fargo Center in the South Philadelphia Sports Complex, an indoor arena they share with the Philadelphia 76ers of the National Basketball Association (NBA) and the Philadelphia Wings of the National Lacrosse League (NLL). Part of the 1967 NHL Expansion, the Flyers are the first of the expansion teams in the post–Original Six era to win the Stanley Cup, victorious in 1973–74 and again in 1974–75. The Flyers' all-time points percentage of 57.1% () is the third-best in the NHL, behind only the Vegas Golden Knights and Montreal Canadiens. Additionally, the Flyers have the most appearances in the conference finals of all 24 expansion teams (16 appearances, winning 8), and they are second behind the St. Louis Blues for the most playof ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Hockey League
The American Hockey League (AHL) is a professional ice hockey league based in the United States and Canada that serves as the primary Minor league#Ice hockey, developmental league for the National Hockey League (NHL). Since the 2010–11 AHL season, 2010–11 season, every team in the league has an affiliation agreement with one NHL team. When NHL teams do not have an AHL affiliate, players are assigned to AHL teams affiliated with other NHL teams. Twenty-six AHL teams are located in the United States and the remaining six are in Canada. The league offices are located in Springfield, Massachusetts, and its current president is Scott Howson. In general, a player must be at least 18 years of age to play in the AHL or not currently be beholden to a junior ice hockey team. The league limits the number of experienced professional players on a team's active roster during any given game; only five skaters can have accumulated four full seasons of play or more at the professional level ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lehigh Valley Phantoms
The Lehigh Valley Phantoms are a professional ice hockey team based in Allentown, Pennsylvania. The team competes in the American Hockey League (AHL) and serves as the primary development team for the Philadelphia Flyers of the National Hockey League. The Phantoms have been the top minor league affiliate for the Flyers since the 1996–97 season, playing in Philadelphia as the Philadelphia Phantoms from 1996 until 2009, then in Glens Falls, New York as the Adirondack Phantoms from 2010 until 2013, and in Allentown as the Lehigh Valley Phantoms since 2014. The Lehigh Valley Phantoms play their home games at PPL Center, an 8,500 capacity, $282 million indoor arena that opened in downtown Allentown on September 10, 2014. History In March 2011, plans were announced for a new arena, the PPL Center, in downtown Allentown, Pennsylvania. Demolition at the arena site began in January 2012. In February 2012, it was announced that the Adirondack Phantoms, a franchise that originated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Increment Financing
Tax increment financing (TIF) is a public financing method that is used as a subsidy for redevelopment, infrastructure, and other community-improvement projects in many countries, including the United States. The original intent of a TIF program is to stimulate private investment in a blighted area that has been designated to be in need of economic revitalization. Similar or related value capture strategies are used around the world. Through the use of TIF, municipalities typically divert future property tax revenue increases from a defined area or district toward an economic development project or public improvement project in the community. TIF subsidies are not appropriated directly from a city's budget, but the city incurs loss through forgone tax revenue. The first TIF was used in California in 1952. By 2004, all U.S. states excepting Arizona had authorized the use of TIF. The first TIF in Canada was used in 2007. This model has been heavily criticized by Libertarian-Conservat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Revolution In The United States
The Industrial Revolution in the United States was an epoch during the first 100 years of United States history where the economy progressed from manual labor and farm labor to a greater degree of industrialization based on labor. There were many improvements in technology and manufacturing fundamentals with results that greatly improved overall production and economic growth in the United States. The Industrial Revolution occurred in two distinct phases, the First Industrial Revolution occurred during the latter part of the 18th century through the first half of the 19th century and the Second Industrial Revolution advanced following the American Civil War. Among the main contributors to the First Industrial Revolution were Samuel Slater's introduction of British industrial methods in textile manufacturing to the United States, Eli Whitney's invention of the cotton gin, Éleuthère Irénée du Pont's improvements in chemistry and gunpowder making, and other industrial advancem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lehigh River
The Lehigh River is a U.S. Geological Survey. National Hydrography Dataset high-resolution flowline dataThe National Map, accessed April 1, 2011 tributary of the Delaware River in eastern Pennsylvania. The river flows in a generally southward pattern from The Poconos in Northeastern Pennsylvania through Allentown and much of the Lehigh Valley before enjoining the Delaware River in Easton. Part of the Lehigh River and a number of its tributaries are designated Pennsylvania Scenic Rivers by the state's Department of Conservation and Natural Resources. The river's name "Lehigh" is an anglicisation of the Lenape name for the river, ''Lechewuekink'', which means "where there are forks". Both Lehigh County and Lehigh Valley are named for the river. According to an environmental report from a Pennsylvania nonprofit research center, the Lehigh River watershed is ranked second nationally in the volume of toxic substances released into it in 2020. The study mirrors a previous report b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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