Niagara County Completes Opportunity Zone Prospectus

Opportunity Zones are federally-designated census tracts classified as low-income communities. The opportunity zone program provides substantial tax benefits for capital gains reinvested into these economically distressed areas. Niagara County recently completed an Opportunity Zone Prospectus to help attract development to the eight opportunity zones in the county. The prospectus report can be found here:


"LCDC is one of the stars that shine the brightest out of the departments in North Tonawanda! They are vocal about opportunities that they have for funding and are knowledgeable about whether your business will qualify or not. [Laura] is always available as a resource and a guide. Every dollar and cent makes a big difference to the cash flow of a small business and LCDC understands that. Laura was able to get us in contact with another grant opportunity which changed the trajectory of our business plan for the better. Simply put, we would not be where we are now in just (almost) 5 years of being open if it wasn’t for the hard work of everyone involved with LCDC."

~Gabrielle Richards, Jason Richards, and Judith Mittiga, owners of The Vegan Grocery Store

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