The Advocate: Opportunity Zone tax breaks sparking investor stampede in Louisiana

Rob Lalka, executive director of the Freeman School’s Albert Lepage Center for Entrepreneurship and Innovation, was quoted in a New Orleans Advocate story about the Opportunity Zone tax break program, which has received criticism for failing to build in accountability mechanisms to ensure that investments flow to the most economically challenged areas.

“From the beginning, the law was only going to work as intended with robust public-private collaboration, focusing on community impact and economic growth,” said Tulane professor Rob Lalka.

“That must remain the focus as investments begin to take shape,” he added, noting that there have been some academic initiatives to develop a system of accountability.

To read the article in its entirety, visit theadvocate.com:

https://www.theadvocate.com/new_orleans/news/business/article_47f445b4-780c-11e9-9c0b-bf0333494d16.html