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

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Bringing investment to poor places

Will opportunity zones work? Or are they just a tax break for America’s wealthiest?

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When Investing in Opportunity Zones, Don’t Underestimate the Importance of Relationships

/   Tara Lerman, Bisnow

Last month, the IRS released a set of long-awaited regulations on opportunity zones.

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San Jose metro is nation’s 9th most prosperous: report

/   Leonardo Castaneda, Mercury News

With a majority of its residents in comfortable neighborhoods, the San Jose metropolitan area is the ninth most prosperous in the nation, according to a report ranking the level of distress in U.S. communities.

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Amazon and the troubling rise of superstar cities

/   Mark Trumbull, Christian Science Monitor

The decision by Amazon to add new “headquarters” in New York and metro Washington, D.C., has laid bare a stark economic fact: Rich cities keep getting richer, while many other places are left behind in the race for new investment and jobs.

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Here’s what Amazon HQ2 employees will face in Long Island City when it comes to transportation, housing and … sewage

/   Rani Molla, Recode

A lot of change is on the horizon for the Queens neighborhood.

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The gap between poor and rich neighbourhoods is growing

And fewer poor Americans are moving in search of a better life

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