Opportunity Zones

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Multiple properties sold in Butte’s Opportunity Zone – Babcock building in downtown Billings goes up for sale

All of the properties are within Butte’s Opportunity Zone, an area that comes with capital gains tax benefits, thanks to federal recognition and designation in 2019.

“We’re In This Together” Update MEDA Fall Conference and Candidate Forum Agenda – 10/13-15 – Online – Register Now!

The agenda has some interactive segments – look it over and be prepared to share.  Thank you!

Big Sky Economic Development finalizes plans for Billings business incubator – Rock 31 Entrepreneur Program

After receiving a $2 million grant from the U.S. Economic Development Administration in 2019, Big Sky Economic Development is finalizing its plans to renovate the Montana National Bank building at 201 N. Broadway to house the organization’s entrepreneurial business incubator, the Rock 31 Entrepreneur Program.

Montana Next Generation of Community and Economic Development Tools Report Released; Your Input and Recommendations Requested by July 27th

To help us prioritize our next steps, I am asking you to complete our brief survey at https://www.surveymonkey.com/r/NextGenComments   so we can hear from you – what topics and themes interest you. 

The Biggest Problem With Opportunity Zones

The incentive program promised to help underserved communities. Instead, its tax breaks have disproportionately benefited wealthy investors, a new study finds.

Popularity of Opportunity Zone Program Grows During the Pandemic

Over the past month, opportunity zone investors have been some of the most active players in the real estate market, closing deals and starting new projects as most traditional sources of capital stay on the sidelines.

An Overlooked Resource for Rebuilding Local Economies: Angels

Locally focused investors support the innovative entrepreneurial ecosystems that will produce high-paying jobs in the post-pandemic world. Public officials can learn a lot from their angel investors.

Why Can’t We Build Infrastructure Cheaply, Quickly and Well?

We have a loose consensus in America on factors that drive costs and time up and quality down. What we don’t have is consensus on how to get those factors under control.

SBA Regional Administrator Co-Leads Opportunity Zone Panel

“The SBA has been charged with supporting small businesses in undercapitalized communities, and I’m especially encouraged by this President’s efforts to steer more private sector investment into more than 8,700 of those communities through Opportunity Zones,” Nordberg said.

Missoula Economic Partnership explores socially-minded investment funds for West Broadway Opportunity Zone redevelopment

While MEP works to gather community feedback at home on what type of projects would be valued in the West Broadway corridor, it also has taken to the road in recent months to explore how other communities are putting their opportunity zones to work.

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