The American Rescue Plan (ARP) funding supports Tribes and Native organizations as they seek to ensure the survival and continuing vitality of Native American languages. Native American communities, including federally and state-recognized Tribes, Alaska Natives, Native Hawaiian and Pacific Islander communities, experienced disproportionately higher rates of virus infection and loss of life due to COVID-19. The ARP funding helps 210 indigenous communities preserve their indigenous languages.
Opportunity Zones were created under the Tax Cuts and Job Acts of 2017 as a tool to spur economic development and job creation in eligible low-income areas which have difficulty attracting new businesses and jobs. What does this mean for Native Communities? This webinar will walk through the fundamentals of Opportunity Zones, and how the designated communities can be better equipped to work with legal and tax professionals to harness the tax benefits of creating or expanding Native businesses in such areas.