The federal Opportunity Zones program was not designed to help people like Phil Denny. But the first time Denny saw the state-issued map of the zones, which crack open a collection of tax breaks for investors who buy property in distressed areas, the prolific West Loop property owner immediately started making phone calls. The 8,700 American Census tracts designated as Opportunity Zones include a quarter-square-mile rectangle on the Near West Side where Peppercorn Capital, Denny’s […]
source https://therealdeal.com/chicago/2018/12/03/heres-where-opportunity-zones-are-bound-to-take-off-in-chicago/#new_tab
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