What Are Opportunity Zones
Page 2

Opportunity Zones provide three benefits with respect to local community and economic development.

  1. They offer an ability to act as a convening agent for a diverse array of stakeholders in thinking about community-level investments.
  2. Opportunity Zones additionally provide a tax incentive for capital gains.
  3. They also provide preferential consideration in federal grants, loans, and technical assistance programs.

Communities have seen all three of these benefits leveraged in a variety of ways to support a multitude of projects, from affordable housing and healthcare to small business development and renewable energy.

For communities to achieve the maximum benefit from the Opportunity Zone program, states and investors must be committed to the original intent of Opportunity Zones and endeavor to support impactful projects that incorporate community input and align with social impact goals.

What Are Opportunity Zones
  Back to Page 1

About The Author

Michael Saunders is an editor of TopGovernmentGrants.com. He edits a site on Community Foundations that highlights the Social Progress Index for Counties around the country and Opportunity Zones within these foundations' areas of coverage.




Additional Government Grants Resources


What is the Difference between Getting a Federal Student Loan and a Private Student Loan?
Student loans can be very tricky, and are very confusing to most. In many situations, families are accepted for all different kind of loans and then are left in the dark when it is time to pay it back or fail to realize that they owe as much due to accrued interest.


Section 8 Housing Choice Voucher Homeownership Program
The Connecticut Housing Finance Agency has been administering the Section 8 Housing Choice Voucher Homeownership Program wherein they intend to offer home loans at reasonable, below-market rates to Section 8 tenants who wish to purchase a home of their own.


National Endowment for the Arts Literature Fellowships in Poetry
The Literature Fellowship program will offer $25,000 grants in poetry to published creative writers that are capable of writing literary pieces, conduct research, travel, and work towards general career advancement activities.


Finding And Applying For Government Grants
According to a U.S. government website, there are $400 billion in grants currently available in over 1000 different programs. Naturally with such a huge amount finding a program that you or your comp...


Medical Tropical Research Laboratory Program Infectious Disease Research Award
AFRIMS has recently announced the WRAIR Medical Tropical Research Laboratory Program(MTRLP) Infectious Disease Research Award(IDRA), a funding opportunity which solicits proposals that aim to tackle basic, preclinical and clinical research of emerging infectious diseases in Thailand and a certain region in Southeast Asia.


Youth Leadership Program: Algeria
The Bureau of Educational and Cultural Affairs has established the Youth Leadership Program with Algeria which allows them to bring in young and adult Algerian students to the United States have them undergo a four-week exchange program.


Community Development Block Grant Program for Indian Tribes and Alaska Native Villages
The Office of the Assistant Secretary for Public and Indian Housing within the Department of Housing and Urban Development, has recently established a funding opportunity entitled Community Development Block Grant Program for Indian Tribes and Alaska Native Villages (ICDBG).






Where is social enterprise really headed in 2015? Heath Shackleford, founder/kick starter of Good.Must.Grow, examines the trends in the production of Fifteen for 15, a list of key trends, impact opportunities and critical challenges in store for the New Year.









More Federal Domestic Assistance Programs


Foreign Investment Financing | Beach Erosion Control Projects | Faculty Loan Repayment Programs | Child and Adult Care Food Program | DOD, NDEP, DOTC-STEM Education Outreach Implementation |  Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy


Edited by: Michael Saunders

© 2004-2022 Copyright Michael Saunders