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As a result, flood zone designations can be very contentious.
The IRS would also permit investors to continue to claim tax benefits from the program until 2048, even though the TCJA sunsets the Opportunity Zone designations in 2028.
"The town of Naturita literally does not have sidewalks". The towns are hoping their zone designations will lead to improving sidewalks and renovating buildings.
"When I heard of this it reminded me immediately of 1995 and Chicago winning the Empowerment Zone designations, 100 million dollars and that was supposed to help remedy the unemployment.
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Vermont, for example, also asked the Treasury Department to choose a different county for the Opportunity Zone designation but was rebuffed.
Simultaneously, Mr. Ryan was pursuing state aid for his own company, applying for an enterprise zone designation for his business.
Credit Suisse's tower, located a little further south at 11 Madison Avenue, also carries a "no zone" designation.
A complete M.G.R.S. coördinate consists of the zone designation, the square designation, and a pair of numbers, called eastings and northings.
He seemed to suggest that people would use money they have stored in cryptocurrencies — such as bitcoin — to invest in Storey County under the Opportunity Zone designation.
On April 20, Sandoval nominated 61 Nevada census tracts for the Opportunity Zone designation, but he and Heller pressed Treasury to change their guidelines in a way that would let Storey qualify.
And here's the big lesson from Hurricane Harvey: The U.S. government's flood zone designation, and the maps based on it, may not predict future flood risks accurately, particularly as climate change alters sea levels and weather patterns.
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