Webinar: Opportunity Zones
FOR IMMEDIATE RELEASE
June 29, 2018
URBANA, Ill. - University of Illinois Extension’s Community and Economic Development team will co-host Kenan Fikri, Director of Research at Economic Innovation Group for a free Local Government Education webinar, Opportunity Zones on Wednesday, July 25, 2018, from 10AM – 11AM CST. Co-hosts for the event include the Southeastern Alliance of Illinois and the Richland County Development Corporation.
The Opportunity Zones program is a new economic development program established by Congress in the Tax Cuts and Job Act of 2017. This widely-supported program encourages long-term investment and job creation in low-income urban and rural communities, by allowing investors to re-invest unrealized capital gains in designated Opportunity Zones.
Kenan Fikri serves as EIG’s Director for Research and Policy Development. Prior to joining EIG, Kenan was a Senior Policy Analyst and Associate Fellow at the Brookings Institution’s Metropolitan Policy Program. There he was responsible for conceptualizing and executing a wide array of economic research and policy projects. An expert in place-based economic analysis, Kenan has considerable experience advising state and local officials on economic development and regional competitiveness strategies. Kenan has also served as a consultant with The World Bank Group’s competitive cities team. Kenan obtained his Master’s Degree in Local Economic Development from the London School of Economics and his Bachelor’s in International Relations and Economics at American University.
The webinar will cover an overview of the Opportunity Zones program, explaining what it is and what it is not, how the program works, and what Opportunity Funds are allowed to invest in.
Source: Nancy Ouedraogo, Extension Specialist, Community Economic Development, email@example.com
Pull date: July 25, 2018