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October 17, 2018, 11:00 AM - 1:00 PM
Join us on October 17 from 11am-1pm at Morgridge Commons to learn more about Glenwood Springs' two designated Opportunity Zones.
Four Points Funding will present information about Opportunity Zones and explain their approach to establishing an Opportunity Fund. The remainder of the time will be set aside for a Q and A.
Two Census Tracts in Glenwood Springs have been designated as Opportunity Zones, which incentives for investors to support distressed communities through private equity investments in businesses and real estate ventures.
Part of the 2017 Tax Cuts and Jobs Act, the program offers a temporary deferral, reduction and potential elimination of certain federal capital gains when they are invested into long-term investments within the Opportunity Zones areas through an Opportunity Fund.