News

Opportunity Zones designed to drive long-term capital to low-income communities

June 26th, 2018

The federal government has approved several Opportunity Zones, a new community development tool, in Shelby County. A new law established by Congress in the Tax Cuts and Jobs Act of 2017 provides a federal tax incentive for investors to re-invest their capital gains into Opportunity Funds, which are specialized vehicles dedicated to investing in designated low-income ... read more »