Opportunity Zones

Opportunity Zones

Five Years Later: What Have Opportunity Zones Accomplished?

Two recent studies are among the first to attempt a comprehensive account of the effects of the Investing in Opportunity Program, one of the signature place-based policies of the Trump era.

April 4, 2023 - Economic Innovation Group

Under Armour Clothing Global Headquarters

Developers Rebrand Baltimore’s Port Covington Megaproject

The megaproject formerly known as Port Covington is now known as Baltimore Peninsula.

November 23, 2022 - The Baltimore Banner

Summer

Developer Aims to Fill a 'Craft Beer Desert' in Austin

Yeah, they went there.

August 22, 2021 - Austin Business Journal

Quiet, mostly empty streets in the RiNo District during Covid-19 stay at home order. River North Arts District

Development Potential Abounds as Pepsi Sells 30-Acre Site in Denver's RiNo Neighborhood

The potential sale of a site currently home to a massive Pepsi bottling facility would be the latest in a series of large real estate moves in the trendy River North Art District, also known as RiNo.

July 18, 2021 - BusinessDen

Atlanta, Georgia

Mapping the Displacement Risk of Opportunity Zones

An Atlanta case study.

July 20, 2020 - Next City

Millennial Commerce

Report Assesses Equity Outcomes for the Opportunity Zone Program

Critics have raised doubts and concerns about the potential misuse of the federal Opportunity Zone program since it was approved in 2017, but a new report finds some evidence that the program is working toward its promoted intention.

June 22, 2020 - Urban Institute

Boise Idaho

Popularity of Opportunity Zone Program Grows During the Pandemic

Investors are looking for safe places to park capital gains as volatility roils the stock market. Opportunity zone programs fit the bill.

May 22, 2020 - Bisnow

Portland

Oregon Could Trim Opportunity Zones Tax Break

The federal opportunity zones program is a double benefit in the state of Oregon, and legislators are wondering if the program is more effective in setting up tax havens than delivering investments in underserved areas.

January 19, 2020 - The Oregonian

West Palm Beach, Florida

Opportunity Zones Under Investigation by Treasury Inspector General

Along with other members of congress, one of the authors of the law that established the federal Opportunity Zones program has asked the Treasury Department to investigate potential abuse of the program. The Treasury inspector general is obliging.

January 17, 2020 - NBC News

Houston, Texas

Rents Grow Fastest in Houston's Opportunity Zones

Rents have grown as much as 28 percent in the last year over the past year in the neighborhood of Midtown in Houston.

December 18, 2019 - Houston Chronicle

Detroit Vacant Properties

A Better Way to Tackle Social and Economic Inequality

Building community wealth from the bottom up is a more effective way to turn struggling communities around.

December 16, 2019 - CityLab

Home Repairs

Federal Housing Administration Expands Housing Rehab Support to Opportunity Zones

The Limited 203(k) Rehabilitation Mortgage Insurance Program will now be available in federally designated Opportunity Zones, and with more to loan than in the previous iteration of the program.

November 25, 2019 - U.S. Department of Housing and Urban Development

West Palm Beach, Florida

Opportunity Zone: A Superyacht Marina, Adjacent Luxury Apartment Development

The federal government's Opportunity Zones program is offering a tax break to a marina for superyachts and adjacent planned development in West Palm Beach, Florida.

November 15, 2019 - ProPublica

Project Housing

Census Tract Changes Could Expand Opportunity Zones

Tract boundary revisions for the 2020 Census could mean new opportunity zone designations as well.

October 2, 2019 - Bloomberg Tax

Downtown Houston, Texas

Opportunity Zones a 'Windfall for the Rich'

Opportunity zones are so far only benefitting the moneyed interests of the real estate industry.

September 4, 2019 - The New York Times

Lakeland, Florida

Co-Working Spaces Fill Opportunity Zone Developments

Developers are working to attract tenants to co-working spaces, in a relationship that they say benefits companies as well as surrounding communities.

August 21, 2019 - The New York Times

Under Armour Clothing Global Headquarters

A $5.5 Billion Waterfront Plan for Baltimore Wins Opportunity Zone Status

The Port Covington plan was already in line to receive massive subsidies from the city of Baltimore. Now the plan will be the beneficiary of the new federal Opportunity Zone program as well.

June 21, 2019 - ProPublica

South Los Angeles

Nipsey Hussle Wanted Community Partnerships for South L.A.’s Development Future

Before his death in March, Hussle has plans for an opportunity zone investment fund that would ensure the community wouldn’t lose out in the development process.

May 16, 2019 - Los Angeles Times

Opportunity Zones

Trade Group Established to Lobby for Opportunity Zone Policy

There is now an organization calling itself a "Chamber of Commerce" for opportunity zones.

May 10, 2019 - Bloomberg Tax

Tax Cuts and Jobs Act of 2017

How Smaller Cities Are Trying to Attract Opportunity Zone Investors

Cities and states are altering local policies to maximize benefits for private investors in Opportunity Zones.

May 1, 2019 - Governing

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