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BCOMM helped launch the
Economic Equity Network (EEN)
at Allen Temple Baptist Church in Oakland, an initiative to help transform communities of color using Opportunity Zone capital.
Opportunity Zone Capital is highly debated, as to whether it is just a tax credit benefit for the wealthy that will be used as a mechanism to accelerate gentrification, or if it will create the 'opportunity for true community wealth building in communities that have historically suffered from disinvestment.
We believe the latter.
There are over 8,700
opportunity zones across
the nation awaiting billions of dollars in investment.
These dollars must flow through Qualified Opportunity Zone Funds, and then ultimately, Opportunity Zone Projects, both of which are
being created by Entrepreneurs of Color and Women.
