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Opportunity Zones Good Result From TCJA, Sen. Booker Says

Law360, Washington (May 14, 2018, 8:04 PM EDT) -- The “opportunity zones” created by the recent federal tax overhaul are Washington, D.C.’s best-kept secret and could be a game changer for low-income communities, New Jersey Democratic Sen. Cory Booker told Law360 Monday.

The zones, where investments in low-income communities are encouraged through tax incentives, will drive billions of dollars of capital into distressed neighborhoods, Booker said.

“I’m thrilled about it. I think it’s one of the best-kept secrets in terms of people not knowing that this force is coming,” Booker said. “We’ve had some local...
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