White House Opportunity and Revitalization Council Publishes Implementation Plan
The White House Opportunity and Revitalization Council Wednesday published its implementation plan on administrative reforms and initiatives to target, streamline, coordinate and optimize federal resources in economically distressed communities, including opportunity zones (OZ). The council, which is chaired by U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson, identified more than 160 federal programs where OZs could be targeted through grant preference points, loan qualifications, reduced fees and eligibility criteria modifications. The council has completed action on more than 50 programs. HUD announced that the council would develop an opportunityzones.gov website and will conduct listening tours sessions in OZs and other distressed communities.