The state of Georgia's Opportunity Zones designations included one choice that raised questions about the purpose of the new federal program.
"Georgia recently unveiled its 260 'Opportunity Zones' — designations included in a new federal program, aimed at spurring investment in struggling areas," reports Stephannie Stokes.
The state's choice of Opportunity Zones has raised some eyebrows, however, as the list includes the neighborhood of Edgewood on Atlanta’s eastside. According to Stokes, Edgewood "might not fit many people’s image of struggling," as homes are selling for $900,000 and new apartment buildings open around MARTA transit stops.
Similar questions about designating gentrifying areas as Opportunity Zones have also been raised in Portland, Oregon.
FULL STORY: Georgia’s ‘Opportunity Zones’ Include Gentrifying Atlanta Neighborhood
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City of Albany
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research