President Donald Trump has introduced a new federal tax break for investors who back projects in parts of Delaware County, writes Joseph DiStefano for the Philadelphia Inquirer.

The federal tax break is part of the Trump Administration’s winter tax cuts. It’s aimed at developers and investors who provide funds for projects in specified zones. These include a stretch of Baltimore Pike and the Chester-Marcus Hook corridor in Delaware County.

The tax breaks, for investments between now and the end of 2026, include deferral of gains on money invested in one of the zones until the investment is sold. They also cover partial forgiveness on that gain once the deferral ends.

According to Christopher Catarino and fellow CPA Steve Rossman, the new zones program is “widely available to the public,” unlike previous tax incentives that require extensive government approvals “and traditionally accrue benefits only to major banks and developers.”

Read more about the Trump Administration’s new tax break in the Philadelphia Inquirer here.