Opportunity Zones are a new concept enacted in the 2017 Tax Cuts and Jobs Act. The program is designed to incentivize patient capital investments in low-income communities nationwide that have been cut off from capital and experienced a lack of business growth. Michigan is home to 288 of these Economic Opportunity Zones which are mapped out here.
Growing jobs and improving the Michigan economy is at the core of Grow Michigan’s mission. If you have clients in an Economic Opportunity Zone we can help.