Friday, 17 January 2020

Opportunity Zone investigation won’t derail developer investment, experts say

 The Treasury Department’s investigation into the Opportunity Zones program will weed out the bad apples but won’t derail the federal tax incentive initiative, investors and developers say. Instead, the probe could provide a way for companies with Opportunity Zone funds to promote the social impact of their investments, and could push to strengthen reporting requirements on those investments. “The more that’s cleaned up the better the program is going to do in the long term,” said



source https://therealdeal.com/2020/01/17/opportunity-zone-investigation-wont-derail-developer-investment-experts-say/

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