Online Portal Matches Investors With Economic Opportunities In Connecticut
Connecticut now has an online tool to help connect investors to projects in opportunity zones.
David Lehman, the state’s economic development commissioner, says the website provides a searchable database of available projects with updated information provided by cities, towns and property owners.
“To make sure everyone understands where are the zones, how to invest in them. In addition, we have a permanent ombudsman and concierge service in DECD, which is really going to be important, making sure that we are linking up people with projects and capital.”
Opportunity zones were established by the 2017 Trump tax cut law.
Connecticut has 72 such federally designated zones, and individuals receive tax breaks for investing in them.