Paul Solman:
So, the proverbial tax break for the rich. But if they’re investing in a needy neighborhood, what’s not to like?
O.Z. promoter Jill Homan:
Jill Homan, President, Javelin 19 Investments: If the question is, are people just in it to make money, then the answer is, sure, there are investors that all they’re focused on is making money in Opportunity Zones.
But you know what? That’s OK. And investors, as a result of it, are more inclined to look beyond traditional areas of investment.