Opportunity Zones & Transparency

What is happening? In 2017, we were gifted with Opportunity Zones that made promises of drawing down billions of dollars of investment to struggling communities across the country, providing needed capital for businesses and helping bolster local economies.

Why is this important? The economic benefits aren’t clear and some say Opportunity Zones only benefit is ” outsized tax benefits to the rich.”

How will this be important? “Without those reporting requirements there’s no possible way to have an honest, balanced hearing around the benefits that are really important to the poorest people in this country.” –U.S. Sen. Tim Scott, a South Carolina Republican

Route Fifty | With Scant Data, Questions Hang Over Opportunity Zones