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And it appears there has been relatively little use of opportunity zone money to lift the fortunes of those living in severely impoverished surroundings. A study by scholars at the University of California, Irvine, using somewhat earlier data, found “at best modest positive effects on the average earnings of zone residents” and “no evidence that Opportunity Zones reduce local poverty rates.”

For the full story, please visit https://www.governing.com/urban/can-opportunity-zones-ever-meet-their-poverty-fighting-promise.