Blog
Funding, Housing, Partnerships, Policy
Making Opportunity Zones Work for Your Community
An Opportunity Zone is a federally-designated area where investors may be able to defer or eliminate federal capital gains on new investments. The purpose of Opportunity Zones, created by the 2017 Tax Cuts and Jobs Act, is to promote “economic development and job creation in distressed communities” (IRS.gov). To qualify…
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Broadband, Entrepreneurship, Funding, Workforce Development
Funding Available through Appalachian Regional Commission
The Appalachian Regional Commission (ARC), established by an act of Congress in 1965, has funding available to help communities that have been negatively impacted by the coal industry. The POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) Initiative provides grants to communities and organizations located in the 420 counties that make up…