Iowa Admin. Code r. 261-31.8

Current through Register Vol. 47, No. 13, December 25, 2024

Rule 261-31.8 - Description

An "economic enterprise area" means a designated "economic development region" that shall consist of at least one county containing no city with a population of more than 23,500 and shall meet at least three of the following criteria:

1. A per capita income of 80 percent or less than the national average.

2. A household median income of 80 percent or less than the national average.

3. Twenty-five percent or more of the population of the economic enterprise area with an income level of 150 percent or less of the United States poverty level as defined by the most recently revised poverty income guidelines published by the United States Department of Health and Human Services.

4. A population density in the economic enterprise area of less than ten people per square mile.

5. A loss of population as shown by the 2000 certified federal census when compared with the 1990 certified federal census.

6. An unemployment rate greater than the national rate of unemployment.

7. More than 20 percent of the population of the economic enterprise area consisting of people over the age of 65.

Iowa Admin. Code r. 261-31.8

Amended by IAB September 17, 2014/Volume XXXVII, Number 6, effective 10/22/2014