Is there an Opportunity in Auburn for you?

Join us for an informational workshop about Federal Opportunity Zones for property owners, businesses, investors, developers, and financial service providers.

The Cayuga Economic Development Agency, in partnership with the City of Auburn, will host an informational workshop about the new federal Opportunity Zones program on Monday, March 4, from 10:00am to noon at Auburn City Hall.  The program is an economic development tool designed to spur long-term, private capital investment in distressed areas by providing tax benefits to investors.  In Cayuga County, the northwest quadrant of the City of Auburn is a Qualified Opportunity Zone.

This new federal program provides tax incentives for those who invest their capital gains as equity for businesses or real estate projects within a designated zone.  They receive an immediate tax break, and can eliminate tax on future capital gains, if they make a long-term investment.

This workshop is an opportunity for investors, developers, property owners, business owners, wealth advisors, accountants, tax professionals, and anyone else to learn more about Opportunity Zones and their benefits.

The workshop will be presented by Michael N’dolo of Camoin Associates . 

This event is FREE, and seating is limited.  Please register now to reserve your spot.

For questions or additional information, please contact Maureen Riester at CEDA.