Community capital stacks bring the right money to the table in new ‘opportunity zones’

  • The abundance of equity capital that may be headed to America’s poorest communities through such tax-incentivised funds by itself won’t transform neighborhoods for the better.

Real estate funds move into opportunity zones, raising concerns about displacement

  • FundRise has called for “a joint initiative among all opportunity funds” to share data about the impact of investments, including building “a shared framework and combined database.”

Impact investors mobilize around inclusive Opportunity Zones

The passage of the Investing in Opportunity Act created equal parts enthusiasm and anxiety. Now, worry has, at least in part, begun to shift toward a mobilization of resources, networks and identified best practices for effective community investment. The provision of last year’s U.S. tax bill lets investors defer and even reduce capital gains taxes by

Opportunity Zones need responsive, transparent and long term investments

  • Community development finance... is the backbone of strong cities and communities.
  • The Opportunity Zone program... is a significant departure from other community investment programs.
  • Investments in these zones... need to be responsive, transparent, long term and reach all communities that need them.