The city of Louisville is making the most of the Opportunity Zone program in the early stages of the new federal program.
"Louisville Metro Government has released an interactive map of the 19 census tracts in Louisville dubbed Opportunity Zones, an effort to point deep-pocketed investors to properties ripe for investment," according to an article by Caitlin Bowling.
The Opportunity Zones program was created as a part of the GOP tax reform bill approved in 2017. Since then, states have nominated qualifying census tracts for a new tax break for redevelopment investments. The U.S. Department of the Treasury designated 144 opportunity zones in Kentucky.
Louisville Mayor Greg Fischer is clearly embracing the program, touting the "significant social impact" of investments encouraged by the program. In other state's, concerns have been raised about whether the Opportunity Zones program will provide investment steroids to gentrifying communities. Planetizen collected articles scrutinizing the potential impacts of the program in April 2018.
Bowling notes that despite Kentucky's designations, the state still lacks a lot of information about how Opportunity Zones will work: "The U.S. Department of the Treasury is expected to release regulations surrounding the Opportunity Zones program before the end of 2018."
Read the full story: City launches map to help investors identify properties in Opportunity Zones
Opinion: Congress Should Expand the Opportunity Zone Program
The federal economic development program has brought over $100 billion in private investment to revitalize struggling communities.
Lawyers Connect Breonna Taylor's Murder to Choice Neighborhoods Initiative in Louisville
The lawyers for Breonna Taylor accuse police in Louisville of acting on behalf of a redevelopment plan led by the city with funding support from the federal government.
Opportunity Zones a 'Windfall for the Rich'
Opportunity zones are so far only benefitting the moneyed interests of the real estate industry.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Amtrak, CN end decades-long dispute with eight-year agreement
The new operating agreement establishes an updated framework for the companies to work together, including processes to resolve disputes.
Nation's most wind-powered state turns to coal as data centers increase energy demand
For the first time in decades, Iowa has increased its generation of coal power.
Alabama scores up to $2.5 billion federal loan for largest infrastructure project in state’s history
The Mobile River Bridge and Bayway Project aims to ease congestion at Alabama’s worst bottleneck.
Trump is considering data centers on 6 states' public land — some state officials say they had no idea
If the administration approves the proposed projects, data center and data center-related developments will cover 17,600 acres of public land.
Despite court ruling, Trump is keeping nearly all wind projects in the US on hold
At least 110 wind energy projects have not heard from the government since a federal judge ruled that the Trump administration's freeze on wind turbine clearances was likely illegal.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
KFH Group Inc.
Greater Baltimore Committee
Eagle County Government
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello