U.S. opportunity zones can positively impact real estate development and help local communities. But to fully realize the program’s potential, it needs reform.
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Articles on Opportunity Zones
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Recent scandals involving economic development programs in New Jersey and Maryland highlight their many flaws, including a lack of oversight and their ineffectiveness.
A new program uses tax incentives to encourage investors to help revitalize low-income communities. Research on similar programs from the past suggest it doesn’t work to reduce poverty.
