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What Are Opportunity Zones
by: Michael SaundersIn this talk, head of the Economic Innovation Group, John Lettieri, talks about the "forgotten zip codes" across America, and how Opportunity Zones can allow them to thrive. John's career in public policy has included time in both the public and private sectors working with a diverse set of policymakers, entrepreneurs, investors, and global business leaders. |
Opportunity Zones are an economic development tool that allows people to invest in distressed areas in the United States.
The purpose of the Opportunity Zone programs is to spur economic growth and job creation in low-income communities while providing tax benefits to investors.
Opportunity Zones were created under the Tax Cuts and Jobs Act of 2017. Thousands of low-income communities in all 50 states, the District of Columbia and five U.S. territories are designated as Qualified Opportunity Zones.
Taxpayers can invest in these zones through Qualified Opportunity Funds.
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What Are Opportunity Zones
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About The Author
Michael Saunders is an editor of TopGovernmentGrants.com. He edits a site on Community Foundations that highlights the Social Progress Index for Counties around the country and Opportunity Zones within these foundations' areas of coverage. |
Additional Government Grants Resources
Academic-Community Partnership Conference Series Program
In line with this mission, the National Institutes of Health has recently formed a partnership with the The Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD) to establish the Academic-Community Partnership Conference Series Program wherein both agencies seek to solicit grant application that intend to conduct health disparities-related meetings, workshops, symposiums.
Secondary Market Lending Authority Program
The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.
Business Grants for Women
Many women in business find that in order to meet their business' financial needs, they turn to searching out a loan source. Business loans for women are widely available through the Small Business A...
Research to Advance Vaccine Safety Program
The Centers for Disease Control and Prevention has partnered with the National Institutes of Health and as a result, has developed the Research to Advance Vaccine Safety Program, wherein it seeks to obtain a more thorough understanding vaccine safety.
ENGAGE: Learning to Solve Problems, Solving Problems to Learn
The ENGAGE program is initially seeking to uncover proposals for innovative research studies that would lead young students to be more "engaged" in the fields of Science, Technology, Engineering, and Mathematics(STEM).
Grants From The Department of Commerce
In this article, you will discover the services offered by the Department of Commerce as well the different programs that could potentially help you in which ever way possible.
Motor Carrier Safety Assistance Program High Priority Grant Opportunity
The Federal Motor Carrier Safety Administration has recently announced the Motor Carrier Safety Assistance Program (MCSAP) High Priority grant, which enables the agency to provide funds to State agencies, local governments and organizations representing government agencies as they as train and educate qualified officers and employees in strict coordination with State motor vehicle safety agencies.
Social Entrepreneurship
Spotlight
Celebrity Chef Jamie Oliver Backs Social Saturday
UK will be celebrating its first national celebration of social enterprises dubbed as Social Saturday. World famous celebrity chef Jamie Oliver, who founded the Fifteen restaurant chain.
