Opportunity Zones

By Sanjay Talwani

A bill introduced in the Colorado General Assembly would allow a tax credit for contributions to nonprofit projects promoting housing and services for people and families experiencing homelessness, repealing a credit for contributions toward such projects in enterprise zones.

By Joshua Rosenberg

Senate Finance Committee Chairman Ron Wyden, D-Ore., said Thursday that he has opened an investigation into potential misuse of the opportunity zone program and has sent letters to seven companies seeking information on their investments in the program.

By Stephen Cooper

The federal opportunity zone program needs stronger oversight and better targeting so that poor communities get a bigger slice of investments, lawmakers and panelists said Tuesday at a House Ways and Means Oversight Subcommittee hearing.

By Stephen Cooper

The principal author of the opportunity zone program has warned that Democrats' bid to boost capital gains tax rates next year could scare away investments, but the program's tax benefits could prove to be enticing enough to lure investors anyway.

By Andrew McIntyre

Truist has been revealed as the bank behind a construction loan to developer Prime West that's part of a larger $90.4 million injection of cash for a multifamily project in the Denver area, Law360 exclusively learned on Monday.

By Emlyn Cameron

The House Ways and Means Oversight Subcommittee will hold a hearing on the opportunity zone program next week, the subcommittee's chair said Tuesday.