The U.S. Treasury Department through the CDFI Fund has awarded more than $3.5 billion in tax credit allocation to Community Development Entities. The awards are part of the New Markets Tax Credit program and will facilitate...more
Investors, property owners, real estate developers, and other businesses now have much clearer guidelines for how they can obtain tax benefits under the federal Opportunity Zone program. The IRS published the long-awaited...more
5/2/2019
/ Capital Gains ,
Internal Revenue Code (IRC) ,
Investment Funds ,
IRS ,
Opportunity Zones ,
Proposed Regulation ,
Qualified Opportunity Funds ,
Real Estate Development ,
Real Estate Investments ,
Tax Cuts and Jobs Act ,
Tax Deferral
The annual application period has opened for businesses and other organizations that want to invest in distressed communities with the help of federal tax credits.
This week, the Community Development Financial...more
Much ink has been devoted in recent years to the widening income gap in our country, but as we noted in our January blog, “Rural Development Council Works to Keep Georgia On Your Mind,” geographic disparities since the Great...more