Partner Drew Kervick, along with other experts on the subject, presented to municipal and community representatives from Opportunity Zones around Vermont on June 27th in Barre in a seminar designed to advance the utilization of opportunity zones in the State.
The Agency of Commerce and Community Development, partnered with the Vermont Community Foundation and The Governance Project, a national nonprofit supporting community-focused Opportunity Zone implementation, to put on the workshop. The workshop focused on providing community leaders with the necessary information to better understand the program, how it has evolved, and what a community needs to do to take advantage of it.
Drew has previously presented on this topic at the 2018 Vermont Development Conference, a statewide conference focused on real estate development, and to business leaders in Vergennes. We have also written about the Opportunity Zone incentive on previous occasions. The Opportunity Zone program is aimed at spurring long-term private sector investment in low-income communities and offers significant economic benefits to investors who reinvest capital gains in qualifying businesses and development projects in eligible parts of Vermont.
If you are interested in learning more, or would like to host a discussion about Opportunity Zones, please contact SRH Law or email Drew Kervick.
