So, your community has an Opportunity Zone. Now what?
The Tax Cuts and Jobs Act of 2017 can provide powerful incentives to certain taxpayers to invest in property in low-income communities or districts designated as Opportunity Zones. For economic development practitioners, the immediate question is, “How do I actually get projects done in my community using these Opportunity Zone benefits?”
In this guide, we outline how you can identify projects, establish Opportunity Zone Funds, attract investors and get new capital deployed in your community. Then, we describe how a potential investor would benefit from making an investment in your community’s Opportunity Zone versus a non-Opportunity Zone.