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A proposed law in Wisconsin would increase the tax incentives to invest in the state's low-income rural and urban communities, but critics say expanding so-called opportunity zones could be ineffective and increase gentrification.
PTM Partners (PTM) has closed A $97.9 million fund targetting Opportunity Zone investments along the eastern seaboard. PTM Partners Opportunity Zone Fund I, LP has already resulted in three development projects across multiple asset classes including multi-family residential, hospitality and retail, and a soon to-be-announced fourth project. This is the...
Erie wins one of four grand prizes from the Forbes magazine Opportunity Zone Catalyst Challenge.
The Treasury Department’s watchdog said it was looking into the Opportunity Zone program, a multibillion-dollar tax break that is supposed to help low-income areas.
Woodfield Investments and Argosy Real Estate Partners received a $100.6 million senior loan for a 380-unit development. Phillips Realty Capital also structured equity investment funding for the project.
The U.S. Small Business Administration hosted a conference Wednesday to discuss how Central Ohio residents can benefit from "opportunity zones"
When James Dignan worked on the Rising Rust Belt economic summit last year, he envisioned a development effort that crossed the boundaries of chamber of commerce areas and even state
The U.S. Mayors convened their 88th Washington, D.C. Winter Meeting and released the 2019 Menino Survey of Mayors, the sixth such survey, reflecting the views of 119 mayors of cities with populations
The 2017 Tax Cuts and Jobs Act introduced a new initiative, the Opportunity Zones Program , to spur investment in the nation’s most distressed communities.