County official outlines Opportunity Zone push, notes local building activity
A county official said Fulton County submitted its two eligible census tracts for Opportunity Zone consideration; the governor’s nomination deadline is Sept. 28 and the Treasury decision is expected by Nov. 28. The official also noted a local building is now occupied and cited potential employer activity.
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Charlie told the council that Fulton County submitted the two census tracts eligible for the next round of Opportunity Zone designation and explained the program's federal benefits. He said the governor may nominate up to 25% of eligible tracts for the next phase, with the county to learn whether the governor nominated the tracts by Sept. 28 and the Department of the Treasury to announce awards by Nov. 28.
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