LinkLinks Washington Post: New apartments in Brentwood are being financed through opportunity zone fund By Editor On Jul 10, 2019 Last updated Jul 10, 2019 33 Share A new 108-unit apartment building at 1400 Montana Ave. NE is among the District’s first projects under the federal government’s new opportunity zone program, enacted as part of the Tax Cuts and Jobs Act of 2017. Under the program, anyone who invests in a designated “opportunity zone” — typically economically distressed neighborhoods — can receive tax incentives. Mayor Muriel E. Bowser (D) designated 25 locations in the District as opportunity zones, including the Brentwood neighborhood in Northeast. 33 Share FacebookTwitterReddItWhatsAppEmailPrint
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