Husted Unveils New Ohio Opportunity Zone Tools

Lt. Governor Jon Husted recently unveiled a new Ohio Opportunity Zone website with tools for businesses and investors. The site notes that the 2017 federal tax law included the Opportunity Zone program, giving “states the chance to examine census tracts and nominate low-income areas with potential for long-term investment to be targeted for a tax-incentive program. … After being designated by the U.S. Department of Treasury, Ohio’s 320 Opportunity Zones began generating attention from investors interested in taking advantage of their favorable tax benefits.”

There are opportunity zones in 73 of Ohio’s 88 counties. 5/6/2019