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Opportunity Zones are designed to address economic inequality within a community
Booker (D-N.J.) said Opportunity Zones, which are an attempt to tap nearly $6 trillion in unrealized capital, are a new tool in the toolboxes for businesses, which is also creating a moral case for investment in urban and rural areas. “I’m very proud that I’ve given the real practitioners of civic society, not senators or…
Read moreLeft Economy, Right Economy
Republicans and Democrats are looking at the same set of facts and suddenly seeing very different things.
Read moreMapping America’s Most Distressed Areas
The Distressed Communities Index ranks the economic well-being of every community in the United States. It uses seven different metrics to assess the economic state of every zip-code area. The 2017 DCI Map allows you to view the well-being score of every zip-code in the United States and to view each of the individual economic…
Read moreInsider Q&A: How to invest in ‘opportunity zones’
Last year’s tax overhaul created a massive new incentive for investing in some of the United States’ poorest neighborhoods. The brand new “opportunity zones” enable private investors to re-invest their profits into businesses that are located in parts of the country that are generally starved from outside investment.
Read moreEditorial: Lessons from Cleveland
Just two years ago, a study from a Washington think tank declared that Cleveland was the most economically-distressed big city in the country. There’s one telling statistic that the Economic Innovation Group pointed to: Fully 23 percent of the adults 25 and older in Cleveland didn’t have a high school diploma. The national average is…
Read moreIN THE ZONE – The Opportunity Zone
Ask a 6th grade student about the secret to successful real estate investments. The parroted answer might be – “location, location, location”. Ask a seasoned real estate developer the same question. The answer may be similar but with a slight refinement – like “find the right location, at the right time”. Everyone knows that is…
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