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How did a 2017 tax reform law enable EDDC projects in downtown Erie?

By Yahoo! Finance   |   Jun 16, 2024 at 05:50 AM EST
How did a 2017 tax reform law enable EDDC projects in downtown Erie?

The Opportunity Zones legislation, part of the 2017 Tax Cuts and Jobs Act, has successfully revitalized communities by encouraging private investment. Erie, Pennsylvania, serves as a model with over $500 million invested in its downtown.

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