WHAT IS AN OPPORTUNITY ZONE?
Established in 2017 as part of the Federal Tax Cuts and Jobs Act, Opportunity Zones, allowed only in distressed census tracts, offer preferential tax treatment.
Holland Opportunity Zones
Each year, Lakeshore Advantage submits census tracts for consideration. Only 25 percent of the distressed tracts in the state receive this designation. Our region received two Opportunity Zone designations in the city of Holland.
Lakeshore Advantage offers numerous resources for businesses wishing to establish themselves in an Opportunity Zone.
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Investing in Holland (Brochure)
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Michigan Opportunity Zones (Website)
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MEDA Blog (Article)
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What to Know About Opportunity Zones (Article)
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Frequently Asked Questions - MHSDA (Article)
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Frequently Asked Questions - IRS (Article)
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Qualified Opportunity Zone Fund Investments (Website)
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MSHDA Information (Resource Hub)
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Opportunity Zones - Michigan (Maps)
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Opportunity Zones - U.S. (Interactive Map)