Oppurtunity Zones

Oppurtunity Zones

Capitol Partners participated with clients in a day long knowledge-sharing event about Nevada’s Opportunity Zones. The Tax Cuts and Jobs Act created the much talked about Opportunity Zones, a new investment tool designed to drive long-term equity capital to low-income communities nationwide.

Fifty-One Opportunity Zones were identified and approved by Congress in Nevada, with the selection process being led by the Governor’s Office of Economic Development (GOED), local governments, and other interested parties. Here is a hotlink to view the Opportunity Zones in Nevada by area – http://www.diversifynevada.com/programs/opportunity-zones/

Fernley Mayor Roy Edgington and Fernley City Manager Daphne Hooper both attended the workshop as Fernley has been identified as one of the Opportunity Zones for development.  They both found the day-long workshop to be helpful in understanding the useful tools and contacts for the City to use when working with developers.

For further information please contact Mendy Elliott, Managing Partner of Capitol Partners, at mendy@capitolpartners.us

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