Posts tagged empowerment
Investors and communities win when they work together

There are currently 193 different opportunity zones in Los Angeles, and Garcetti believes they hold possibilities for everyone. As a US manufacturing hub, LA’s OZs offer investors a myriad of operating businesses for investment, as well as real estate. Likewise, with 24% of the city still living in poverty, the need for new capital from investors is substantial. The key to a successful outcome for both parties, Garcetti says, is to ensure development “is done with a conscience – involving local residents in the process, without displacing them, and providing jobs to local people.” 

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