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Opportunity Zones: Understanding the Background and Potential Impact in Northeastern Illinois

Author

Listed:
  • Jason Keller
  • Erin Kenney
  • Mark O'Dell
  • Elizabeth Schuh

Abstract

This article offers a primer on: Opportunity Zones, highlighting the designation process for census tracts in northeastern Illinois; Qualified Opportunity Funds (QOF) ? the vehicle that will facilitate investment in designated areas; and finally, how QOFs will help facilitate the goals of the Chicago Metropolitan Agency for Planning?s ON TO 2050 Plan.

Suggested Citation

  • Jason Keller & Erin Kenney & Mark O'Dell & Elizabeth Schuh, 2019. "Opportunity Zones: Understanding the Background and Potential Impact in Northeastern Illinois," Profitwise, Federal Reserve Bank of Chicago, issue 1, pages 1-16.
    • Handle: RePEc:fip:fedhpw:00045
    as

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    File URL: https://www.chicagofed.org/~/media/publications/profitwise-news-and-views/2019/pnv1-2019-opportunity-zones-cmap.pdf
    File Function: Full text
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