The RI Opportunity Zones program is a new economic development tool for designated Rhode Island communities to attract private equity investment in businesses and real estate. This federal program provides a tax incentive for private investors to direct capital gains into equity investments in qualified projects within designated Opportunity Zones. The incentive is designed to encourage long-term investment - with certain tax benefits kicking in only after maintaining the investment for at least ten years.
We will welcome RI Secretary of Commerce Stefan Pryor to lead this discussion on Opportunity Zones in Newport and throughout the East Bay.
Thank you to our Economic Update Luncheon Series Sponsor, People's Credit Union.
Tuesday Sep 17, 2019
12:00 PM - 1:30 PM EDT
Tuesday, September 17th 12-1:30pm
Innovate Newport
513 Broadway
Event is on 2nd floor. Elevator available
Free onsite and street parking
$35 Members, $45 Non-Members
Printed courtesy of www.newportchamber.com/ – Contact the Greater Newport Chamber of Commerce for more information.
513 Broadway, Suite 218, Newport, RI 02840 – (401) 847-1608 – info@newportchamber.com