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Tucked Into the Tax Bill, a Plan to Help Distressed America

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New ‘Opportunity Zones’ could turn struggling cities into millennial magnets

/   Matt Fagan and Rodrigo Torrejon, NewJersey.com

Local officials from Bergen and Passaic counties are optimistic that a new program that creates Opportunity Zones, which give investors federal tax breaks to reinvest in urban areas, will inject some vigor into their cities. … Matt Fagan and Rodrigo Torrejon, NewJersey.com Read the full article here.

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Local leadership is key for successful Opportunity Zones

/   Steve Glickman and John Lettieri, The Hill

State and local leaders nationwide were surprised to learn that the Tax Cuts and Jobs Act, signed into law at the end of 2017, delivered them the most ambitious economic development investment incentive enacted since the Clinton Administration. … Steve Glickman and John Lettieri, The Hill Read the full article here.

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Trump Economic Adviser Talks Policy at IOP

/   Paul Tamburro & Meena Venkataramanan, The Harvard Crimson

Chairman of the White House Council of Economic Advisors Kevin A. Hassett expressed optimism about President Donald Trump’s economic policy and spoke about his work on economically challenged communities at an Institute of Politics event Thursday. … By Paul Tamburro & Meena Venkataramanan, The Harvard Crimson Read the full article here.

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Why ‘Opportunity Zones’ Could Solve Unemployment In Slow-Growth Areas

/   John Bailey, Real Clear Markets

Recent national economic reports point to a robust economic recovery. … By John Bailey, Real Clear Markets Read the full article here.

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City of Antioch land tracts approved as opportunity zones

/   Staff, The Press

The Contra Costa County District 3 Office recently announced that Antioch land tracts nominated for Gov. Brown’s designation as opportunity zones were included in the March 22 submission to the federal government. … By Staff, The Press Read the full article here.

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SC’s Norman: Opportunity zones mean money for downtown Lancaster, Rock Hill, Chester

/   Hannah Smoot, The Herald

U.S. Rep. Ralph Norman of Rock Hill was optimistic as he toured the 5th Congressional District Wednesday to highlight the newly selected “opportunity zones.” … By Hannah Smoot, The Herald Read the full article here.

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