Turner traveled to the City of Brotherly Love on Thursday to meet with local community and business leaders to discuss and tour recently revitalized areas of the city and Opportunity Zone projects, which are defined as economically distressed areas across the nation that incentivize investment and economic development through federal tax benefits to investors. "Philadelphia has done a great job as it pertains to Opportunity Zones… And I would say, and I will say, there's a lot of excitement from our private development people, and partners around the country about the extenuation of Opportunity Zones. But it's the private sector, it's faith-based, it's the nonprofits that really have their hands to the plow and their feet on the ground, that are doing the everyday work."
Author: Emma Colton
Published at: 2025-03-30 19:57:31
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