On September 21, the Economic Innovation Group (EIG) hosted a webinar to discuss how state and local governments are considering Opportunity Zones (OZ) as part of broader strategies to deliver COVID-19 and economic relief funding, and how OZ equity is being integrated into the suite of economic development financing tools.
The unprecedented level of recent federal funding directed to city, regional, and state governments has presented an opportunity for public-sector leaders to strategically structure programs and deploy capital positioned to attract OZ investment. Guest speakers discussed considerations for targeting this public investment to OZs, including eligible uses of funds, community needs, and alignment with investor needs and behavior in the OZ marketplace, as well as insights on program design and deployment strategies.
