Opportunity Zone

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The 2017 Tax Cut and Jobs Act created a new program to direct investment into historically disadvantaged communities and neighborhoods known as Opportunity Zones. The program provides tax benefits for holders of capital gains if they invest their returns in new projects in these designated zones. Moorhead has a designated Opportunity Zone covering most of the downtown area all the way down to 7th Ave S. Moorhead is expected to be a center of growth in the region, the opportunity zones provide a chance to join in on this spectacular investment opportunity. In addition to the Opportunity Zone, Moorhead has a multitude of incentive programs to help make investing in the city more affordable for potential investors. Moorhead is expected to be a center of growth in the region. The opportunity zones provide a chance to join in on this amazing investment opportunity.

Opportunity Zone 

Moorhead is looking for developers with big project ideas and investors with unrealized capital gains to connect with or establish Opportunity Funds to create new opportunities in Downtown Moorhead. Call 218.299-5441 or email today economicdevelopment@cityofmoorhead.com