Opportunity Zones
The Opportunity Zones program encourages long-term investment and job creation in low-income areas of the state, by allowing investors to re-invest unrealized capital gains in designated census tracts. The state of Missouri submitted the 161 Opportunity Zones listed below to the federal government for inclusion in the program.The provision has two main tax incentives to encourage investment:
- Temporary deferral of inclusion in gross income for capital gains that are reinvested into Opportunity Funds.
- Investors can roll existing capital gains into Opportunity Funds with no up-front tax bill.
- If investors hold their Opportunity Fund investments for five years, the basis of their original investment is increased by 10 percent (meaning they will only owe taxes on 90 percent of the rolled-over capital gains.) If investors hold for seven years, the basis increases by a further five percent.
- Investors can defer original tax bill until December 31, 2026, at the latest, or until they sell their Opportunity Zone investments, if earlier.
- Excludes from taxable income capital gains on Opportunity Fund investments held for at least 10 years
- * Zones are subject to approval by U.S. Department of Treasury. A date for final approval has not been set.
Maps of Tracts Accepted by Missouri Department of Economic Development:
Brochures:
- Blue Valley Opportunity Zone
- Central City Opportunity Zone
- Martin City Opportunity Zone
- Paseo Gateway Opportunity Zone
- Swope Park Opportunity Zone
- Interactive Map
Cluster Maps:
- Kansas City, Missouri Clusters
- Central City Cluster
- 353 Cluster
- EEZ Cluster
- LCRA Cluster
- New Market Tax Credits (NMTC) Cluster
- Blue Valley Cluster Focus
- Central City Cluster Focus
- Martin City Cluster Focus
- Paseo Cluster Focus
- Swope Park Cluster Focus
- Green Impact Cluster Focus
- Non-Residential Additions/Alternations
- Non-Residential New Construction
LET'S WORK TOGETHER
ENTER YOUR DETAILS BELOW AND WE WILL GET IN TOUCH
Opportunity Zones
The Opportunity Zones program encourages long-term investment and job creation in low-income areas of the state, by allowing investors to re-invest unrealized capital gains in designated census tracts. The state of Missouri submitted the 161 Opportunity Zones listed below to the federal government for inclusion in the program.The provision has two main tax incentives to encourage investment:
Temporary deferral of inclusion in gross income for capital gains that are reinvested into Opportunity Funds.
Investors can roll existing capital gains into Opportunity Funds with no up-front tax bill.
If investors hold their Opportunity Fund investments for five years, the basis of their original investment is increased by 10 percent (meaning they will only owe taxes on 90 percent of the rolled-over capital gains.) If investors hold for seven years, the basis increases by a further five percent.
Investors can defer original tax bill until December 31, 2026, at the latest, or until they sell their Opportunity Zone investments, if earlier.
Excludes from taxable income capital gains on Opportunity Fund investments held for at least 10 years
* Zones are subject to approval by U.S. Department of Treasury. A date for final approval has not been set.
Maps of Tracts Accepted by Missouri Department of Economic Development:
Brochures:
Blue Valley Opportunity Zone
Central City Opportunity Zone
Martin City Opportunity Zone
Paseo Gateway Opportunity Zone
Swope Park Opportunity Zone
Interactive Map
Cluster Maps:
Kansas City, Missouri Clusters
Central City Cluster
353 Cluster
EEZ Cluster
LCRA Cluster
New Market Tax Credits (NMTC) Cluster
Blue Valley Cluster Focus
Central City Cluster Focus
Martin City Cluster Focus
Paseo Cluster Focus
Swope Park Cluster Focus
Green Impact Cluster Focus
Non-Residential Additions/Alternations
Non-Residential New Construction
Upcoming Events
Wed
26
LCRA Board Meeting
August 26 @ 9:30 am – 12:00 pm
Kansas City
MO
64105
View More…
[{“@context”:”http://schema.org”,”@type”:”Event”,”name”:”LCRA Board Meeting”,”description”:”<p>300 Wyandotte, Kansas City, Missouri, 64105 EDCKC, Suite 400, Jackson Room</p>\\n”,”url”:”https://edckc.com/event/lcra-board-meeting-11-2020-05-27/2020-08-26/”,”startDate”:”2020-08-26T09:30:00-05:00″,”endDate”:”2020-08-26T12:00:00-05:00″,”location”:{“@type”:”Place”,”name”:”EDC, 300 Wyandotte Street, 2nd Floor Conf. Rm, Kansas City, MO 64105″,”description”:””,”url”:”https://edckc.com/venue/edc-300-wyandotte-street-suite-400-kansas-city-mo-64105/”,”address”:{“@type”:”PostalAddress”,”streetAddress”:”300 Wyandotte, Suite 400″,”addressLocality”:”Kansas City”,”addressRegion”:”MO”,”postalCode”:”64105″,”addressCountry”:”United States”},”geo”:{“@type”:”GeoCoordinates”,”latitude”:39.109017199999997,”longitude”:-94.586062200000001},”telephone”:”816.221.0636″,”sameAs”:”www.edckc.com”},”performer”:”Organization”}] .rpwe-block ul{list-style: none !important;
margin-left: 0 !important;
padding-left: 0 !important;
}
.rpwe-block li{
border-bottom: 1px solid #eee;
margin-bottom: 0px;
padding-bottom: 10px;
list-style-type: none;
margin-top: 20px;
}
.rpwe-block a{
display: inline !important;
text-decoration: none;
}
.rpwe-block h3{
background: none !important;
clear: none;
margin-bottom: 0 !important;
margin-top: 0 !important;
font-weight: 600;
font-size: 18px !important;
line-height: 1.5em;
}
.rpwe-thumb{
border: 1px solid #eee !important;
box-shadow: none !important;
margin: 2px 10px 20px 0;
padding: 3px !important;
}
.rpwe-summary{
font-size: 12px;
}
.rpwe-time{
color: #bbb;
font-size: 11px;
}
.rpwe-comment{
color: #bbb;
font-size: 11px;
padding-left: 5px;
}
.rpwe-alignleft{
display: inline;
float: left;
}
.rpwe-alignright{
display: inline;
float: right;
}
.rpwe-aligncenter{
display: block;
margin-left: auto;
margin-right: auto;
}
.rpwe-clearfix:before,
.rpwe-clearfix:after{
content: “”;
display: table !important;
}
.rpwe-clearfix:after{
clear: both;
}
.rpwe-clearfix{
zoom: 1;
}
Recent News18th and Vine Office Open House Attracts Solid Crowd, Local News InterestMarch 1, 2020The Economic Development Corporation of Kansas City, Missouri Leads Effort to Create Marlborough Community Coalition Urban Renewal AreaFebruary 12, 2020EDCKC and Opportunity Hub Announce the First Five Winners of the KC.UP Minority Accelerator at 3rd Fridays Entrepreneurship SeriesJanuary 24, 2020 READ MORE
LET’S WORK TOGETHER
ENTER YOUR DETAILS BELOW AND WE WILL GET IN TOUCH
body #gform_wrapper_2 .gform_heading .gform_title {color:#ffffff;}body #gform_wrapper_2 .gform_footer .gform_button {border-style: solid;font-size:16px;border-radius:0px;-web-border-radius:0px;-moz-border-radius:0px;border-width: 0px;}body #gform_wrapper_2 .gform_page_footer .gform_button{border-style: solid;font-size:16px;border-radius:0px;-web-border-radius:0px;-moz-border-radius:0px;border-width: 0px;}body #gform_wrapper_2 .gform_page_footer .gform_button:hover {border-style: solid;}body #gform_wrapper_2 .gform_footer .gform_button:hover {border-style: solid;}body #gform_wrapper_2 .gform_footer button.mdc-button {font-size:16px;border-radius:0px;-web-border-radius:0px;-moz-border-radius:0px;border-width: 0px;}body #gform_wrapper_2 .gform_footer button.mdc-button:hover {}body #gform_wrapper_2 .gform_footer {text-align:left;}body #gform_wrapper_2 .gform_body .gform_fields .gfield .gfield_label {display:none ;}body #gform_wrapper_2 .gform_body .gform_page_footer .gform_next_button {border-style: solid;font-size: 16px;}body #gform_wrapper_2 .gform_body .gform_page_footer .gform_next_button:hover {}body #gform_wrapper_2 .gform_body .gform_page_footer .gform_previous_button {font-size: 16px;}body #gform_wrapper_2 .gform_body .gform_page_footer .gform_previous_button:hover {}body #gform_wrapper_2 .gform_body .gform_page_footer .gform_button {font-size: 16px;}body #gform_wrapper_2 .gform_body .gform_page_footer .gform_button:hover {}body #gform_wrapper_2 .gform_body .gform_fields .gfield .ginput_complex .ginput_full label,body #gform_wrapper_2 .gform_body .gform_fields .gfield .ginput_complex .ginput_right label,body #gform_wrapper_2 .gform_body .gform_fields .gfield .ginput_complex .ginput_left label,body #gform_wrapper_2 .gform_body .gform_fields .gfield .name_first label,body #gform_wrapper_2 .gform_body .gform_fields .gfield .name_last label,body #gform_wrapper_2 .gform_body .gform_fields .gfield .address_line_1 label,body #gform_wrapper_2 .gform_body .gform_fields .gfield .address_line_2 label,body #gform_wrapper_2 .gform_body .gform_fields .gfield .address_city label,body #gform_wrapper_2 .gform_body .gform_fields .gfield .address_state label,body #gform_wrapper_2 .gform_body .gform_fields .gfield .address_zip label,body #gform_wrapper_2 .gform_body .gform_fields .gfield .address_country label,body #gform_wrapper_2 .gform_body .gform_fields .gfield .gfield_time_hour label,body #gform_wrapper_2 .gform_body .gform_fields .gfield .gfield_time_minute label,body #gform_wrapper_2 .gform_body .gform_fields .gfield .gfield_date_month label,body #gform_wrapper_2 .gform_body .gform_fields .gfield .gfield_date_day label,body #gform_wrapper_2 .gform_body .gform_fields .gfield .gfield_date_year label {visibility: hidden ;}/* Styling for Tablets */@media only screen and ( max-width: 800px ) and ( min-width:481px ) {}/* Styling for phones */@media only screen and ( max-width: 480px ) {}/*Option to add custom CSS */.gform_wrapper form.gf_simple_horizontal div.gform_body {width: 100% !important;max-width: 100% !important;
}
First name*
First name
EmailThis field is for validation purposes and should be left unchanged.
jQuery(document).bind(‘gform_post_render’, function(event, formId, currentPage){if(formId == 2) {if(typeof Placeholders != ‘undefined’){
Placeholders.enable();
}} } );jQuery(document).bind(‘gform_post_conditional_logic’, function(event, formId, fields, isInit){} ); jQuery(document).ready(function(){jQuery(document).trigger(‘gform_post_render’, [2, 1]) } );