Northspyre Blog | Real Estate Technology

Benefits of Enterprise Zones and Opportunity Zones for Real Estate Development

Enterprise zones and opportunity zones are essential concepts for your development team to understand as you look for up-and-coming markets to break ground in. Federal and local governments designate geographic regions, often impacted by economic distress or blight, and offer businesses, developers, and investors tax breaks, regulatory exemptions, and other financial incentives to build there. By selecting a market designated as an enterprise or opportunity zone, your team can save money in the...