The federal "opportunity zone" tax incentive was intended to spur redevelopment in struggling cities like New Castle, where several buildings along the city center, including the post office, are vacant. But investors instead appear to prefer already growing areas like Philadelphia.
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Sara Simon/Spotlight PA
The federal "opportunity zone" tax incentive was intended to spur redevelopment in struggling cities like New Castle, where several buildings along the city center, including the post office, are vacant. But investors instead appear to prefer already growing areas like Philadelphia.
Communities are optimistic about the program, but are the opportunity zones working to create investment in communities that need it the most?
Joining us on Thursday’s Smart Talk to discuss opportunity zones are two journalists who have reported on the initiative. Charlotte Keith is with Spotlight PA, an independent, non-partisan newsroom powered by The Philadelphia Inquirer, PennLive and the Pittsburgh Post-Gazette, and PA Post Reporter Ed Mahon.