Maryland REALTORS®’ CEO, Chuck Kasky, speaks with Director of Strategic Business Initiatives of Maryland’s Department of Community and Housing Development(DCHD), Frank Dickson, about Maryland’s Opportunity Zones, public policy, community investments, tax deferment, and capital gains.
The Opportunity Zone program is a nationwide initiative administered by the U.S. Treasury created under the 2017 Tax Cuts and Jobs Act. The program provides federal tax incentives for investment in distressed communities over the next 10 years. Areas designated as Opportunity Zones will be able to reap the benefits of new capital investment to help redevelop underserved communities.
For more information visit: Maryland Opportunity Zones
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