Opportunity Zones Offer Attractive Investment Opportunities
May 22, 2018
Neglected neighborhoods throughout Indiana will soon have a new tool to attract investors.
More than 150 census tracts in Indiana — including 5 in Evansville and 1 in Princeton — will be included in a new federal initiative that provides a tax incentive for investing capital gains in low-income areas.
Called “Opportunity Zones,” these areas must have a poverty rate of at least 20 percent or a…