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Other Information as required under Health & Safety Code Section 33080.1 (h) <br />Community Redevelopment Agency of the City of Santa Ana <br />FY 2010 -11 <br />Any other information that the agency believes useful to explain its programs, including, but not limited <br />to, the number of jobs created and lost in the previous fiscal year as a result of its activities. <br />Enterprise Zone <br />Agency staff submitted an application to the California Department of Housing and Community <br />Development to expand the Enterprise Zone by 1,346 acres. The application was approved and the <br />expanded Enterprise Zone area became effective on February 25, 2010. Now even more companies <br />doing business in the City of Santa Ana can lower their cost of doing business by reducing their state tax <br />burden. <br />The Santa Ana Enterprise Zone (EZ) is one of 42 EZ's statewide and the only one in Orange County. The <br />EZ program is designed to promote business growth and job generation by offering state tax credits and <br />highly valuable incentives to businesses of all types and sizes. The Santa Ana EZ encompasses over <br />11,790 acres, which covers 98 percent of the total industrial and commercial property within the city <br />and over 10,000 businesses. EZ benefits apply to existing businesses as well as new businesses <br />relocating or expanding into the EZ. <br />During fiscal year 2010 -11, 3,369 Enterprise Zone Hiring Credit Vouchers were issued. Each voucher <br />represents a job for an economically disadvantaged individual along with the potential of over $37,000 <br />in State Tax Credits to the employer. <br />Agency staff continues to provide outreach to local businesses to assist them in taking advantage of this <br />business - friendly program. Outreach efforts include individual presentations, workshops, website <br />information, marketing materials and manuals. <br />Page 1 of 1 <br />