There are four designated Opportunity Zone tracts along the Richmond Highway Corridor listed below. Opportunity Zones provide incentives for property investment in order to encourage economic revitalization and redevelopment in those areas. For an interactive map of opportunity zones within the Commonwealth of Virginia, please click here.
Opportunity Zones explained in a series of posts titled “Opportunity Funds are Knocking”by Vikram Argawal, Shareholder at Bean Kinney Korman PC.
- Part 1: Let them in and Learn How They Can Work for You. Click here to read more.
- Part 2: What Are the Tax Incentives and What Investors Need to Know. Click here to read more.
- Part 3: How the Funds Work. Click here to read more.