Lege TREND. 3 Economic Development Issues with Opportunity Zones.

What is an opportunity zone? offers a capital gains tax credit for long-term investments designated low-income census tracts to stimulate commerce and create jobs

What economic development issues have arisen?

• Opportunity Zones require no reporting
• Opportunity zones require no management to ensure the investments occur
• Operating as a method of gentrification rather than investment in low income infrastructure

Look for legislative and regulatory structures to be put in place.

Governing | The Problem With Opportunity Zones