Strategic Advantages

Current News, Events, and Press Releases

Economic Development Director Notes Grantsville Opportunity Zones
Mike Hough, Ddirector of Garrett County Economic Development, spoke about Federal Opportunity Zones at the October 31st meeting of the Greater Grantsville Business Association.
U.S. Dept. of Treasury Releases Proposed Opportunity Zones & Opportunity Funds Guidance
These regulatory proposals help to clarify how investors will engage in Opportunity Zones & provide more framework for communities to understand the types of eligible business & real estate projects.
Economic Development Director Stresses Benefit of "Opportunity Zones" to GOBA
“If you invest in an opportunity, you can defer your capital gains,” he explained. “If you keep that property for seven years, capital gains will decrease by 15 percent.”
Maryland Officials Break Ground on Route 219 Project
State officials broke ground on a long-awaited project that will realign a portion of U.S. Route 219 in Garrett County. The 1.4-mile section of highway will be built between I-68 & Old Salisbury Road.
Regional Job Intern Bank Up and Running
Thanks to funding provided by the Garrett and Allegany County Commissioners, The Greater Cumberland Committee's Regional Job Intern Bank is now up and running.
Puzzled About Your Future?
Learn about resources as you create your pathway to success.