City of Myrtle Beach seeking investors for Opportunity Zone at a forum today

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Myrtle Beach, SC – Leaders from four Myrtle Beach organizations are looking to add investors to the City’s opportunity zone in an Opportunity Zone Investor Forum this morning. There are three other opportunity zones in Horry County but this forum will only showcase the opportunity zone in Myrtle Beach, which covers 21 Avenue N and extends up to 3 Avenue S and back to the bypass. “It’s a pretty large area that’s considered the opportunity zone,” the Executive Director for the Downtown Redevelopment Corporation Lauren Clever said. “It’s probably one of the only opportunity zones in the”. Opportunity Zones are particularly intriguing to people with capital gains taxes. Investing in an opportunity zone would allow these individuals to defer some of those taxes. Lauren Clever tells News13, opportunity zones benefit both parties.

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