Opportunity Zones is a program established by Congress in the 2017 Tax Cuts and Jobs Act that will soon come to qualifying Iowa City and Coralville areas. The program was created to encourage long-term, private investments into low-income urban and rural communities across the nation.
Interested in learning more about investing in opportunity zones in the Iowa City area? Learn about local opportunity zone opportunities here. To learn more about the Opportunity Zones invitiative, check out the IRS’ FAQ about Opportunity Zones.
Interactive Map of Opportunity Zones
The Economic Innovation Group has put together a national map of Opportunity Zones. The interactive map is a great way to view the qualifying zones in our area as well as the 8,700 other qualifying areas across the country.
Information on Opportunity Zones
In late 2018, ICAD, the Iowa City Area Chamber of Commerce, City of Iowa City, and City of Coralville hosted several information session on Opportunity Zones. Below are resources provided from speakers at those events:
- Key Terms and Information about Qualified Opportunity Zones
- Investing in Opportunity Zones
- Window of Opportunity: The IRS Issues Initial Guidance on Qualified Opportunity Zone Rule
- Iowa City City Carton Land Sale and Redevelopment Opportunity — Land Information
Iowa City Area Opportunity Zones Investment Prospectus
Interested in learning more about investing in opportunity zones in the Iowa City area? We’ve put together a guide that highlights the Iowa City area and showcases potential investment opportunities. You can view the guide here. Have questions? Reach out to ICAD’s Mark Nolte or the Iowa City Area Chamber of Commerce’s Jennifer Banta.