Opportunity Zone Fever, Debate Spreads From Birmingham To The Bronx

By Noah Buhayar and Caleb Melby

In a former warehouse on a dimly lit street in the South Bronx, developers sipping Puerto Rican moonshine listened as a local official urged them to capture a new U.S. tax break by rebuilding the decaying neighborhood.

In Alabama, a young lawyer quit his job after seeing the same tax break’s potential to help one of the nation’s poorest states. He now spends his days driving his Hyundai from town to town, slideshow at the ready, hoping to connect investors with communities.

To read the full article, please visit the Alabama NewsCenter website.

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