In December 2017, the Tax Cuts and Jobs Act of 2017 was adopted. This Act includes the establishment of an Opportunity Zones Program to provide tax incentives, including a temporary deferral on capital gains taxes, when investors reinvest those gains in qualified opportunity funds. The funds must be invested in low-income communities from designated census tracts in the Opportunity Zone.
Attached is a map showing the approved Opportunity Zones within the City of Lauderdale Lakes. To schedule a meeting with our Opportunity Zones Coordinators, please contact the Economic Development Division at 954-535-2492.
For more information on the Opportunity Zones, click hear to view the Opportunity Zones Presentation.
For more information on the designated Opportunity Zones, click hear to view the Opportunity Zones Map.