Archive for the ‘In the News’ Category

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Heard the buzz about opportunity zone funds? Here’s the skinny

/   Sarah O'Brien, CNBC

At the end of last year, $6.1 trillion in capital gains was sitting in mutual funds, stocks and corporations that investors had not cashed in, according to the Economic Innovation Group.

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Treasury’s Opportunity Zones Guidance Answers Many Key Questions

/   Michael Novogradac, Novogradac

The starting gates opened months ago for opportunity zones (OZs)–as the U.S. Treasury Department designated OZs and determined that qualified opportunity funds would self-certify.

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A Google in Newark? VCs Hit Snag in New Tax Break for Poor Areas

/   Noah Buhayar, Bloomberg

Dan Borok got excited when last year’s Republican tax overhaul included a provision that stood to help his venture capital firm pursue its mission of funding businesses and creating jobs in Newark, New Jersey.

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Parts of America Are Still Struggling Economically. They Don’t Matter Much in the Midterms.

/   Jim Tankersley & Ben Casselman, New York Times

With just days to go before the midterm elections, President Trump is making an economic appeal to well-off suburban voters: Elect Republicans, the president warns in tweets and a new national ad, or kiss the good economic times goodbye.

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Much-Awaited Guidelines Opening the Opportunity Zone Floodgates

/   Oscar Perry Abello, Next City

‘Tis the season for Opportunity Zone investing.

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