Webinar: Opportunity Zones
Archived LISC webinar recording from 02/23/18: The creation of Opportunity Zones (OZ) was included in the Tax Cuts and Jobs Act, the recently passed tax reform overhaul law. Opportunity Zones are an innovative approach to spurring long-term private sector investments in low-income urban and rural communities nationwide. LISC Policy, New Markets Support Company and Economic Innovation Group discuss how you can advocate for this resource in the areas of your state that your organization serves.
The creation of Opportunity Zones (OZ) was included in the Tax Cuts and Jobs Act, the recently passed tax reform overhaul law. Opportunity Zones are an innovative approach to spurring long-term private sector investments in low-income urban and rural communities nationwide. This new financial tool enables investors with capital gains tax liabilities 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. By creating these new incentives for investment, communities that have long suffered from a lack of economic opportunity and business growth will have the chance to prosper.
NMSC and the LISC Policy team invite you to learn more on how you can advocate for this resource in the areas of your state that your organization serves.
Speakers:
- Kevin Boes, President and CEO, New Markets Support Corporation
- John Lettieri, Senior Director for Policy and Strategy at the Economic Innovation Group
- Matt Josephs, Senior Vice President of Policy, LISC
Webinar Recording:
This webinar was conducted using WebEx.
