City Provides $50,000 in funding to the Missoula Economic Partnership (MEP) to develop investment in the Missoula Opportunity Zone.

The board also unanimously approved providing $50,000 in funding to the Missoula Economic Partnership (MEP) to develop a “proactive” package of potential projects and tools to attract new investment in the Missoula Opportunity Zone. The Opportunity Zone was created by the 2017 Investing in Opportunity Act, and developers and investors can realize significant capital gains tax breaks by investing in development in the area.

DAVID ERICKSON [email protected]