Tag: Opportunity Zones

OZs On the Map. Now What?

Historic red brick commercial Main Street with mix of building being rehabilitated and restored, typical of a successful Opportunity Zone.

Rural Opportunity Zones offer another chance. Communities still have to make it count. We all have those projects in town. That red brick commercial building downtown, where the property owner just needs a small boost to make the numbers pencil out on bringing back second story residential units. Or the entrepreneur with a sure-fire idea […]

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Opportunity Zones 1.0: What OZs Have Done to Date

Illustration of OZ 1.0 program investments

A renovated building on a struggling commercial corridor is easy to see. What is harder to see — and what matters more — is whether the incentive that helped pay for it actually changed the prospects of the people who live there. That question is worth asking now, as the Opportunity Zones economic development program […]

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Opportunity Zones in the Headlines

Image of a rural opportunity zone development project - typical red brick Main Street

You may be seeing the term “Opportunity Zone” in the news these days. What is that exactly, you might ask? Good question. Opportunity Zones (OZ) are a federal economic development tax incentive — and right now we are in the middle of a major transition with potential for rural development. Created in the 2017 Tax […]

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