A new tax incentive intended to stimulate investment in low-income communities known as opportunity zones has attracted significant attention from investors, developers, and business owners since its enactment under Section...more
5/24/2019
/ Community Development ,
Economic Development ,
Internal Revenue Code (IRC) ,
Investment Funds ,
IRS ,
Low Income Housing ,
Opportunity Zones ,
Public Comment ,
Public Notice ,
Qualified Opportunity Funds ,
Real Estate Development ,
Tax Deferral ,
Tax Incentives ,
U.S. Treasury
The Tax Cuts and Jobs Act creates a new tax incentive to stimulate economic development in certain low-income communities known as “Opportunity Zones.” This program will allow businesses and commercial projects located in...more