Davis was invited to speak as part of the Getting in the Zones…. Opportunity Zones session, where he broke down the fundamentals of how an Opportunity Zone is defined and identified as well as their guidelines for use. Also featured during this session were Marysol McGee, Senior Analyst for the Federal Reserve Systems; Jeff Merkowitz, Senior Advisor at the U.S. Department of Treasury and Diane Sumpter, CEO of DESA, which is an operator of the U.S. Department of Commerce’s Minority Business Development Agency Business Center. Collectively, the panelists discussed the overall strategy used in the selection of Opportunity Zones, which included an interactive mapping system. The group also highlighted prospective investment locations, new potential projects in the state and the unique opportunity for minority and women-owned businesses in this space. The conference itself was attended by minority business owners from across the country as well as minority business centers and placed an overarching focus on how minority businesses can prepare themselves to play integral roles in the rollout of the Opportunity Zones legislation. About Opportunity Zones
Qualified Opportunity Zones are geared to ignite economic growth by increasing the scale of investments going to underserved areas in almost 9,000 designated areas in North America and Puerto Rico. The OZ Program represents one of the most significant policy enactments regarding fostering private investments in low income communities.