"Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble."
- Warren Buffett
Opportunity Zones were established by the Tax Cuts and Jobs Act of 2017 with the goal of creating long-term investments in regions of low-income rural and urban. The Opportunity Zones provide tax incentives for investors to re-invest their unrealized capital gains in to funds that are dedicated to investing within the Opportunity Zone.
The Land OF Opportunity
By any number of metrics, Cleveland and Cuyahoga County is an area with formidable momentum. Our progress is rooted in a great and storied history, and has been ignited by recent major investments that have accelerated our growth, provided new opportunities to our citizens, and created a sense of confidence and readiness for what comes next. We have been forged by a vibrant legacy of innovators and makers, grown to prominence as a global healthcare capital, and are looking ahead to the next disruptive technologies like the BlockLand blockchain initiative. This is a community where companies, organizations and individuals thrive, and where a national model for public private partnership has demonstrated the ability – time and again – to tackle major initiatives and move with agility and velocity when we see significant opportunity. There has never been a better time to thrive in “The Land.” Join us as we continue our journey to new heights