NAWRB’s Response to IRS Notice of Proposed Rulemaking for Opportunity Zones

27 December 2018

To Whom It May Concern,

Women in the Housing & Real Estate Ecosystem (NAWRB) is writing in response to the Notice of Proposed Rulemaking for the Opportunity Zones provision of the Internal Revenue Code (Section 1400Z-2)

NAWRB’s decade-long history in social impact through our data analytics, media engagement, connections with senior executives and expert leaders across the housing ecosystem, and involvement in government legislation, drives our ability to facilitate greater returns on communities, helping them thrive and be sustainable for generations to come. Our primary role in Opportunity Zones is connecting and advising key players on the best way to positively impact distressed communities.

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White House Creates “Opportunity and Revitalization Council” for Opportunity Zones

On Wednesday, Dec. 12, 2018, the White House announced that it would be exerting more governmental resources to facilitate the development of the Opportunity Zone tax incentive with the establishment of the White House Opportunity and Revitalization Council. Department of Housing and Urban Development Secretary Ben Carson will serve as council chair among representatives from thirteen agencies.

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