June, 2019 - OZFund, Inc.

Will ‘opportunity zone’ tax breaks help low-income communities?

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The 2017 tax law created more than 8,700 “opportunity zones” around the country, where investors receive tax breaks in exchange for putting money in designated, low-income areas. It’s an approach that, according to its supporters, will spur economic development. But critics say it may not do much for the residents it was designed to help.