A Letter on Behalf of the Presidents' Council on Impact Investing, a Group of 20 Leading U.S. Foundations with a Shared Commitment to Impact Investing and More Than $80 Billion in Combined Assets.
Across America, from city halls and community meetings to board rooms and chambers of commerce, local leaders are working hard and fast to understand what it means to live in and invest in an Opportunity Zone. This year, governors designated more than 8,700 low-income communities as Opportunity Zones, responding to a provision in the 2017 tax law aimed at incentivizing private investment in small businesses, affordable housing and other drivers of economic opportunity.
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