What You Need to Know About Trump Urban Opportunity and Revitalization Zones

What You Need to Know About Trump Urban Opportunity and Revitalization Zones. Join entrepreneur and host of The BROWN Group NY Show Chauncey I. Brown III discussion with Dr. Mallory L. Earle, BS, MPA, Ed. D. (ABD) on what are urban opportunity zones and the impact it could have on rebuilding blighted cities across the country. On Dec. 12, 2018 President Donald J. Trump signs Executive Order on Establishing the White House Opportunity and Revitalization Council. Urban Opportunity Zones are economically distressed communities, defined by individual census tract, nominated by America’s governors, and certified by the U.S. Secretary of the Treasury via his delegation of that authority to the Internal Revenue Service. Under certain conditions, new investments in Opportunity Zones may be eligible for preferential tax treatment. There are 8,764 Opportunity Zones in the United States, many of which have experienced a lack of investment for decades. The Opportunity Zones initiative is not a top-down government program from Washington but an incentive to spur private and public investment in America’s underserved communities.

*Executive Order Establising Opportunity and Revitalization Zones @ https://www.whitehouse.gov/presidential-actions/executive-order-establishing-white-house-opportunity-revitalization-council/ 

*Tune-In LIVE click on link @ https://www.blogtalkradio.com/thebrowngroupny/2020/09/28what-you-need-to-know-about-trump-urban-opportunity-and-revitalization-zones