As extra data turns into available, the excitement generated by the Opportunity Zones program is anticipated to rise. Soon we are going to see more of those initiatives coming to fruition. While some challenges lay ahead with these new initiatives, there is no doubt that Opportunity Zones are a gorgeous funding possibility.
Importantly, there is no one-size-suits-all strategy to spur funding. Some alternative zones in quickly transitioning areas will probably succeed at attracting funding with none state intervention. For example, Assembly Square in Somerville, Massachusetts, is one of the area’s busiest buying facilities, with deliberate investments to add 5 million square ft of workplace house already in the works. This investment pattern could point out that Massachusetts may not need … Read More