Remembering Jeremy Nowak on today's anniversary of his passing through the gratitude of his mentees, the Urban Innovation Fellows @PEMammen @MisticQuest @cspahr01
@DrexelLab@DrexelUniv@bruce_katz
https://t.co/PSy9m7rVVq
Anchor companies, universities and hospitals in US cities often buy local, hire local and entice individuals to live locally yet DON’T invest their market capital locally — #OpportunityZones could help to change that
Local development leaders and investors see #OpportunityZones as key to their plan to boost new businesses and entrepreneurs in #Buffalo, #NY -- a great example of federal, state and local collaboration: https://t.co/yWqnmMo8q4
Dan Kowalski of US Treasury at the #WhiteHouse March 14th on: The 50% income rule: "You have to have a real business presence in the zone....we don't really care where the income is coming from as long as the things that go into producing that are located inside the zone." #OZVC
Terrific explanation of how #OpportunityZones can change the economics of a deal for greater community impact -- from the developers of a new project in Cleveland.
@bruce_katz@USAccelerate@thefundneo
https://t.co/ixZ0g75GNZ
Excited to announce we are launching the first OZ-Incubator!
We signed a lease today in the Brooklyn Navy Yard OZ which is spending $1B renovating 2M sq/ft over the next 2 years.
We are planning another #OZIncubator! outside Scranton in old coal country as well!
Mississippi will dedicate a portion of its #affordablehousing financing to projects in #OpportunityZones. Great to see this kind of alignment. Public and private dollars unlock more together!
“The whole thesis behind #opportunityzones is that there’s a lot more potential in our country than we’ve often understood. There are communities that have a lot of untapped potential and a lot of capacity to grow if they’re given the tools.” @LettieriDC https://t.co/Be8Z4OxQgD
33% of the 8,762 census tracts designated as #OpportunityZones either contain a hospital or are <1/2 mile from a hospital; @QuantInnovate, @EvanWeissS and I will have a piece soon on the role hospitals can play in making OZs work for the communities they serve