New Hotel or Affordable Housing? Race Is On to Define ‘Opportunity Zones’

Wall Street Journal, July 13, 2018–Ruth Simon, Richard Rubin (subscription)
A new Marriott hotel in the Phoenix area might seem a world apart from an affordable-housing complex in the Watts neighborhood of Los Angeles, but both are poised to benefit from the new “opportunity zone” program created in last year’s federal tax overhaul.