Opportunity Zones offer investors tax credits while helping to build communities
A new community investment program that connects private capital with communities was created through the Tax Cuts and Jobs Act federal tax bill and allowed the U.S. Treasury to designate certain census tracts as Opportunity Zones. Investment in these zones are eligible to receive a 10-year federal tax break.
We recognize that entering a new market and conducting the necessary due diligence can be overwhelming. We’re prepared to assist you every step of the way with our expert, proven and confidential services.
The Youngstown/Warren Regional Chamber will serve as your single point of contact for investing in any or all of the region’s fifteen designated Opportunity Zones.
Here’s how we can help:
• Identify deal flow;
• Coordinate local funds, including any applicable state and local incentives;
• Connect you with local developers, companies, and investable business opportunities;
• Work with local elected officials; and
• Equip your project with local investors, lenders, bankers, and service providers.
We look forward to working with you!