The Tax Cuts and Jobs Act included a new federal incentive—Opportunity Zones—to spur investment in low-income and undercapitalized communities. Governors (and the mayor of the District of Columbia) have now selected zones, and investors, businesses, state and local governments, and philanthropy are figuring out how to turn this concept into investable deals.
The Opportunity Zone program could become the nation’s largest economic development tool, but its breadth creates both opportunities and challenges for community developers and their partners. How can the program be implemented to live up to its potential?
Did governors target Opportunity Zones to disinvested communities?
Are Opportunity Zones in the Greater DC area targeted to communities in need of investment?
Assessing Governor Brown’s selections for Opportunity Zones in the Bay Area
Why Opportunity Zones are important for Indian Country
A little-publicized incentive in the new tax law could become America’s largest economic development program