Leveraging Opportunity Zones to Boost Affordability in Hot Markets

Fact Sheet

Leveraging Opportunity Zones to Boost Affordability in Hot Markets

December 4, 2019

Abstract

The Opportunity Zones tax incentive, created by the Tax Cuts and Jobs Act of 2017, was designed to spur investment in low-income and undercapitalized communities. How can stakeholders use the program to benefit disinvested neighborhoods and expand access to affordable housing? The experiences of investors, developers, government officials, and philanthropy representatives show how the incentive is working at the national and local level in King County, Washington.

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