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EDCMC Releases 2019 Opportunity Zone Prospectus
Michigan City, IN
08/08/2019 11:10 AM

With funding from the Michigan City Redevelopment Commission, Economic Development Corporation Michigan City, Indiana (EDCMC) prepared and released Michigan City Opportunity Zone Prospectus, a replicable product utilized to enable cities, counties and states to communicate their competitive advantages, trigger local partnerships and identify sound projects that are ready for the public, private and civic capital.

Opportunity Zones, introduced in the Tax Reform and Jobs Act of 2018, seek to encourage economic growth and investment in designated distressed communities by providing Federal income tax benefits to taxpayers who invest in business located within these zones.

EDCMC Executive Director Clarence Hulse said, “Michigan City has many great assets. The Opportunity Zone Prospectus invites potential investors and developers with the chance to see the wonderful characteristics that our city possesses, currently and prospectively.” For more details on the Michigan City Opportunity Zone Prospectus, CLICK HERE.

The Opportunity Zone Prospectus highlights the placemaking goal from Michigan City’s 2019-2023 Strategic Action Plan- An Agenda for Economic Prosperity through showcasing Michigan City’s progress and amenities that creates the kind of community where one can prosper socially, financially and personally.

Reference
Clarence Hulse
(219) 873-1211
 
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