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Press Release: LISC Names Annie Donovan as New COO
The Local Initiatives Support Corporation (LISC) has named Annie Donovan, former director of the federal Community Development Financial Institutions Fund (CDFI Fund) and a national thought leader on community investing, as its new chief operating officer.
- Categories
- Investing
- Region
- North America
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Viewpoint: Opportunity Zones Should Deliver More Than Profit and Tax Breaks
Across the country, thousands of communities in or near an opportunity zone could be embarking upon one of the most profound experimental economic programs in generations. Structured correctly, opportunity zone investments can direct billions dollars in private investment toward the kind of new development, skills training and infrastructure upgrades these communities so badly need.
- Region
- North America
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Rockefeller Foundation Aims to Make Tax Perk Work for Poor
The Rockefeller Foundation is set to announce Tuesday that it will hand out $5.5 million to help six U.S. cities promote “responsible” investment in areas designated as opportunity zones.
- Categories
- Investing
- Region
- North America
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Viewpoint: Amid a Crisis of Inequality, $2 Trillion of Tax-Free Investing in Opportunity Zones Could Benefit Both Rich and Poor
More than $2 trillion in unrealized gains sit on the ledgers of investors and corporations, according to the Economic Innovation Group. Investing these funds directly in 8,700 Opportunity Zones (or 1 in 8 U.S. Census tracts) for 10 years or more would eliminate any federal taxes due on those gains – and potentially reduce poverty via job creation and income growth related to those investments.
- Categories
- Investing
- Region
- North America
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Viewpoint: Nipsey Hussle’s Lessons For Investors
It’s incredibly tempting to claim Hussle as an impact investor, given the way he spoke so clearly about the critical importance of recycling money into communities for systemic change.
- Categories
- Investing
- Region
- North America
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Viewpoint: Opportunity Zones knocking, but few investors answering the call so far
The breaks are meant to steer money to parts of the country that have long been starved for capital, creating jobs and economic growth.
- Categories
- Investing
- Region
- North America
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In Uganda, a unique urban experiment is under way
A great experiment is under way in Uganda. An industrial skyline of water and cell towers hovers over sturdy mud huts and small farm plots. Schools and health centers are built from brick, slathered in concrete, and fitted with glass windows. Taps run freshwater, and small solar panels power streetlights, as well as radios blasting music from barbershops, televisions airing soccer matches in community halls, and cell phones snaking from charging stations in shops.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press release: Forbes To Launch Inaugural Opportunity Zones Summit: Investing For Impact
"The Opportunity Zones initiative is the most ambitious federal attempt to expand economic opportunity in low-income areas in a generation, one that could drive billions of dollars into new private investments in struggling communities over the coming decade,” said John Lettieri, Co-Founder, President and CEO, Economic Innovation Group.
- Categories
- Investing
- Region
- North America
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