Mayors Press for 'Opportunity Zones' Regulations in Treasury Meeting

Route Fifty: A group of mayors let Treasury Secretary Steven Mnuchin know during a meeting here on Thursday that they're itching to see guidance for the Opportunity Zones program and offered suggestions about what they'd like it to include.

One point the mayors emphasized is that they would like to see the guidelines allow other federal and state tax incentives, and economic development programs, to be used in conjunction with the Opportunity Zones initiative, which offers tax breaks meant to attract capital to low-income communities.

Read article