A controversial 2017 provision of a signature Trump administration law allowing people to shelter capital gains from taxes in ...

Cuyahoga County has work to do to make housing in its 59 communities affordable and more appropriate for its aging homes and ...

The GOP tax bill created OZ 2.0, but it doesn't launch until 2027, leaving an 18-month gap that could slow investment in ...

A new study released in JAMA finds life expectancy has still not bounced back from pre-pandemic 2019 levels, attributing the ...

The legislation would also narrow the definition of "low-income community" to Census tracts with a poverty rate of at least ... the program would also mean a 20% reduction in the current OZ map, ...

The agencies leveraged an updated methodology to designate underserved middle-income census tracts for this list, based upon revised source information from various agencies.

Jones said the poverty rate hovers just under 20% city-wide and nearly half of Springfield residents live in low-to-moderate income census tracts.

This act would have also ramped up reporting requirements to track the long-term impact of the program and struck non-low-income census tracts from the program’s list, instead allowing states to ...

It allows each state to designate up to 25 percent of its lowest income Census tracts as Opportunity Zones, investment in which could result in tax breaks for builders or entrepreneurs.

Georgia homeowners who lived in low-income census tracts or met the requirements calculated by combining their income — making less than 80% of the median county income —and the size of their ...

Exempt tracts must be contiguous with low-income community census tracts that are designated as Opportunity Zones, and the median family income of the exempt tract must not exceed 125 percent of ...

The program provides direct robust financial and technical assistance to municipalities to revitalize designated areas that fall fully or partially in low- and moderate-income census tracts.