Housing Markets Benefit From Opportunity Zones In Some Areas Of St Louis

Opportunity Zones were created by the 2017 Tax Cuts and Jobs Act that President Donald J. Trump signed into law on December 22, 2017.  Opportunity zones were established to help communities that are economically-distressed and work by promoting private investment and development through the use of tax incentives. There are a total of 8.760 designated Qualified Opportunity Zones in the U.S. and there are 140 Opportunity Zones in Missouri.

Opportunity zones appear to have had a positive impact on the housing market in several opportunity zones in the St Louis area.  According to data just released by ATTOM Date Solutions, 10 of the 19 Opportunity Zones in the St Louis area have seen at least double digit increase in home prices in the past year and two of them triple digit increases!

You can find complete information about Opportunity Zones, including an interactive map for Missouri Opportunity zones, a complete list of all opportunity zones in the U.S. videos from webinars hosted by the Missouri Department of Economic Development (DED) and more at MissouriOpportunityZones.com

St Louis Area Opportunity Zones 4th Quarter 2019 Median Home Prices

St Louis Area Opportunity Zones 4th Quarter 2019 Median Home Prices 

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