The federal government recently made some changes to Opportunity Zone rules, including extended deadlines, in response to COVID-19. More Info
Opportunity Zones in Cass and Clay Counties
Established by Congress in the 2017 Tax Cuts and Jobs Act, Opportunity Zones encourage long-term, private investments into low income urban and rural communities across the country. The Fargo, ND-Minn MSA has six designated Opportunity Zones, one on the Minnesota side and five in North Dakota.
To learn more about the overall Opportunity Zone initiative, take a look at the IRS’s website for a set of FAQ’s
Interactive Map of Opportunity Zones
You can take a look at the 8,700 qualifying zones across the nation thanks to an interactive map created by The Economic Innovation Group.
Or check out the specific Opportunity Zones in our region: