Opportunity Zones Are Trumpeted at Innovative Housing Showcase

September 24, 2025

The U.S. Housing and Urban Development Secretary Scott Turner recently participated in a panel discussion about opportunity zones during the Innovative Housing Showcase on the National Mall. Turner, who previously served as executive director of the White House Opportunity and Revitalization Council, emphasized that opportunity zones deliver jobs and economic stability to people in need, stating they're "about people" rather than just buildings. Fellow panelists Ja'Ron Smith and Jill Homan highlighted the bipartisan nature of opportunity zones and noted they have become a permanent part of the tax code following the passage of the "Big, Beautiful Bill.

Who is affected

People living in economically distressed communities (opportunity zones)
Low-income communities seeking capital investment
Local community members who need jobs and housing
State governors who nominate opportunity zones
Investors who may receive preferential tax treatment

What action is being taken

U.S. Housing and Urban Development Secretary Scott Turner is promoting the opportunity zone program
The opportunity zone initiative is continuing to attract capital to low-income communities
Community leaders are being encouraged to use tax incentives creatively to bring in jobs
Panelists are discussing the Trump administration's approach to opportunity zones at public events

Why it matters

Opportunity zones provide jobs and economic stability to people in need
The program has become a permanent part of the tax code
The initiative has bipartisan support, making it more sustainable
The program offers tax incentives that can attract investment to economically distressed areas
It represents a private sector approach to addressing economic challenges in low-income communities

What's next

No explicit next steps stated in the article

Read full article from source: The Washington Informer