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The Tax Cuts and Jobs Act of 2017 provides a new incentive—centered around the deferral, reduction, and elimination of capital gains taxes—to spur private investments in low-income areas designated by states as Opportunity Zones. This provision is based heavily on the Investing in Opportunity Act (S. 1639) introduced by Senator Cory Booker (D-NJ) and Senator Tim Scott (R-SC). Given the significant interest among investors, it is possible that this new tax incentive could attract hundreds of billions of dollars in private capital, making this one of the largest economic development initiatives...
Topics: Community development, Funding, Legislation & Policy, Mobility, Place-based
Shared by Mica O'Brien
on Dec 5, 2018 0
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This report examines four specific aspects of the challenge before us:
• The need for a much greater supply of homes affordable to our nation’s lowest-income seniors.
• The importance of transforming homes and communities so that seniors can age with options, a desire shared by the overwhelming majority of older adults.
• The imperative to better integrate health care and supportive services with housing, recognizing that this integration has the potential to improve health outcomes for seniors and reduce the costs borne by the health care system.
• The need to deploy technologies on a far...
Topics: Cost effectiveness, Funding, Health, Home visiting, Homelessness, Housing, Legislation & Policy, Low-income, Medicaid / Medicare, Partnerships, Place-based, Preventative care, Seniors, Supportive housing
Shared by Housing Is
on Jul 12, 2018