The time to invest in Detroit’s growth is now. Opportunity Zones help support growth in targeted areas of the city by providing incentives for investors to support catalytic projects. The Detroit Opportunity Exchange helps to identify a pipeline of projects in which local as well as national investors can invest, and allows investor sponsors to download exclusive information about the projects.
Opportunity Zones were designated throughout the country in 2018 in response to bi-partisan legislation at the federal level. The goal of the Opportunity Zone initiative is to encourage long-term private capital investment in low-income urban and rural communities. The program offers long-term federal tax deferral on capital gains for investments in designated Opportunity Zones, with additional tax exclusion from new capital gains achieved from those investments.
Sponsored by LISC Detroit.
DISCLAIMER: The information contained herein is for informational purposes only. LISC Detroit has not screened, evaluated or endorsed any of the private investors or registered Opportunity Funds, or project sponsors or projects, or service providers. LISC Detroit cannot guarantee the project sponsor will receive private investment through the Federal Opportunity Zones program. The information contained herein is not an advertisement, endorsement, or other promotions of a specific investment opportunity. LISC Detroit is not responsible for any inaccurate or out of date information contained herein. LISC Detroit does not provide investment advice or recommendations to engage in any transactions.