Co-Hosted by Confluence Philanthropy and Sustainable Agriculture & Food Systems Funders (SAFSF)
The Opportunity Zone program that was created as part of the 2017 federal tax reform unlocks up to $6.1 trillion of unrealized capital gains for investment in marginalized communities by providing substantial tax benefits to investors. As early funds get ready for deployment in 2019, many questions remain around how to ensure that funds truly benefit communities in need. Promise exists for low-income housing, sustainable food and agriculture infrastructure, revitalization of rural and urban communities, and more. However, there is also real concern about the possibilities of benefits flowing to outside investors rather than community members, gentrification, and exacerbated inequity.
Join this webinar on December 11 for a high-level overview of what Opportunity Zones are, how they are structured, and how impact driven groups are looking to engage with and invest in Opportunity Zones. We’ll explore some of the ways in which Opportunity Zones relate to social and racial justice, food and agriculture systems, infrastructure, and alternative investment structures. We’ll also highlight opportunities for grantmakers and impact investors to take action in support of the communities they care about.
12/11/18 3:00pm — 4:00pm
Co-Hosted by Confluence Philanthropy and Sustainable Agriculture & Food Systems Funders (SAFSF)
The Opportunity Zone program that was created as part of the 2017 federal tax reform unlocks up to $6.1 trillion of unrealized capital gains for investment in marginalized communities by providing substantial tax benefits to investors. As early funds get ready for deployment in 2019, many questions remain around how to ensure that funds truly benefit communities in need. Promise exists for low-income housing, sustainable food and agriculture infrastructure, revitalization of rural and urban communities, and more. However, there is also real concern about the possibilities of benefits flowing to outside investors rather than community members, gentrification, and exacerbated inequity.
Join this webinar on December 11 for a high-level overview of what Opportunity Zones are, how they are structured, and how impact driven groups are looking to engage with and invest in Opportunity Zones. We’ll explore some of the ways in which Opportunity Zones relate to social and racial justice, food and agriculture systems, infrastructure, and alternative investment structures. We’ll also highlight opportunities for grantmakers and impact investors to take action in support of the communities they care about.