These zones are designated by the governor, in low-income census tracts, allowing for investment to grow that avoids future capital gains taxes. They are a terrific vehicle for investment, as most of Burlington is in an opportunity zone and it’s an incentive to encourage development in areas that need it the most.
Much of Burlington is in a designated Opportunity Zone. Contact Jeremy Hess, Director of Economic Development to learn more about OZ Funds and current projects.
