Title:
Federal Opportunity Zones: The newest gentrification tool?
Federal Opportunity Zones: The newest gentrification tool?
Authors
Carter, Melody
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Abstract
The Federal Opportunity Zones tax incentive has taken over the conversation
amongst professionals in the economic and community development world for the past
year. The legislation sparked from a think tank exploring ideas about how to tap into a
large amount of private capital – unrealized capital gains. With $6.1 trillion of unrealized
U.S. capital gains, thought leaders imagined a mechanism to drive this source of private
dollars into communities around the country that are most disinvested. Attempting to
bridge the economic prosperity gap that is so prevalent in the U.S., the Federal
Opportunity Zones were enacted.
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Date Issued
2019-05
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Masters Project
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