Past Events

Oct
31

Opportunity Zones: Can Foundations Help Communities Get Ready?

October 31, 2018,
1:45pm to 3:15pm
EDT
Online

With the passage of last year’s tax code overhaul, Congress created Opportunity Zones—areas in low-income census tracks designated by governors, where private equity investors can invest capital gains in new development ventures in exchange for tax forgiveness after 10 years. However, now that proposed regulations have been released, speculation remains as to whether Opportunity Zones will catalyze needed community infrastructure and economic development opportunities for the people who are residents and small business owners who live in these Zones.