24 OPPORTUNITY ZONE MAGAZINE | VOLUME 2 • ISSUE 1
OPPORTUNITY ZONES ARE VITAL TOOL FOR AMERICA ’ S
JOB GROWTH
By OZ Magazine Staff
Success stories of how OZs have created jobs across the country by stimulating economic development and investment in distressed areas .
With just over 3 years since inception , Opportunity
Zones have swept across the nation and spurred growth in poor and distressed areas . The investments have created jobs with the help of new OZ developments , Qualified Opportunity Zone Businesses and Qualified Opportunity
Funds . It is estimated that OZs have generated about 500,000 jobs , attracted $ 75 billion in capital investments and are helping to lift more than 1 million people out of poverty , according to the White House Council of Economic Advisers .
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