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After years of work, Missoula Economic Partnership finds success in netting opportunity zone investments

Opportunity zone

Several years after the Trump administration created opportunity zones to encourage investment in low-income census tracts across the county, Missoula’s designated zone has attracted its share of projects.

This week, the largest such project made its debut in City Council where a local team announced its plans to develop nine acres off Scott Street into a mix of permanently affordable and market rate housing.

The project, which should close with the sale of property this summer, culminates years of work by the Missoula Economic Partnership and included funding from the Missoula Redevelopment Agency to help push the project forward.

 

By Martin Kidston

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