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According to the Internal Revenue Service, opportunity zones were added to the tax code under The Tax Cuts and Jobs Act of 2017. The bill has come under some criticism for creating another big tax break for the ultra-wealthy.
Dayton received the largest EDA grant for funding an economic development project in the state.
Grants awarded around Ohio in 2020
| Grantee Name | Total EDA Project Funding | Grant Award Date |
|---|---|---|
| Dayton | $3,600,000 | Oct. 1 |
| Youngstown State University | $1,079,482 | Mar. 20 |
| Miami Valley Regional Planning Commission | $720,000 | Feb. 3 |
| Miami Valley Regional Planning Commission | $160,000 | Nov. 2 |
| Eastgate Regional Council of Governments | $132,500 | Sept. 2 |
| Region 11 Council | $70,000 | June 1 |
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