Opportunity Zones Update for State and Local Leaders
Categories:Analysis | Published On: October 26, 2020 |
By Rachel Reilly
On October 22, the Economic Innovation Group (EIG) hosted a webinar for state and local leaders engaged in Opportunity Zones efforts to provide insights on peer-led initiatives and updates on strategies for attracting community-centered investment. EIG was joined by guest speakers South Carolina State Representative Marvin Pendarvis and Dan Carol and Ragini Chawla of the Milken Institute.
View presentation slides, a recording of the webinar, and EIG’s key takeaways for more information.
State-level legislation enhances OZ benefits to drive outcomes
South Carolina State Representative Marvin Pendarvis spoke about hisvision for Opportunity Zones, which was informed by discussions with OZ leaders in Washington, D.C., MD, and AL.
More than 7.5 million children live in Opportunity Zones and investment can be leveraged to expand and improve spaces for learning and care, strengthen businesses that serve low-income children, and build local workforce capacity.
The report provides strategies that can be employed by state and local leaders, and Mike Landes from Colorado’s Office of Economic Development & International Trade provided the example of a childcare provider participating in the state’s Opportunity Zone Capital Accelerator Program.