Kentucky continues promotion of opportunity zone investments

The Commonwealth of Kentucky is continuing its push to generate more investments across the state through the use of federally supported Opportunity Zones.

A workshop on Kentucky’s Opportunity Zones will be held on Friday, Feb. 22. The introduction of Opportunity Zones has created a catalyst for additional public-private partnerships to generate new businesses and jobs.

Opportunity Zones were created by Congress to encourage long-term investments in low-income urban and rural communities nationwide, and provide significant tax benefits for private investors while spurring investment, growth and community development. In Kentucky, 144 sites in 84 counties have been designated as Opportunity Zones.

“Kentucky will maximize this golden chance to attract economic development projects to communities most in need across the commonwealth, and the Kentucky Opportunity Zone Initiative will strengthen and rebuild both rural and urban areas,” said Gov. Matt Bevin.

The Kentucky Opportunity Zone Workshop, presented by the Kentucky Cabinet for Economic Development, is recommended for elected officials, community and economic development leaders, existing businesses within Opportunity Zones, and those looking to develop projects in Opportunity Zones. Officials will present the latest information and answer questions.

The free workshop can be attended in person or online at www.thinkkentucky.com/OZ/. Those who wish to attend in person are asked to register online at www.thinkkentucky.com/OZ/.

Kentucky Opportunity Zone Workshop
Friday, Feb. 22, 2019
10 a.m. – 11:30 a.m.

University of Kentucky
Gatton Student Center
Worsham Cinema
160 Avenue of Champions
Lexington, KY 40506

Previous workshops can also be viewed on the website and learn more about OZ zones here.

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