Steubenville Council opts for ‘collaborative approach’ to opportunity zone application
STEUBENVILLE — After much discussion, council decided that City Manager Mike Johnson should represent them in discussions pertaining to a “collaborative” application for an opportunity zone designation that could cross municipal boundary lines. Opportunity zones are economically distressed census tracts where private investors “can receive tax incentives for putting capital into local businesses and real estate.” Applications are due this week. All agreed a tract that “essentially covers the majority of the downtown area, as well as the area where Franciscan University is ...