In what year was the Urban Enterprise Zone program enacted?

The Urban Enterprise Zone (UEZ) program was enacted in 1983 as part of a statewide effort to revitalize urban areas that were experiencing economic distress. The purpose of this program was to stimulate economic growth and attract businesses to designated zones by offering various tax incentives, financing programs, and regulatory relief to encourage investment and job creation in these urban environments. The UEZ program aimed to enhance the quality of life for residents by promoting economic development and improving the overall vitality of struggling neighborhoods. Thus, understanding this historical context reinforces that 1983 is indeed the correct year for the enactment of the Urban Enterprise Zone program.