Working to ensure that Opportunity Zones are a force for good in your community


With the creation of a new national academy for Opportunity Zones, Smart Growth America and our LOCUS coalition of responsible real estate investors continue to be on the forefront of helping communities use this tax incentive as a force for equitable growth that’s mutually beneficial for both investors and most importantly the people who live and do business in them. 

Economic development LOCUS Technical assistance

The Rockefeller Foundation and Smart Growth America Launch National Opportunity Zones Academy

Press Release
The Rockefeller Foundation and Smart Growth America today announced the launch of the National Opportunity Zones Academy, which will help cities drive sustainable growth in Opportunity Zones by attracting socially responsible investment. Five cities so far have been selected to participate: Chicago, Greater Miami and the Beaches, Pittsburgh, Seattle, and Norfolk, VA.

Economic development LOCUS

Meet the inaugural class of LOCUS’ Massachusetts Opportunity Zones Academy


How can cities and towns maximize the positive impact of their Opportunity Zones? The answer is different for every community, and that’s why LOCUS and Smart Growth America are offering tailored technical assistance to six Massachusetts communities in the first-of-its-kind Massachusetts Opportunity Zones Academy.

LOCUS

How one city is priming itself for Opportunity Zone investment


How does a city make sure it’s ready for investment? A question weighing on many municipal minds is how to organize planning, economic development strategies, and zoning regulations to make it clear to residents, developers, and investors that this is the right place to be. Further, how does a community encourage investment without sacrificing the characteristics that make it an attractive community to its residents?

LOCUS

Local leader takes action on Opportunity Zones


Much of the buzz around Opportunity Zones has centered on big cities, but Councilman Bruce Lockett of Pine Bluff, Arkansas is determined to show potential investors that his community—and other small towns like it—should not be overlooked. Last year, he championed a local ordinance to create a task force of community stakeholders charged with raising Pine Bluff’s profile and attracting investment to the town’s three Opportunity Zones.

LOCUS

Sprawl or smart growth: the future of Opportunity Zones

The newly created Opportunity Zones program will likely go down as the largest and most significant federal community development initiative in U.S. history, with trillions of dollars in new private investment about to start flowing into pre-designated low-income communities around the country.

Advocacy Economic development LOCUS

LOCUS Opportunity Zones National Ranking Report

The Tax Cuts and Jobs Act of 2017 included a new powerful economic development tax  incentive – Opportunity Zones – designed to encourage long-term private capital investment in America’s low-income communities. With over 8,700 Opportunity Zones – spanning the entire continental US, the District of Columbia and US territories – now eligible to tap into … Continued

LOCUS