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EIG Applauds $60 Million in New Opportunity Zone Investments Announced at Erie Homecoming
Washington, D.C. – Over the last two days, the Economic Innovation Group (EIG) joined community leaders, investors, government officials, and national experts in Erie, Pennsylvania, for “Erie Homecoming 2019 – Unlocking Capital in Legacy Cities,” to recognize the city’s success in leveraging Opportunity Zones to spur a renewal of its downtown and pioneer a new…
Read moreEconomic Innovation Group CEO to Testify at IRS Hearing on Opportunity Zones Regulations
Washington, D.C. – Today, John Lettieri, President and CEO of the Economic Innovation Group (EIG), will testify at a public hearing before the Internal Revenue Service (IRS) on behalf of a broad coalition of stakeholders. Lettieri’s remarks will address the comment letter the coalition submitted to the U.S. Department of the Treasury and the IRS…
Read moreEIG Webinar on Strategies for Community-led Opportunity Zone Investment
On June 25th, the Economic Innovation Group hosted a webinar on strategies for community-led Opportunity Zones investments, with representatives from the Washington State Department of Commerce, the National Development Council (NDC), the Emerald Coast Opportunity Zone, and the North Star Opportunity Zone. A recording of the webinar can be found here, with the slides here. EIG’s…
Read moreAnalysis Shows Counties That Flipped to Trump Still Lagging Behind Economically
Washington, D.C. – Today, the Economic Innovation Group (EIG) released a progress report measuring economic growth in the “flipped” counties — which Barack Obama carried in 2008 and 2012 — whose turns were decisive in President Donald Trump’s victory in 2016. EIG’s analysis reveals that these counties experienced slower growth in employment, a slower rise…
Read moreEIG 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…
Read moreEIG 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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