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Federal ‘Opportunity Zone’ Investment Rules May Come This Month as Cost Estimates Rise

Projects like the proposed Colorado Outdoors Recreation Business Park in Montrose, Colorado, are in areas covered by the federal Opportunity Zone program that may get final guidelines this month. Final guidelines may come this month from the federal government that could open tens of billions of dollars of new commercial real estate investment in economically distressed areas as cost estimates for the program rise. The U.S. Department of Treasury…

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