Peachtree Providence Partners founding member, Walter Davis, recently participated in Nebraska’s first Opportunity Zone Summit, hosted by the Nebraska Business Development Center, Small Business Administration and the Nebraska Department of Economic Development. During the event, Davis discussed the benefits of Opportunity Zones with Tony Goins, Director of Economic Development for the State of Nebraska.
Federal Opportunity Zones are a new community and economic development tool that aims to drive long-term private investment into low-income communities throughout the country. Nebraska is seeking to utilize the program as an important tool to support the development of affordable housing, business development and job creation. The state of Nebraska, through the Nebraska Department of Economic Development, has designated 44 Nebraska census tracts in 18 counties that have officially been designated as Qualified Opportunity Zones as of April 9, 2018.