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On April 17th the Department of Treasury released a second set of proposed regulations for the Opportunity Zone legislation (the first set of regulations was released in October, 2018) which is intended to encourage economic growth and investment in (More)
New Jersey Future (“NJF”) announced the winners of its 2019 Smart Growth Awards earlier this week according to Joshua Burd of Real Estate New Jersey. Founded in 1987, New Jersey Future is a nonprofit, nonpartisan organization that promotes sen (More)
Earlier this week, DC Mayor Muriel Bowser announced 3 new initiatives intended to maximize opportunity zones (OZ) benefits in the nation’s capital. The city committed $24 million to properties that support affordable housing, workforce developme (More)
Continued high interest and activity on the Opportunity Zone fronts on many levels this past week. Conversations, closings and connections continue at a torrid pace - including a packed IMN conference in NYC this past week with many of the national (More)
P-3s and Opportunity Zones – An Update on a Few Fronts – Brad A. Molotsky, Esquire Infrastructure and P-3s - The Move America Act of 2019 (H.R. 1508) was re-introduced again yesterday by Reps. Jackie Walorski, R-Ind. and Earl Blumenauer, D-Ore (More)
Governor Jared Polis announced the formation of a dedicated office within the Office of Economic Development and International Trade (OEDIT) to cultivate active investment in Colorado’s 126 federally designated Opportunity Zones. “Colorado has (More)
Brad A. Molotsky wrote: New York State of Mind - What Gives?
While I am sure there is some logical explanation, I am a bit puzzled at the moment having just read a blurb from Novogradac regarding a tax bill in New York State - According to the report, New York State Sens. Michael Gianaris and Jessica Ramos (More)
On October 19, the U.S. Treasury Department issued proposed regulations for the federal Opportunity Zone tax incentive program created under the 2017 Tax Cuts and Job Act. These regulations were highly anticipated by the real estate development an (More)
A bill in the Nebraska Legislature would give priority to federal opportunity zones (OZs) in the allocation of state Affordable Housing Trust Fund and other state programs. As crafted, LB 87 would add OZs to already existing statewide enterprise z (More)
On October 19, the U.S. Treasury Department issued the much-anticipated proposed regulations for the federal Opportunity Zone (OZ) tax incentive program created under the 2017 Tax Cuts and Job Act, as well as related Revenue Ruling 2018-29. The g (More)