Opportunity Knocks: Opportunity Zones and Their Impact

04/15/2019 05:30 PM - 08:00 PM ET

Admission

  • Free

Location

Thelma D. Burns Building
575 Warren St.
Dorchester, MA 02121
United States of America

Description

Opportunity Knocks

 

Learn about Opportunity Zones & how they will impact the neighborhoods and businesses of Roxbury + Dorchester

 

MONDAY, APRIL 15, 2019 | 6 - 8 PM

 

THELMA D. BURNS BUILDING

575 WARREN STREET

DORCHESTER, MA 02121

 

RSVP REQUIRED AT OPPORTUNITYKNOCKS.EVENTBRITE.COM

 

Many conversations have been held about the potential impact of the new Opportunity Zone program, but none have been held in actual Opportunity Zones. BECMA, in partnership with the Boston Ujima Project and LISC Boston, is changing this by convening a conversation meant to bring all stakeholders -- residents, business owners, developers, investors, civic and nonprofit organizations -- to the table in or near Boston Opportunity Zones. The goals of the discussion are to:

1.) Share critical resources and information on what Opportunity Zones are
2.) Develop community guidelines for desirable Opportunity Zone investment projects
3.) Connect investors and developers with business owners and residents in Opportunity Zones

Ticket types are broken up in a way that will allow us to match the proper groups with one another

Have a question? Ask us at info@becma.org. Space is limited. RSVP is required: opportunityknocks.eventbrite.com. Refreshments will be provided.

Why is this important?
It is estimated that there are $6+ trillion in untapped investment dollars in the United States. The new Opportunity Zone program, created under President Trump's tax cuts of 2017, seeks to divert those dollars to economically distressed areas, which tend to mostly be communities of color. Two major areas have been designated in Boston: one surrounding Dudley Square and the other Franklin Park. Greater investment in these areas has the potential to stem the tide of gentrification and reduce the wealth gap or to exacerbate the problem and displace residents and businesses.