A new episode of SOCAP’s podcast series, Money + Meaning is now available!
A Conversation About How Opportunity Zones are Working in Baltimore
“Can we in Baltimore be on the front lines of figuring out new ways to use Opportunity Zones to really build community wealth?”
–Ben Seigel, Baltimore Opportunity Zones Coordinator
The New York Times’ recent story on Opportunity Zones, How a Trump Tax Break to Help Poor Communities Became a Windfall for the Rich, has generated a lot of controversy and criticism of the tax incentive legislation. But many still see Opportunity Zones as a way to drive investments that will build wealth a nd create social impact in marginalized communities. There are many examples of positive change happening when impact investors design with communities instead of for them.
How can the great community development work that was already being done at the local level be connected with big top-down policies like Opportunity Zones?
In the latest episode of Money and Meaning we take a look at inclusive community development in Baltimore with a focus on Opportunity Zones. Recorded live at a SOCAP 365 event in Baltimore, this episode features a cross-sector panel of community leaders, investors, and Opportunity Zone experts, including Baltimore’s own Opportunity Zone Coordinator Ben Seigel. Seigel and the other panelists discuss local community led initiatives, Opportunity Zone investment, and the challenges and opportunities of co-creating with communities at scale.
About Money + Meaning
Money + Meaning is the official podcast of SOCAP. This series aims to expand the conversation around impact investing and strategies to finance and support social change while stimulating innovative and valuable new partnerships across sectors.