Butte County recommends three rural census tracts for Opportunity Zones 2.0 nominations
Staff recommended, and the board approved, three likely eligible rural census tracts (Tracts 19, 23 and 2402) for nomination to the state's Opportunity Zones 2.0 program; supervisors discussed overlap with city nominations and the option to prioritize tracts for the state.
The full story
Deputy CAO Katie Simmons and Development Services Director Danilek briefed the board on Opportunity Zones 2.0, a renewed federal tax incentive program now made permanent at the state level. Simmons explained eligibility criteria, the state's timeline and that local recommendations are due July 25.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in