MOUNT VERNON — A section of north Mount Vernon has been approved by the state for consideration as a federal “Opportunity Zone” in a program created by the recent federal tax bill.

The area includes both the Siemens campus and the former ANC property.

Under the program, Area Development Foundation President Jeff Harris explained, investors receive beneficial tax consequences for investing in qualified Census Tracts around the country.

 

Chuck Martin: 740-397-5333 or cmartin@mountvernonnews.com and on Twitter, @mountvernonnews

 

 

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