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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…
Read moreNipsey Hussle had a plan to beat gentrification — in South L.A. and across the U.S.
Nipsey Hussle’s stretch of Slauson Avenue has largely been overlooked by the gentrification boom that has transformed so many neighborhoods of Los Angeles.
Read moreEIG Applauds Bipartisan Bill on Opportunity Zones Reporting Requirements
The Economic Innovation Group Applauds Bipartisan Bill on Reporting Requirements for Investments in Opportunity Zones Washington, D.C. – The Economic Innovation Group (EIG) welcomed bipartisan Congressional action to affirm the importance of investment transparency in Opportunity Zones, and reinstate impact and outcome reporting measures from the Investing in Opportunity Act. In the Senate, Senators…
Read moreAmid a crisis of inequality, $2 trillion of tax-free investing in Opportunity Zones could benefit both rich and poor
How can a formerly failing freshman in a South Carolina high school ultimately build a path to prosperity for millions of poor people nationwide? Through the U.S. tax code, of course.
Read moreIRS 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…
Read moreTowards a more socially and spatially inclusive innovation economy
By Kenan Fikri, Research Director, Economic Innovation Group The innovation- and technology-led economic development model of the past couple of decades rested on two beliefs that, in retrospect, were overly optimistic: That, within countries, technology would be a force both for economic diffusion geographically and for economic inclusion socially. Yet, instead of spreading economic activity,…
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