The Sorenson Impact Center Launches the Opportunity Zones Task Force and Upcoming Opportunity Zones Catalyst Challenge
The Sorenson Impact Center, along with its founding partners, the Economic Innovation Group, U.S. Impact Investing Alliance, Local Initiative Support Corporation (LISC), Business Alliance for Local Living Economies (BALLE), Beeck Center, and Develop Advisors, today launched The Opportunity Zones Task Force, and forthcoming Opportunity Zones Catalyst Challenge.
Read moreCan ‘Opportunity Zones’ Lift Up America’s Struggling Towns?
The $1.5 trillion Tax Cuts and Jobs Act, signed into law in December 2017, was the subject of heated debate about who mainly benefited from the tax overhaul.
Read moreDistressed Cities Find Hope in Federal ‘Empowerment Zones’
So-called opportunity zones, an incentive with bipartisan support, were included in the 2017 federal tax law to lure capital from Wall Street to struggling cities and towns across the country.
Read morePuerto Rico, Land of OZ
After Gov. Ricardo Rosselló Nevares announced in April 2018 that Puerto Rico was designated an Opportunity Zone under the Tax Cuts & Jobs Act by the United States Treasury and federal Internal Revenue Service (IRS), the island will host its first Opportunity Zone Conference (OZ19) Jan. 30 at the Condado Vanderbilt in San Juan
Read moreAmazon Exec Says NYC HQ Won’t Use Opportunity Zone Benefits
John Lettieri, chief executive of the public policy organization Economic Innovation Group, said it seemed unlikely the program would be a good fit for Amazon.
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