Make Use of our Opportunity Zone

Opportunity Zones (OZ) were enacted as part of the 2017 tax reform package (Tax Cuts and Jobs Act) to address uneven economic
recovery and persistent lack of growth that have left many communities across the country behind.

In the broadest sense, the newly enacted federal
Opportunity Zone (OZ) program provides a federal tax incentive for investors to invest in low-income urban and rural communities through favorable treatment of reinvested capital gains and forgiveness of tax on new capital gains. Opportunity Zones help address a number of challenges:

• Promoting economic vitality in parts of the state that have not shared in the general prosperity over the past few years
• Funding the development of workforce and
  affordable housing in areas with escalating prices
  and inventory shortages
• Funding new infrastructure to support population
  and economic growth
• Investing in startup businesses that have potential
  for rapid increases in scale and the ability to “export” outside the state of Colorado
• Upgrading the capability of existing underutilized
  assets through capital improvement investments

More details regarding the Opportunity Zone can be
found at choosecolorado.com/opportunity-zones.