The neighborhood along Auburn Avenue just east of downtown was a cradle of Atlanta’s African-American wealth and political clout. It includes Martin Luther King’s boyhood home and other civil rights landmarks.
The Atlanta Journal-Constitution reports that it was designated Tuesday as Atlanta’s latest Opportunity Zone.
The classification enables certain state tax incentives for businesses that expand in the zone, with credits of $3,500 per job available for the creation of as few as two net new jobs. The credits are available to both small and large businesses.