Sen. Booker Asks Treasury to Create ‘Guardrails’ for Opportunity Zones

Wednesday, June 20, 2018 - 11:15am

The Treasury Department should create “guardrails” for the opportunity zones incentive, according to a June 8 letter submitted by Sen. Cory Booker, D-N.J. Booker’s letter  asked Treasury to take care in its oversight of qualified opportunity funds, calling for statements of intent from prospective funds and metrics to measure each fund’s performance.