Des Moines Partnership develops prospectus for Opportunity Zones
BPC Staff Jul 11, 2019 | 2:37 pm
<1 min read time
91 wordsAll Latest News, Economic Development, Real Estate and DevelopmentThe Greater Des Moines Partnership has developed a prospectus to share information on seven Opportunity Zones in metro area. The Opportunity Zone program is touted as having the potential to create jobs and spark economic development by encouraging long-term investment in low-income areas. For investors, the program is a way to reduce, defer, and in some instances eliminate tax payments on capital gains from unrelated investments. Iowa has 62 Opportunity Zones, seven of which are in the Des Moines area. To learn about the Des Moines-area opportunity zones, click here.