Why Chicago’s opportunity zone program is lagging other cities – Crain’s

Comment: Convincing investors “to funnel that money to Chicago’s zones—which are mostly in areas of extreme need on the city’s South and West sides—has proven to be difficult. Many funds are gravitating to other markets whose zones are in areas that don’t need a tax incentive to fuel development,” this says. That echoes our critique of the whole program that we made last year, linked here.

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