A tax break to hasten gentrification? Housing market’s Opportunity Zones may miss their target
“In mid-November, a Chicago-based private equity firm with an eye on underserved neighborhoods raised $105 million from 425 investors — in just 17 hours. Around the same time and about a hundred miles away, Milwaukee officials were meeting to discuss what they hope is an influx of money from a fresh wave of investors for badly needed city improvement projects.”