Our economic development staff can help you with site selection to find suitable locations for your large businesses.
The opportunity zone incentive is a helpful tool for encouraging growth and professional development. The incentive is designed to encourage long-term, private investments in low-income census tracts.
Des Moines County has three opportunity zones, which provide a federal tax incentive for taxpayers who reinvest unrealized capital gains into Opportunity Funds, which are then invested into opportunity zones.
Opportunity Funds are specialized tax vehicles dedicated to low-income areas and aimed at spurring investment and entrepreneurialism. Ultimately, that will result in business creation and economic prosperity in areas called Opportunity Zones.
For more on opportunity funds and zones site selection, educational and economic development opportunities, workforce data and demographics, major employers, and area infrastructure view our resource-rich site at this link.
