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Tucked Into the Tax Bill, a Plan to Help Distressed America

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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…

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Economic 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…

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EIG 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…

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Analysis 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…

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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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