Tag: opportunity zones

Stewarding our Legacy Cities

In the center of Akron, Ohio’s newly developed main street, the city has plans to build a rubber statue. Not literally, of course. Instead, the city will honor its “Rubber City” roots with a 12-foot bronze statue of a rubber worker holding a finished tire. In a news release, Akron Mayor Dan Horrigan said the

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4 Takeaways from Proposed Opportunity Zone Regulations

The Opportunity Zones program, passed into law last year, went by nearly unnoticed after it was bundled into the larger 2017 tax reform bill. Many state and local leaders were first introduced to the program during the 90-day window for zone selections at the start of this year. While the first year of the program

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5 Things City Leaders Should Know About Opportunity Zones

This is a guest post by Steve Glickman and John Lettieri, co-founders of the Economic Innovation Group. Opportunity Zones is a new community development initiative established by Congress in the Tax Cuts and Jobs Act of 2017 designed to spur long-term private investment in low-income communities nationwide. The program offers a federal tax incentive for reinvesting

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