Planetizen - Urban Planning News, Jobs, and Education

Opportunity Zones

May 22, 2020, 8am PDT
Investors are looking for safe places to park capital gains as volatility roils the stock market. Opportunity zone programs fit the bill.
Bisnow
January 19, 2020, 11am PST
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.
The Oregonian
January 17, 2020, 5am PST
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.
NBC News
December 18, 2019, 7am PST
Rents have grown as much as 28 percent in the last year over the past year in the neighborhood of Midtown in Houston.
Houston Chronicle
December 16, 2019, 6am PST
Building community wealth from the bottom up is a more effective way to turn struggling communities around.
CityLab
November 25, 2019, 12pm PST
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.
U.S. Department of Housing and Urban Development
November 15, 2019, 9am PST
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.
ProPublica
October 2, 2019, 2pm PDT
Tract boundary revisions for the 2020 Census could mean new opportunity zone designations as well.
Bloomberg Tax
September 4, 2019, 6am PDT
Opportunity zones are so far only benefitting the moneyed interests of the real estate industry.
The New York Times
August 21, 2019, 10am PDT
Developers are working to attract tenants to co-working spaces, in a relationship that they say benefits companies as well as surrounding communities.
The New York Times
June 21, 2019, 7am PDT
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.
ProPublica
May 16, 2019, 10am PDT
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.
Los Angeles Times
May 10, 2019, 6am PDT
There is now an organization calling itself a "Chamber of Commerce" for opportunity zones.
Bloomberg Tax
May 1, 2019, 11am PDT
Cities and states are altering local policies to maximize benefits for private investors in Opportunity Zones.
Governing
April 5, 2019, 8am PDT
Boulder declared a moratorium on development in a federally designated Opportunity Zone back in December. Here's how the decision has played out so far.
Next City
February 27, 2019, 10am PST
A new program announced by U.S. Department of Housing and Urban Development Secretary Ben Carson is designed to encourage Opportunity Zone investments that address poverty and underinvestment.
The Real Deal
January 29, 2019, 2pm PST
Call it "Tax Breaklandia," according to this Bloomberg article.
Bloomberg BusinessWeek
January 14, 2019, 12pm PST
Developments around the mall are now subject to tax breaks as part of a new program meant to aid disadvantaged communities.
StarTribune
December 19, 2018, 11am PST
From opportunity zone to 'opportunity-free zone.'
Daily Camera
December 18, 2018, 7am PST
Some "Opportunity Zones" will deliver more social end environmental benefits than others.
MAPS