Opportunity Zones and Small Business Revolving Loan Programs

September 12, 2019 Home Page Comments Off on Opportunity Zones and Small Business Revolving Loan Programs

PUBLIC SERVICE ANNOUNCEMENT

Opportunity Zones and Small Business Revolving Loan Programs

Investors, developers and small business owners need to know about Federal Tax Incentives and Small Business Resources that are available in your area.  The South Central Planning Region has 14 Federally designated Opportunity Zone census tracts that qualify for tax incentives related to Capital Gains.  The incentive will benefit a range of stakeholders and bring investment to low-income communities. Stakeholder meetings are being planned for each of the SCPDC parishes.  The goals encourage Long-Term capital investment in low-income urban and rural communities.  The projected outcome ends with equity and the launch of development projects that may not have otherwise happened.

Stakeholder Meeting Information

To view the Opportunity Zone areas please visit LED’s interactive map.

Contact Person: Cullen Curole 985-655-1051

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Regional Transportation Safety Planner

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