Capital Gains Investments

Recently Released Willmar Opportunity Zone Prospectus Promotes Local Investment Potential

January 23, 2020

Recently Released Willmar Opportunity Zone Prospectus Promotes Local Investment Potential
Today, Aaron Backman, Executive Director of the Kandiyohi County and City of Willmar Economic Development Commission, announced the release of the Willmar Opportunity Zone Prospectus. The prospectus highlights the designated census tract in Willmar to potential opportunity zone investors and developers. Opportunity Zones are low-income census tracks designated by governors and certified by the U.S. Department of the Treasury offering investors a tax-free investment vehicle that creates additional

Willmar Opportunity Zone for Investors

December 19, 2019

Willmar Opportunity Zone for Investors
Governor Mark Dayton qualified one area of Willmar, out of the 128 census tracts throughout the state, to be qualified as an Opportunity Zone. An Opportunity Zone designation provides potential investors with tax breaks while funding development or redevelopment of the neighborhood. The Kandiyohi County and City of Willmar Economic Development Commission contracted with Golden Shovel Agency to attract investors. The ultimate goal is to develop or redevelop areas within the designated tract through