Uncertainty produces hesitation among investors

While there may be significant benefits associated with opportunity-zone investments, a cloud of uncertainty hovers over the program, and many questions about how these zones will be regulated remain unanswered.

“The lack of regulatory guidance from the Department of the Treasury has stymied investment into operating businesses — more complicated than investment into structures but ultimately a more powerful force for sustainable and inclusive growth — in underserved areas,” according to a recent report from the Economic Innovation Group, a bipartisan think tank and economic policy advocacy organization. “If critical issues that would open the door for…