Opportunity Zones

Coons seeks rule changes that he believes would spur investment in Opportunity Zones

U.S. Sens. Chris Coons, D-DE, a member of the Senate Small Business and Entrepreneurship Committee, and Michael Bennet (D-Colo.), a member of the Senate Finance Committee, sent a letter urging Secretary of the Treasury, Steven Mnuchin, to “protect the original intent of the Opportunity Zone policy, namely to harness capital and generate investment, new business,

Government Shutdown Stymies Opportunity-Zone Investors

The government shutdown is putting the brakes on scores of real-estate investors and developers who have been raising hundreds of millions of dollars to take advantage of what could be one of the most attractive tax breaks in years. Businesses had been hoping to move quickly this year to take advantage of the lucrative opportunity-zone