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snippet: 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.
summary: 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.
accessInformation: Delaware Office of the Governor, Delaware Division of Small Business, Delaware Office of State Planning Coordination
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description: 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: OSPC_OWNER.BND_Opportunity_Zones
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tags: ["society","Opportunity Zones","boundaries","planningCadastre","Delaware"]
culture: en-US
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