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Opportunity zones: What you need to know
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 Export to Your Calendar 12/11/2019
When: Wednesday, December 11, 2019
Where: Map this event »
CBA 4th floor board room
140 East 19th avenue
80203
Colorado
United States
Contact: Mike Bintner


Online registration is available until: 12/11/2019
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Opportunity zones: What you need to know

December 11, 2019 - 9 a.m. to 10 a.m.

 

The newly enacted federal Opportunity Zone (OZ) is a federal tax incentive for investors to invest in low-income urban and rural communities through the favorable treatment of reinvested capital gains and forgiveness of tax on new capital gains.

 

Opportunity Zones were enacted as part of the 2017 tax reform package (Tax Cuts and Jobs Act) to address uneven economic recovery and persistent lack of growth that have left many communities across the country behind. This economic and community development tax incentive program provides a new impetus for private investors to support distressed communities through private equity investments in businesses and real estate ventures. The incentive is deferral, reduction and potential elimination of certain federal capital gains taxes.

 

Join us Dec. 11 for an overview of Opportunity Zones, focusing on how they can benefit your bank and your customers.

 

Presenters include:

 

1. Dan Nordberg-Regional Administrator, U.S. Small Business Administration

2. Evelyn Lim-Regional Administrator, U.S. Department of Housing and Urban Development

3. Sallie Clark-Colorado State Director, U.S. Department of Agriculture Rural Development

4. Gina Vincent-Community Affairs Specialist, Federal Deposit Insurance Corporation

 

This event will be held at CBA:

140 E. 19th Ave. Suite 400

Denver, CO 80202

 

Call-in attendance is available. Please indicate your choice to attend in person or via telephone when registering

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