Opportunity Zones are new revitalization tools that offer developers and investors tax benefits for investing in underserved areas of our community. You are invited to one of two Investor Sessions where experts in legal, accounting and development explain how the zones work and how you can take advantage of this opportunity. The sessions are being held at 8 a.m. and 5:30 p.m. on July 25 at the Holiday Inn in City Center, 980 Omni Blvd. The sessions are free, but please register online for the session of your choice.
Opportunity Zones are designed to drive long-term capital investment to low-income and distressed areas by offering tax benefits to investors. There are seven Opportunity Zones spread throughout Newport News. Each one capitalizes on established strategic plans, economic drivers and public investment and offers the greatest opportunity for future private investment. To learn more visit www.InvestNewportNewsOppZone.com.
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