Many communities across the nation collectively face housing challenges due to a lack of homes that are affordably priced for low-income and working families. However, each city grapples with a unique set of circumstances that necessitate tailored solutions and flexible financing to address local housing challenges. For this reason, state and local policymakers, community leaders, and housing experts are beginning to leverage Opportunity Zone investments as another financing tool to support the creation of affordable and workforce homes as well as enhance broader community revitalization efforts.
In November, the Economic Innovation Group (EIG) and the National Council of State Housing Agencies (NCSHA) partnered to publish the first in a new series of Opportunity Zone Development Profiles. The profiles featured new developments in Ohio, Maryland, and Florida that provide homes for residents earning between 40 and 120% of Area Median Income, and included details on project financing, community socioeconomic data, and projected economic impact.
Join us December 17, 2019 from 2:00 pm – 3:30 pm ET
Join the Economic Innovation Group and the National Council of State Housing Agencies for a complimentary webinar to learn about how Opportunity Zone investments are supporting community development and revitalization efforts across the nation, and to hear from the local experts who helped to facilitate the first three projects featured in the Opportunity Zone Development Profiles.