Launching Opportunity Zone Funds: Background, Technical Update and Potential for Massive Community Impact

Stephen MaltaCommunity Development, Opportunity Funds, Opportunity Zones, Place-Based0 Comments

Background: Within the December 2017 Tax Reform Act was a late provision that survived the reform due to years of bipartisan effort. Led by Cory Booker (D-NJ) and Tim Scott (R-SC), the Investing in Opportunity Act was passed as a Federal IRS initiative to steer untapped pools of private capital towards underserved communities in the form of equity investments. An … Read More