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Oshkosh Land Recommended For Federal Tax Incentive Program

Governor Walker has recommended two tracts of land in the City of Oshkosh for designation as Economic Opportunity Zones for the U.S. Department of Treasury community development tax incentive program. The program provides incentives for long-term capital investment into distressed areas of identified communities. The first tract recommended by the Governor is in the Central City, north of the Fox River and south of New York Avenue. The area has a 41.3 percent poverty rate and 7.1 percent unemployment rate. The second recommended tract is the proposed Sawdust District. It has a 20.4 percent poverty rate and 3.3 percent unemployment rate.