The Tax Cuts and Jobs Act of 2017 established the Opportunity Zones (OZ) program, an economic development tool aimed at catalyzing new, long-term investments and development in economically challenged urban and rural communities across the country.
There are three types of eligible Opportunity Zone investments:
Equity
Investing in a qualified business located within an Opportunity Zone, in exchange for stock.
Partnership
Taking a partnership interest in a Qualified Opportunity Zone partnership.
Property
Business property used within Qualified Opportunity Zones, meeting thresholds for substantial improvement.
Fort Wayne / Allen County includes 10 Qualified Opportunity Zones. Learn more about investment possibilities:
Leveraging Opportunity Zones presentation
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