1) Only 1/3 of OZs received any OZ $, >50% went to 9 OZs
2) Concentrated in tracts with already high and growing jobs, BA, & home price/rent
3) Largely market rate residential / mixed-use
www.urban.org/research/pub...
www.urban.org/research/pub...
1) Only 1/3 of OZs received any OZ $, >50% went to 9 OZs
2) Concentrated in tracts with already high and growing jobs, BA, & home price/rent
3) Largely market rate residential / mixed-use
www.urban.org/research/pub...
www.urban.org/research/pub...
Excited to share new findings from project-level data in Ohio, preview our tract-level tool to inform the next round of governors' OZ designations, & have 2 great panel discussions!
Join Urban on 10/29 @ 1:00 p.m. ET for a virtual #event on new insights into Opportunity Zone investments—plus guidance for states and local #leaders.
#LiveatUrban
Excited to share new findings from project-level data in Ohio, preview our tract-level tool to inform the next round of governors' OZ designations, & have 2 great panel discussions!
TLDR: 2/3 OZs get investment; bias towards highly invested/appreciating places; little $ to rural; no/minimal effects on econ growth indicators; largely RE; many projects would've still happened without incentive
TLDR: 2/3 OZs get investment; bias towards highly invested/appreciating places; little $ to rural; no/minimal effects on econ growth indicators; largely RE; many projects would've still happened without incentive