WHEELING – The city of Wheeling's inclusion in West Virginia's Opportunity Zones 2.0 program provides a valuable new tool to attract private investment, encourage business expansion and create opportunities for continued economic growth.
The designation, part of Gov. Patrick Morrisey's selection of 52 Opportunity Zones throughout West Virginia, offers federal tax incentives designed to encourage long-term investment in designated communities. Through Qualified Opportunity Funds, eligible investors who reinvest capital gains may receive tax benefits that can help make investment in ...