On April 17, 2019, a second set of new Proposed Regulations were released that provide additional guidance regarding Opportunity Zone development and investment. The second set of proposed regulations have been eagerly anticipated and provide needed clarity that should accelerate private investment by Opportunity Zone Funds within Opportunity Zones. Governmental entities and 501(c)(3) organizations located within a designated Opportunity Zone are encouraged to contact their Gilmore Bell attorney to discuss how they can best leverage Opportunity Zone capital with existing economic development incentives in order to accelerate development within their communities.
***Don’t forget to REGISTER TODAY for Gilmore Bell’s Public Finance Seminar and join us for a discussion of some of the latest solutions for public finance projects. Seminar topics include:
Using P3’s to Leverage Investment
Incorporating Federal, State and Local Incentives,
Tax Credits and Opportunity Zones to Jump Start
Public Projects & Economic Development in
Innovative Financing Structures for
Broadband, Alternative Energy, Affordable Housing
& Other Projects
Applying the New Utah Special Taxing Districts Law
(Salt Lake City)
New Rules for Continuing Disclosure
Watch for seminars for 501(c)(3)/Nonprofit organizations coming later this year!
Posted: Apr 24, 2019