A New “Opportunity” for Higher Ed? What Opportunity Zones Are and How Schools Can Benefit
The Opportunity Zones program is an economic development tool enacted as part of the 2017 Tax Cuts and Jobs Act. The goal of the program is to encourage long-term capital investment in economically distressed communities via substantial federal tax breaks (e.g., temporary tax deferral, tax reduction, and tax exemption). These communities, defined as having a …