Posts Tagged ‘Opportunity Zones’

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Microsoft announces $475M investment in Seattle housing

/   Jeff Andrews, Curbed

Seattle-based tech giant Microsoft announced Wednesday its intent to invest $475 million in housing development throughout the Puget Sound region, including $225 million in King County’s Eastside and $250 million in the county more broadly.

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The Opportunity Zone Program Presents Opportunity for Renewable Energy Development

/   Abraham A. Reshtick & Thomas R. Burton III, National Law Review

The federal Tax Cuts and Jobs Act of 2017 created a tax incentive program (the “Opportunity Zone Program”) that has the potential to provide a significant amount of funding for the development of renewable energy projects.

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Assessing Dallas’ Opportunity in Opportunity Zones

/   Jeremiah Jensen, DMagazine

It’s October. And the scent of Fletcher’s corny dogs and deep-fried goodness hangs heavy in the air at Fair Park in Dallas, where hordes of Texans have gathered to honor a Lone Star tradition.

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Benefits, challenges ahead from Opportunity Zones in Baltimore, experts tell businesspeople

/   Meredith Cohn, The Baltimore Sun

There are chances to lure development to some long-ignored areas of Baltimore and other parts of the state that have newly created Opportunity Zones, but the money won’t automatically flow, a panel of experts told a crowd of businesspeople Monday.

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Government Shutdown Stymies Opportunity-Zone Investors

/   Peter Grant, Wall Street Journal

The government shutdown is putting the brakes on scores of real-estate investors and developers who have been raising hundreds of millions of dollars to take advantage of what could be one of the most attractive tax breaks in years.

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