Redwood County site is an Opportunity Zone
Friday, August 10, 2018
Gov. Mark Dayton recently recommended to the U.S. Department of Treasury 128 low-income census tracts in Minnesota to be designated as Opportunity Zones.
Among them is a parcel of land located in Redwood County.
Opportunity zones are a new economic and community development program established by Congress in the Tax Cut and Jobs Act of 2017 to encourage long-term economic development and housing investments in low-income communities nationwide.
“Expanding access to good jobs and better opportunities has been a top priority for my administration,” said Dayton.