LIIF Comments on Opportunity Zone Data Collection
On May 31, 2019, LIIF submitted a comment letter to the Department of Treasury in response to the agency’s request for information (RFI) on data collection and tracking for Qualified Opportunity Zones. Based on LIIF’s more than 35 years of experience as an intermediary dedicated to transforming low-income communities, we enthusiastically support strong data collection and reporting requirements in the rules and regulations structuring the new Opportunity Zones tax incentive. Of paramount importance in community development finance is the ability to track and demonstrate measurable outcomes – be it poverty reduction, job creation, education attainment, access to high-quality child care, health care, healthy food, and affordable housing – in low-income communities.
Read the full letter >