Mid Columbia Economic Development District strives to promote the creation of family-wage jobs, the diversification of the economic base, and the growth, development and retention of business and industry in Hood River, Wasco, Sherman, Klickitat and Skamania Counties
MCEDD is organized as a government non-profit in Oregon as an ORS-190 and in Washington through RCW 39.34.010.
June 25, 2019 – Looking to take advantage of the new high speed internet connections in Sherman County? Interested in what it can do for your business or organization? Tuesday, July 2nd, 6pm at the Wasco Event Center (903 Barnett Street, Wasco, Oregon) representatives from local businesses and the Small Business Development Center from Columbia Gorge Community College will talk about how they are already using the internet to conduct their business. Presenters will include Morrow County Grain Growers talking about precision agriculture and Evergreen Holdings LLC discussing broadband impacts on their operations. Join us to share ideas, ask questions, or explore what’s possible online! Refreshments will be provided. This event is free to attend, but please RSVP to Carrie Pipinich (carrie@mcedd.org or 541-296-2266).
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June 18, 2019 – WHAT’S ALL THIS ABOUT OPPORTUNITY ZONES? FIND OUT JUNE 21st!
Workshop will look at new federal tax incentive and how it can work in the Mid-Columbia
If you’ve heard about the new Opportunity Zone tax incentive and still aren’t sure how you can participate, you’re not alone. An upcoming workshop is planned to help clear up those questions. “Opportunity Zones” starts Friday, June 21, at 8:30 a.m. at the Hegewald Center, 710 SW Rock Creek Dr., Stevenson. The event is organized by the Mid-Columbia Economic Development District as part of its mission to promote economic growth.
The Opportunity Zone program was established through the Tax Cuts and Jobs Act of 2017, and was designed to provide tax incentives to investors who fund businesses in underserved communities. Investors can defer paying taxes on capital gains that are invested in Qualified Opportunity Funds. In turn, those funds are invested in distressed communities designated as Opportunity Zones by each state’s governor. In the Mid-Columbia counties of Hood River, Klickitat, Sherman, Skamania and Wasco, 10 opportunity zones census tracts have been identified, five in Oregon and five in Washington.
This workshop will bring in authorities who will discuss Opportunity Zones from several different perspectives. Melissa LaFayette of the National Development Council will provide an overview of the topic including: Opportunity Zones 101, locations of opportunity, Opportunity Zones as a tool for housing and business development. Qualified Opportunity Fund operators will explore how investors can participate and what funders are looking for in projects. Stephen Brooks of the Oregon Model will discuss project awareness and community connections, including mechanisms to promote projects and the social impact of Opportunity Zone investing.
RSVP is required. RSVP to marla@mcedd.org or 541-296-2266.
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