Treasury risks dropping the ball on Opportunity Zones accountability

July 25, 2019

Opportunity Zones have inspired hope for many, but also a growing fear. The hope is that the tax break will spur investment in distressed communities where real wages are falling and rents are rising, where small businesses are closing and inequality is widening. The fear, for proponents and critics alike, is that greedy speculators will run up the tab for taxpayers while harming current residents.