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>Opportunity Zones have shown a lot of promise at helping to direct capital to under-developed regions,

Not really. All of downtown Portland, OR has been designated an Opportunity Zone[0]. "the Ritz Carlton Hotel that’s going up in downtown Portland was partly funded with these tax breaks."

[0]https://www.opb.org/article/2021/10/22/new-book-looks-at-por...



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