Feb 23, 2018 12:00pm - 1:00pm
THIS EVENT IS A WEBINAR. Please access the event remotely.
The Opportunity Zones program was established by Congress in the Tax Cut and Jobs Act as an innovative approach to spurring long-term private sector investments in low-income urban and rural communities nationwide. The program is based on the bipartisan Investing in Opportunity Act. It establishes a mechanism that enables investors with capital gains tax liabilities across the country to receive favorable tax treatment for investing in Opportunity Funds that are certified by the U.S. Treasury Department. The Opportunity Funds use the capital invested to make equity investments in businesses and real estate in Opportunity Zones designated by each state.
- Kevin Boes, President and CEO, New Markets Support Corporation
- Matt Josephs, Senior Vice President of Policy, Local Initiatives Support Corporation