[BoulderCouncilHotline] Equitable Investment in Opportunity Zones

[Young, Mary]

Dear Colleagues and Community,

The attached file was downloaded from the last link on page 210 of our packet. It offers many recommendations on how to move forward with Opportunity Zones. It is only three pages and worth a read.

An excerpt:

Cities should:
1. Engage residents in setting priorities for investment in the zones.
2. Design and advance local equity policies that govern investments within zones .
3. Dedicate local dollars to projects in Opportunity Zones which can deliver equitable growth,
development without displacement, and healthy communities of opportunity.
4. Monitor and report outcomes of the Opportunity Zone investments, according to performance
indicators such as: living wage jobs created, number of dedicated affordable housing units created or preserved (60 percent of area median income or less), and investments in minority/disadvantaged/women-owned businesses.
5. Explore opportunities to capitalize existing Opportunity Funds and / or establish publicly- administered Opportunity Funds.

Thank you.

Mary Dolores Young
Boulder City Council
303-501-2439

“We are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all indirectly.” ~Martin Luther King Jr.
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