Seeking 'Opportunity Zones' Investments

The city of Louisville is making the most of the Opportunity Zone program in the early stages of the new federal program.

July 31, 2018, 11:00 AM PDT

By James Brasuell @CasualBrasuell


Harold Stiver / Shutterstock

"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."

Monday, July 30, 2018 in Insider Louisville

Chicago Commute

Planning for Congestion Relief

The third and final installment of Planetizen's examination of the role of the planning profession in both perpetuating and solving traffic congestion.

May 12, 2022 - James Brasuell

Twin Cities

Minneapolis Housing Plan a Success—Not for the Reason You Think

Housing advocates praise the city’s move to eliminate single-family zoning by legalizing triplexes on single-family lots, but that isn’t why housing construction is growing.

May 13, 2022 - Reason

Single-Family Housing Construction

New White House Housing Initiative Includes Zoning Reform Incentives

The Biden administration this morning released a new program of actions intended to spur housing construction around the United States.

May 16, 2022 - The White House

University of Arizona

Proposed Transit Line Would Connect Downtown Tucson to Airport

Based on community input for a 15-mile transit line, residents want to see a focus on affordable housing development and anti-displacement measures.

3 hours ago - KGUN

Shuttered strip mall in Niland, California

Strip Malls as a Housing Solution

The American strip mall may be a dying breed of commercial development, but could the buildings serve a new use as sustainable housing?

5 hours ago - Yale Environment 360

Complete Street Vancouver

Study: Most of Vancouver Is a ‘15-Minute City’

A large majority of Vancouver residents can access a grocery store in 15 minutes or less by bicycle or on foot.

May 20 - Vancouver Sun

HUD’s 2022 Innovative Housing Showcase

HUD's Office of Policy Development and Research

Expanding HUD’s Eviction Protection Grant Program

HUD's Office of Policy Development and Research

New Updates on The Edge

HUD's Office of Policy Development and Research

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Hand Drawing Master Plans

This course aims to provide an introduction into Urban Design Sketching focused on how to hand draw master plans using a mix of colored markers.