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Though the new opportunity zone regulations have caused investor excitement, the lack of restrictions could do more harm than good in Philadelphia.
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The opportunity zone program's success (or lack thereof) may correlate to the number of tracts allocated to different regions.
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A rush of investors are getting involved in Opportunity Zones and some worry low-income areas won't benefit.
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The hottest opportunity zones in DFW have one thing in common: They were pretty popular even before the government created opportunity zones.
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The Opportunity Zone Program is getting underway. Will it work?
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The opportunity zone program is more than just saving tax benefits, it is a chance to uplift neighborhoods, said USC Professor Gary Painter.
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The deadline for designating Opportunity Zones has passed, and patterns are beginning to emerge among the areas local governments have targeted for investment.
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Youngwoo & Associates has partnered with online investment platform EquityMultiple to launch a fund aimed at investing in opportunity zones, with a $500M goal.
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Companies such as Fundrise, Enterprise Community Partners, RXR Realty and OPZ Capital are planning to launch funds targeting Opportunity Zones.
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As investors and developers get more clarity on opportunity zones, they are building relationships with communities and city officials.
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