Ensuring that Opportunity Zones investments benefit the people who live and work there was the crux of a recent roundtable led by LISC and the Federal Reserve Bank of New York. An article on Medium.com by LISC’s George Ashton III and the Fed’s Adrian Franco describes the insights—and important takeaways—from community and economic development leaders on the front lines of helping stakeholders shape Opportunity Zone activity in their areas.
LISC and the Walton Family Foundation have launched a new grant program to help charter school operators open facilities in Opportunity Zones and other under-capitalized communities. Applications are available beginning October 1.
The Rockefeller Foundation today announced an innovative collaboration with LISC to implement the foundation's $5.5 million Opportunity Zone Capacity Building Initiative in Washington, D.C., Oakland, Newark, Atlanta, St. Louis and Dallas. LISC will work with city and community leaders to build pipelines of responsible development projects and business investments that attract private capital to Opportunity Zones with nearly 500,000 residents.
If Opportunity Zones are to empower residents, then directing OZ funds to education must be part of the investment equation. That’s the message of an in depth article in Education Next (published by Harvard’s Kennedy School) which cites LISC’s work in the Opportunity Zones—and our OZ playbook for community partners—as vital to helping residents reap the promised benefits of the tax legislation.
We're excited to share the first installment of the LISC Opportunity Zones Playbook series, “Navigating the Opportunity Zones: Community Partners.” This playbook is geared to the people and organizations committed to community revitalization and shared prosperity for all residents. Enjoy and don't miss our new Opportunity Zones websiteRead the Playbook