Local officials hope an Opportunity Zone designation could bring benefits to the Town of Hamlet. The census tract containing Hamlet was recently nominated for the federal program by Governor Eric Holcomb.
Governor Nominates Portions of Marshall, Starke Counties for Opportunity Zone Program
Portions of Marshall and Starke counties have been nominated as Opportunity Zones. The federal program seeks to attract private-sector investment to low-income communities through capital gains tax incentives. It was created under the 2017 Tax Cuts and Jobs Act.