Posts tagged collaborative action
Newark: A Model for Equity and Collaboration

Glover says that if done right, the potential for opportunity zones in Newark is huge, especially if the legislation is combined with other equitable development strategies. “The New York City metropolitan area has the largest and most diverse work pool in the country,” she explains, “and there’s $4.7 billion in development already underway.” These features will help attract some of the capital unleashed by Opportunity Zone tax incentives.

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Revitalizing Inner City Newark through Collaboration

Baraka believes that further success will come from Opportunity Zones. He points out that “there are whole communities that have been disinvested in since WWII,” when a steady migration out of America’s inner cities and into the suburbs began. This lack of capital continually poses a formidable challenge for distressed communities seeking to implement innovative economic development policies.

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