Earlier this week, DC Mayor Muriel Bowser announced 3 new initiatives intended to maximize opportunity zones (OZ) benefits in the nation’s capital.
The city committed $24 million to properties that support affordable housing, workforce development and the growth of small businesses in the district’s 25 OZs.
Mayor Bowser also announced the OZ Community Corps to provide free legal and other advice, as well as an online OZ marketplace for sponsors, fund managers, investors and community members.
For more information about Washington, DC’s Opportunity Zones, visit oppzones.dc.gov
While this will not help my brackets at all, it is a super step forward for DC’s 25 OZ’s, well done Mayor!
-Brad A. Molotsky, Esq.