Opportunity Zone 2.0: Charting the Next Chapter for Chippewa County
CEDC knows that economic development is about more than attracting investment. It’s about creating lasting opportunities for growth that benefit everyone in our area. That’s why in 2016/17 CEDC advocated for the establishment of a Chippewa County Opportunity Zone, what is known as Census Tract 105 in Chippewa Falls. This area was identified as a Low-Income Community Opportunity Zone and forwarded on to the state and federal government for designation. Covering 7.4 square miles and home to around 5,400 residents, the Census Tract 105 was officially designated as the only Opportunity Zone in Chippewa County. This federal designation provides tax incentives for investors who direct capital into projects that revitalize underserved areas. As a result, Chippewa Falls gained valuable projects and attracted new investment that increased the net new construction and brought more tax revenue into local governments coffers. For [...]









