Housing Partnership Inc. plans mixed-use development for vacant warehouse on West Broadway
Housing Partnership Inc. hopes to restore a nearly century-old warehouse and partner with other groups to create a mixed-use development with affordable housing.
The Marian Group starts own Opportunity Zone fund to relocate business in Russell
The Marian Group created its own qualified fund to invest in Opportunity Zones, using this to relocate and expand a metal fabrication company in Russell.
Commentary: Louisville is harnessing the opportunity of Opportunity Zones
By Mayor Greg Fischer Our job at Metro Government is to make it possible for everyone in Louisville to have an opportunity to realize their full human potential — and a strong economy is critical to creating those opportunities. There is much to celebrate...
Treasury releases first round of rules on Opportunity Zones, giving flexibility to developers
The U.S. Department of Treasury on Friday released its first round of rules and guidance on the federal Opportunity Zones program, which was created in the tax cut bill passed by Congress last year and uses large capital gains tax breaks to incentivize investment...
Access Ventures explores Opportunity Zones fund to expand investments beyond Shelby Park
Local capital investment group Access Ventures announced Tuesday that it is exploring national partnerships to create a fund specifically to invest in the newly created Opportunity Zones in Louisville and several other cities, taking advantage of federal legislation passed late last year to incentivize...
Kentucky’s 144 ‘Opportunity Zones’ certified by U.S. Treasury
The U.S. Department of Treasury and Internal Revenue Service have certified the 144 census tracts in Kentucky that were submitted by Gov. Matt Bevin’s administration to be “Opportunity Zones” — low-income areas where major investors would be incentivized by significantly reduced and deferred capital gains...
Bevin administration pursuing ‘Opportunity Zones’ to incentivize capital investment in west Louisville
When Congress passed its massive $1.5 trillion tax cut bill in December, few had heard of a provision tucked into the bill allowing the creation of “Opportunity Zones” — low-income areas in which major investors would be incentivized by significantly reduced capital gains taxes....
Opportunity ZonesDecember 10, 2019
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