opportunity zones · 2018-08-23 · opportunity zones . how were oz’s chosen? than 80 percent of...

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Opportunity Zones

How were OZ’s chosen?

150 Louisiana census tracts in every region of

the state. Eligible census tracts were those

with poverty rates of at least 20 percent, or

those with median family incomes of no more

than 80 percent of statewide or metro area

family income.

New Orleans Metro Area

New Airport

Industrial Investment – Industrial Canal

Industrial Investment – Avondale

Industrial Investment – Chemical Industry

• Investors can continue to take advantage of normal expensing and depreciation

• Investors can take advantage of other tax credits and existing economic development incentives: • PILOT

• NMTC

• RTA

• HTC

• Other Federal / State Grant Programs

Leveraging Opportunity Zone Investments

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