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Enticing Investment
Opportunity zones are attracting investment in lower-income areas of Sacramento to help revitalize communities
A relatively new tool is drawing investors to economically distressed communities in Sacramento. “Opportunity zones,” enacted as part of the federal Tax Cuts and Jobs Act of 2017, gives investors incentives to bring business and development projects to designated low-income areas by eliminating or deferring capital gains taxes.
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Tomorrow’s Tech Workforce
The Rapid Acceleration, Innovation and Leadership Sacramento grant program awards organizations that invest in the city’s underserved communities to create careers for the future
Some startups recognize there is untapped workforce potential in Sacramento’s underserved communities and have made it their mission to empower them. But to serve the underrepresented populations they seek to support, these startups need some assistance themselves.
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The Start of a Makeover Story
The Waterfront Idea Makers competition invited professional and amateur designers to revamp the Old Sacramento Waterfront
The Old Sacramento Waterfront has historic charm, but the City of Sacramento is convinced it can offer more. In December 2018, the City asked for proposals from five professional design firms to reimagine the waterfront as part of its Waterfront Idea Makers competition, and it opened the contest to all Sacramento residents in January.
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Charged Up
Electrify America brings an electric-car share program to the Sacramento
Electrify America, an electric-vehicle car-share program, aims to reduce the amount of air pollution in Sacramento.
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UC Davis’ Aggie Square Can Lead to Regional Prosperity
Report cards don’t always deliver the results one hopes for, but they can be great motivators. A group of Sacramento-area business, governmental and civic organizations was recently reminded of this after receiving the outcome of a Brookings Institution economic performance assessment they commissioned.
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Rebuilding, Renewing, Reconnecting
Sacramento’s Twin Rivers project plans to redefine how public housing coexists in a redeveloped neighborhood
Sacramento’s oldest public housing complex, Dos Rios, is named for its proximity to the confluence of the Sacramento and American rivers. Its name may convey a bucolic image of languid days in open country as the rivers’ water glides by, but the complex is at the edge of the urban core, just north of the American River bridge that brings traffic downtown along Highway 160.