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The only grant awarded in the county was $140,000, to Greater Portland Council of Governments.
According to the Internal Revenue Service, opportunity zones were added to the tax code under The Tax Cuts and Jobs Act of 2017. The bill has come under some criticism for creating another big tax break for the ultra-wealthy.
The following table shows how much the EDA invested in projects in all counties in Maine in 2020.
Total awarded by county in Maine (2020)
Rank | County | Total |
---|---|---|
1 | Kennebec County | $704,030 |
2 | Penobscot County | $414,431 |
3 | Androscoggin County | $140,000 |
3 | Cumberland County | $140,000 |
3 | Lincoln County | $140,000 |
ORGANIZATIONS IN THIS STORY
South Windham• Steep Falls• Frye Island• North Windham• City of Westbrook• Sebago• Town of Yarmouth• Pownal• Falmouth• Standish• Cousins Island• Casco• Falmouth Foreside• Cumberland Center• City of Portland• Littlejohn Island• Long Island• Freeport• City of South Portland• Town of Falmouth• Bridgton• Raymond• Gray• Naples• Town Of Scarborough• Gorham• Brunswick• Yarmouth• Little Falls• Brunswick Town• Brunswick Station
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