Federal Opportunity Zones

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Federal legislation that created the 2017 Tax Cuts and Jobs Act resulted in the establishment of five Federal Opportunity Zones within the City of Joliet. 

Private investment in Federal Opportunity Zones provide for certain deferrals in capital gains that may be advantageous for development activity.  An FAQ and IRS Resource Page link provide information on this federal program. See the map below for all Federal Opportunity Zones located in the City of Joliet.

 

 

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