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News & Press: 2018 Economic Development News

SEDC U Flash Bulletin - New Federal Program - Opportunity Zones

Thursday, February 8, 2018  
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New Federal Program...

Opportunity Zones

See if your community can benefit!

 

 

Opportunity Zones
Tucked Into the Tax Bill, a Plan to Help Distressed America

WASHINGTON — A little-noticed section in the $1.5 trillion tax cut that President Trump signed into law late last month is drawing attention from venture capitalists, state government officials and mayors across America.

The provision,on Page 130 of the tax overhaul, is an attempt to grapple with a yawning hole in the recovery from the Great Recession: the fact that, in huge swaths of the country, the economic recovery has yet to arrive.

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Additional Information

Opportunity Zones

A new national community investment program that connects private capital with low-income communities across America.

 

 


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