Archive for the ‘Latest developments’ Category

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EIG Urges Treasury to Adopt Reporting Framework, Measure Investment Impact in Opportunity Zones

Coalition Urges Treasury to Adopt Reporting Framework, Measure Investment Impact in Opportunity Zones Washington D.C. – The Economic Innovation Group (EIG) recently led a broad coalition of stakeholders in submitting detailed recommendations to the U.S. Department of the Treasury calling for the adoption of a reporting framework for investments in Qualified Opportunity Zones. The comment…

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EIG Webinar on the Second Round of Proposed Opportunity Zone Regulations

On May 8th, the Economic Innovation Group hosted a webinar on the second round of proposed Opportunity Zones regulations published by Treasury and IRS last month. EIG’s initial analysis of the regulations can be found here, and a recording of the webinar can be found here with the slides here. EIG’s Catherine Lyons and Rachel Reilly were joined by Lisa Zarlenga, Partner at…

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IRS Publishes Second Round of Proposed OZ Guidance

IRS Publishes Second Round of Proposed Opportunity Zones Guidance, Opening the Door for More and Diverse Investments in Distressed Communities On April 17, 2019, the Treasury Department released a second set of proposed regulations relating to the operation of Qualified Opportunity Zones (QOZs) and Qualified Opportunity Funds (QOFs).  While several key questions remain, the regulations…

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Watch: Bruce Katz on how communities create an OZ prospectus

The Economic Innovation Group partnered with the Minority Business Development Agency and The Enterprise Center in March to convene investors, government officials, community members, developers, and entrepreneurs for a discussion on Opportunity Zones. Rachel Reilly interviewed Bruce Katz, co-founder and director of the Nowak Metro Finance Lab at Drexel University, regarding his work with city…

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EIG kicks off Opportunity Zones Webinar Series

The Economic Innovation Group held its first Opportunity Zones webinar for investors, community leaders, and stakeholders eager to take advantage of the Opportunity Zones incentive. A recording of the webinar can be found here with the slides here. EIG’s Catherine Lyons and Rachel Reilly led the webinar, walking participants through the basics of Opportunity Zones, regulatory actions from…

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