Tag: Opportunity Zones

Most Of Maywood Now Designated A Federal Opportunity Zone

Wednesday, May 23, 2018 || By Michael Romain || @maywoodnews 

Featured image: A map of the part of Maywood designated an Opportunity Zone. | Illinois DCEO 

Most of Maywood is now a federally designated Opportunity Zone, which makes new investment created in the area eligible for preferential capital gains tax treatment.

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Welch Urges Gov. To Nominate Maywood As Economic Opportunity Zone

Tuesday, March 13, 2018 || By Michael Romain || @maywoodnews 

An area lawmaker is requesting that Gov. Bruce Rauner consider Maywood for a new federal tax incentive that its proponents say could lure jobs and economic development to distressed communities.

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