Investors that choose to spend their capital gains in Haines stand to reap significant tax breaks, while also potentially benefitting the Haines community, based on incentives offered by the federal Opportunity Zone Project.
In 2018, U.S. Congress established the program as an investment tool for low-income and rural communities nationally as a way to drive long-term growth. Alaska Gov. Bill Walker selected Haines among 25 communities that now provide tax incentives for individuals or businesses…