SGA’s take on introduced opportunity zone reform bill

Last week, a bipartisan group of senators introduced a bicameral bill aiming to reform opportunity zones, the Opportunity Zones Transparency, Extension, and Improvement Act. Smart Growth America (SGA) views the opportunity zone reform bill as a necessary step to advance more equitable outcomes through opportunity zones, which have not benefited the historically underserved communities, nor the small, minority-owned and legacy businesses, as intended.  Additionally, SGA notes that opportunity zones are not sufficient in advancing our goal of delivering more attainable housing near transit, a key tool for smart growth.

Economic development LOCUS

Smart growth highlighted as key strategy for climate change mitigation in IPCC report

In light of rising emissions and failed climate promises, the IPCC released a report emphasizing the urgency of reducing emissions and highlighting the role of smart growth as a tactic to support emissions reduction. To prevent communities from experiencing even more harmful effects of climate change, the IPCC calls on governments and businesses to take … Continued

Climate Change

SGA statement on new SEC climate disclosure requirements

Yesterday, The U.S. Securities and Exchange Commission (SEC), the agency empowered to oversee financial markets, announced a proposed rule change that would require publicly traded companies in the U.S. to disclose their greenhouse gas emissions and climate-related risks, while also indicating how these risks will impact their businesses and strategy in the future. Smart Growth … Continued

Climate Change