Enacted as part of the 2017 tax reform package (Tax Cuts and Jobs Act), Opportunity Zones address uneven economic recovery and persistent lack of growth that have left many communities behind. The purpose of the Opportunity Zone program is to encourage private capital investment in low-income communities.
Westminster has three opportunity zones: Downtown Westminster, Historic Westminster, and Westminster Station TOD.
According to the Office of Economic Development and International Trade, Opportunity Zones in Colorado may help address a number of challenges:
Economic Development Department
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