Opportunity Zone Archives - Riverhead News Review

12.05.2019 Government

Forum on Opportunity Zone program scheduled for Dec. 13 in Riverhead

The Town of Riverhead Industrial Development Agency, Community Development Agency and Chamber of Commerce will hold an informational forum on the Federal Opportunity Zones Program, which effects downtown Riverhead...

12.08.2018 Government

Town discusses development options for new ‘opportunity zone’ designations

After two Riverhead “opportunity zones” were approved by the U.S. Department of the Treasury in June, the town Industrial Development Agency and Community Development Agency hosted a workshop Wednesday...

06.16.2018 Government

Opportunity Zones get federal nod

The U.S. Department of the Treasury has approved downtown Riverhead and the Enterprise Park at Calverton as “Opportunity Zones,” based on a recommendation from New York State earlier this...

04.21.2018 Government

Downtown Riverhead, EPCAL selected as ‘opportunity zones’

New York State has nominated downtown Riverhead and the Enterprise Park at Calverton as “opportunity zones,” a new federal designation that allows low-income census tracts to boost private investment in...

04.13.2018 Government

Riverside officials take their case straight to the governor

A census tract that includes Riverside, Flanders and Northampton could qualify for an Opportunity Zone designation only if Gov. Andrew Cuomo chooses it — and residents in those hamlets...

03.24.2018 Government

‘Opportunity zone’ designation could spur development in Riverside area

The hamlets of Riverside and Flanders could benefit if Gov. Andrew Cuomo selects downtown Riverhead as an “opportunity zone.”

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