An update on Opportunity Zones and Opportunity Funds

The first deadline for designation of Opportunity Zones and Opportunity Funds have passed and the U.S. Department of Treasury has begun evaluating and officially designating Opportunity Zones.  You may check out the status of Opportunity Zone designations on an interactive map located online.  You will need to zoom in to the area of interest and click on the layers button in the menu (the icon looks like a stack of papers) and be sure that the box for “Opportunity Zone Tract Designated” is clicked.

For more information on Opportunity Zone and Opportunity Funds, click on the link below:

Opportunity Zones and Opportunity Funds – Another Economic Tool for Your Community?

 

About Daryl Phillips, CEcD

I am a professional economic developer. I presently work for communities and companies in developing and implementing workforce and economic development solutions as CEO of Phillips Economic Development Solutions (Phi EDS). Prior to September 2017, I was the economic development professional who served a community team of elected officials, business people, community leaders and dedicated stakeholders for economic development in Cheatham County, Tennessee (pop. 39,880) and its four towns. During my five-year tenure, I served the team as Cheatham County grew over 1,700 jobs, turned around population declines at the start of this decade into healthy population growth, increased tourism expenditures 20.3% and local tax revenue from tourism 25.4%, grew sales tax revenue 36%, focused on developing the local workforce and was recognized by SmartAsset as having the 9th highest Incoming Investment Index of all the 95 counties in Tennessee. I am a member of International Economic Development Council, Southern Economic Development Council, Tennessee Economic Development Council and International Council of Shopping Centers. I have earned the designation of Certified Economic Developer (CEcD) from International Economic Development Council (IEDC), the Economic Development Finance Professional (EDFP) certification from National Development Council and hold a Master of Business Administration from Tennessee Technological University.
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