Governor Colyer announces communities to be designated as Opportunity Zones
Thursday, May 10, 2018
TOPEKA – Kansas Governor Jeff Colyer, M.D. and officials from state government agencies have completed a review of Letters of Interest submitted from communities across the state to be considered for designation as Opportunity Zones.
Opportunity Zones are a new economic development tool enacted by the Tax Cuts and Jobs Act of 2017 designed to encourage long-term investments in low-income urban and rural communities. Based upon the number of low-income communities identified by the Federal Census, the Governor may nominate up to 74 census tracts in Kansas for designation as Opportunity Zones.