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Opportunity Zones are a new community development program established by Congress as a part of the Tax Cuts and Jobs Act of 2017, they are designed to encourage long-term private investments in low-income communities. This program provides a federal tax incentive for taxpayers who reinvest unrealized capital gains into "Opportunity Funds," which are specialized vehicles dedicated to investing in low-income areas called "Opportunity Zones." The zones themselves are to be comprised of low-income community census tracts and designated by governors in every state. Qualifying Zones are based on the 2011-2015 American Community Survey. |
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Opportunity Zones are a new community development program established by Congress as a part of the Tax Cuts and Jobs Act of 2017, they are designed to encourage long-term private investments in low-income communities. This program provides a federal tax incentive for taxpayers who reinvest unrealized capital gains into "Opportunity Funds," which are specialized vehicles dedicated to investing in low-income areas called "Opportunity Zones." The zones themselves are to be comprised of low-income community census tracts and designated by governors in every state. Qualifying Zones are based on the 2011-2015 American Community Survey. |
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Delaware Office of the Governor, Delaware Division of Small Business, Delaware Office of State Planning Coordination |
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description:
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Opportunity Zones are a new community development program established by Congress as a part of the Tax Cuts and Jobs Act of 2017, they are designed to encourage long-term private investments in low-income communities. This program provides a federal tax incentive for taxpayers who reinvest unrealized capital gains into "Opportunity Funds," which are specialized vehicles dedicated to investing in low-income areas called "Opportunity Zones."The zones themselves are to be comprised of low-income community census tracts and designated by governors in every state. Qualifying Zones are based on the 2011-2015 American Community Survey. |
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title:
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OSPC_OWNER.BND_Opportunity_Zones |
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tags:
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["society","Opportunity Zones","boundaries","planningCadastre","Delaware"] |
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en-US |
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