Impact of Opportunity Zones

The Impact of Opportunity Zones: An Initial Assessment

Unlike antipoverty transfer programs—which raise taxes and reduce the incentive for program recipients to participate in productive economic activity—Opportunity Zones (OZs) lower taxes to stimulate economic activity in distressed areas. Relative to other place-based policies, the OZ incentives are more open-ended and less top-down in their design, which makes OZs more effective at attracting investment to communities most in need.

This report, provided by The Council of Economic Advisers, evaluates the initial benefits of the potential of the Opportunity Zone model.

Download the report here.