The Presidents’ Council on Impact Investing, with representatives from 20 foundations, released recommendations for investors and regulators working in Opportunity Zones. Since the 2017 tax law established Opportunity Zones to incentivize investment for economic development, Governors have designated over 8,700 low-income communities for the opportunity. With 31 million Americans living in Opportunity Zones, the foundation presidents recommend consistent, transparent, and authentic engagement with communities to champion residents and their needs. MacArthur President Julia Stasch is co-chair of the Presidents’ Council, convened by the U.S. Impact Investment Alliance.
