Opportunity Zone Gentrification: Federal Government Signals It Wants to Track the Results - McDermott Will & Emery

Opportunity Zone Gentrification: Federal Government Signals It Wants to Track the Results

Overview


Steven Hadjilogiou commented on the Treasury Department’s April 16 notice about measuring the community impact from opportunity zone investments. “There’s no teeth to it,” said Hadjilogiou. “They are just collecting data. They are not changing the rules of how these zones work. You can still have your major companies coming in and gentrifying an area. These rules don’t change anything that they would otherwise be doing.”