Cambridge Savings Bank Helps Bring First MA Opportunity Zone Development to Life
Cambridge Savings Bank has provided financing for the first development in a designated opportunity zone in Massachusetts.
Trump Administration Seeks to Boost Opportunity Zones
The Trump administration on Wednesday proposed new regulations aimed at making it easier for investors to take advantage of tax breaks for investing in Opportunity Zones in low-income areas.
A Complex Recipe for Housing Financing
Unlike in Boston’s red-hot real estate market, the market-rate units in Gateway Cities cannot cross-subsidize affordable units due to relatively low rents.
New Federal Tax Incentive Provides Opportunities to Defer Gains
When President Donald Trump signed into law the Tax Cuts and Jobs Act late last year, it created the most significant changes the U.S. federal income tax laws have seen in over three decades.
Dozens of Communities Apply for ‘Opportunity Zone’ Designations
The Baker administration and municipal officials across Massachusetts expect to hear from the federal government within 30 days about their newly submitted request for approval of 138 zones where new federal tax incentives could be used to spark investment in rural and low-income communities.
Vote Now for B&T’s Best of 2024!
