BREAKING NEWS: IRS Opportunity Zones
For the first time in history, our city has two (2) out of 8,700 certified OPPORTUNITY ZONES designed to attract businesses and investments.
This program has been designed as a tax incentive for investors to help spur economic development into Hopewell and other census tracts.
In order for us to take full advantage of this process, each citizen in our city must become better informed on the expected benefits. The expected impact in the United States is estimated around $6 Trillion!!!!
On this page as City Treasurer, I will strive to provide basic background, information and relevant updates. Stay tuned!
IRS OPPORTUNITY ZONES
Opportunity Zones Frequently Asked Questions
Opportunity Zones: A new national community investment program that connects private capital with low-income communities across America
Community Development Financial Institutions Fund
Opportunity Zones resources