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Georgia nominated a disproportionately high number of rural census tracts as opportunity zones 40 percent of their opportunity zones are in rural areas given that 79 percent of their statewide census tracts are urban.
Georgia department of community affairs opportunity zone. The cities of adel douglas eatonton forsyth rossville villa rica and washington have been designated as rural zones by the georgia department of community affairs dca and were recognized at the agencys annual fall conference in october. Areas designated as opportunity zones will be able to reap the benefits of new capital investment to help redevelop underserved communities. The credit is available for areas designated by dca as an state opportunity zone.
Opportunity zone tax credit incentives. Bids must be received on or before the date and time specified. Click on the links to view specific project information on respective pages and documents for download.
The credit is available for areas designated by the georgia department of community affairs as an opportunity zone. Dca will consider designations for areas that are within or adjacent to a census block group with 15 or greater poverty where an enterprise zone or urban redevelopment plan exists. State opportunity zone tax credit incentives.
The 2017 legislative session marked the creation of the rural zones program. Georgia did not designate any eligible non low income contiguous tracts as opportunity zones. A federal opportunity zone is an economically distressed community where new investments.
2020 marietta opportunity zones. Christopher nunn was appointed commissioner of the georgia department of community affairs dca in 2017. Dca will consider designations for areas that are within or adjacent to a census block group with 15 percent or greater poverty where an enterprise zone or urban redevelopment plan exists.
Developed by the maryland department of housing and community development to facilitate opportunity zone investment the maryland opportunity zone information exchange is the first interactive resource of. Department of the treasury and the internal revenue service irs have now designated more than 8700 federal opportunity zones in 50 states the district of columbia and five us. This page lists many of our current bid opportunities with the department of community health dch.
He leads the states community development efforts to support local leaders in their efforts to build strong vibrant communities. Territories including 260 census tracts in the state of georgia.
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