Sunday, July 07, 2019

Raving Mad-About-Mesa: Say Again #19 For What?

Mayor Jivin' John Giles was 'running-off at-the-mouth' the other day raving that  Mesa was one of the Best-Run Cities in America. Looks like the former track-star and ambulance chaser-accident law/personal injury attorney needs to pause.
He cherry-picked just one of six key categories - Mesa ranks the next-to-last in the second tier of 20 cities in the Overall City Rank. It ranks the Worst #1 for Pollution and Infrastructure, #72 for Financial Stability, and #59 for Education. Let's for the sake of disclosure, knock the mayor down-a-notch-or-two. In the interest of holding the mayor transparent and accountable or responsible for what he says, there's a few things to grab your attention to keep it fair and balanced: data.
Mayors - and city councils - come and go. They get elected for six-year or four-year terms. Some run-out their terms in office and some resign ahead-of-time for various reasons.
There is, however, one non-elected high-salaried city employee who is the city's Chief Executive Officer.
< Mesa City Manager Chris Brady.
He's the one who runs the city from inside City Hall.
He's been doing his job since getting hired-away from San Antonio as an "outsider" in 2005. 15 years is enough time to have created a track-record. The 2019 Wallet Hub Survey says more about the city manager's performance in fifteen years than the mayor's five years on the city council.
In evaluating how well a city is run, what are the top five indicators?
Why are some cities better run than others?
What can citizens do to increase the transparency and accountability of local government?
Are some forms of city government -  a city manager or city council - more effective than others?
_________________________________________________________________________________
2019’s Best-&Worst-Run Cities in America
#1 is the Best:
Jul 1, 2019  |  Adam McCann, Financial Writer
In order to determine the best- and worst-run cities in America, WalletHub compared 150 of the most populated cities across six key categories: 1) Financial Stability
2) Education
3) Health
4) Safety,
5) Economy
6) Infrastructure & Pollution.
Wallet Hub evaluated those dimensions using 37 relevant metrics, which are listed below with their corresponding weights. Each metric was graded on a 100-point scale, with a score of 100 representing the highest quality of service.
Next, they calculated an overall “Quality of City Services” score for each city based on its weighted average across all the metrics.
Finally, for each city, the financial services company divided the Quality of City Services score by the “Total Budget per Capita” (dollar amount) in order to construct a “Score per Dollar Spent” index — displayed as “Overall Rank” in the Main Findings table above — then used to rank-order the cities in the  sample taken by Wallet Hub
(Scroll farther down to see the 37 metrics)
_________________________________________________________________________
HOW DID MESA RANK across all the six categories and the Overall Rank?
Financial Stability: #72
Education: #59
Health: #57
Safety: #35
Economy: #51
Infrastructure & Pollution: #136

________________________________________________________________________
Main Findings for Mesa
Best-Run Cities in America

PLEASE USE THIS LINK > https://wallethub.com/edu/best-run-cities2019
Overall Rank: 19
(Arizona's two bigger cities were ranked Phoenix #34 Tucson #35)
Quality of City Services Rank: 55
Total Budget per Capita: 22
_________________________________________________________________________
"Running a city is a tall order. The larger the city, the more complex it becomes to manage. In addition to representing the residents, local leaders must balance the public’s diverse interests with the city’s limited resources. That often means not everyone’s needs can or will be met. Leaders must carefully consider which services are most essential, which agencies’ budgets to cut or boost and whether and how much to raise taxes, among other decisions.
But how do we measure the effectiveness of local leadership? One way is by determining a city’s operating efficiency. In other words, we can learn how well city officials manage and spend public funds by comparing the quality of services residents receive against the city’s total budget.
Using that approach, WalletHub compared the operating efficiency of 150 of the largest U.S. cities to reveal which among them are managed best . . .

METHODOLOGY

Financial Stability – Total Points: 16.67

  • Moody’s City Credit Rating: Quadruple Weight (~13.33 Points)
  • Outstanding Long-Term Debt per Capita: Full Weight (~3.33 Points)

Education – Total Points: 16.67

  • K–12 School-System Quality: Double Weight (~11.11 Points)
    Note: This metric measures the share of public schools rated by GreatSchools.org with above average score.
  • High School Graduation Rate: Full Weight (~5.56 Points)

Health – Total Points: 16.67

  • Infant Mortality Rate: Quadruple Weight (~6.67 Points)
  • Average Life Expectancy (in Years): Quadruple Weight (~6.67 Points)
  • Hospital Beds per Capita: Full Weight (~1.67 Points)
  • Quality of Public Hospital System: Full Weight (~1.67 Points)
    Note: This metric is based on the Centers for Medicare & Medicaid Services’ ranking of public hospital systems.

Safety – Total Points: 16.67

  • Violent Crime Rate: Quadruple Weight (~4.76 Points)
  • Property Crime Rate: Quadruple Weight (~4.76 Points)
  • Motor Vehicle Fatalities per Capita: Quadruple Weight (~4.76 Points)
  • Share of Sheltered Homeless Persons: Full Weight (~1.19 Points)
  • Perception of Safety (Safety walking alone during daylight/night): Full Weight (~1.19 Points)Note: Composite metric:
    • Safety walking alone during daylight
    • Safety walking alone during night
    These data are based on perceptions of visitors of numbeo.com website in the past 3 years.
    If the value is 0, it means it is perceived as very low, and if the value is 100, it means it is perceived as very high.

Economy – Total Points: 16.67

  • Unemployment Rate: Triple Weight (~2.63 Points)
  • Underemployment Rate: Full Weight (~0.88 Points)
  • Median Annual Household Income (Adjusted for Cost of Living): Double Weight (~1.75 Points)
  • Median Annual Income Growth Rate: Double Weight (~1.75 Points)
    Note: Growth compares the income level in 2017 versus in 2016.
  • Annual Job Growth Rate (Adjusted for Population Growth): Double Weight (~1.75 Points)
    Note: Growth compares the number of employed civilian population in 2017 versus in 2016.
  • Share of Population Living in Poverty: Double Weight (~1.75 Points)
  • Economic Mobility: Triple Weight (~2.63 Points)
  • Growth in Number of Businesses: Full Weight (~0.88 Points)
    Note: Growth compares the number of businesses in 2016 versus in 2015.
  • Change in Housing Prices: Full Weight (~0.88 Points)
    Note: Change compares the price in 2018 versus in 2011.
  • Zillow Home Value 1-year Forecast: Full Weight (~0.88 Points)
    Note: The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now.
  • Building-Permit Growth: Full Weight (~0.88 Points)
    Note: Growth spans 2015 to 2017.

Infrastructure & Pollution – Total Points: 16.67

  • Quality of Roads: Quadruple Weight (~3.03 Points)
    Note: This metric measures the share of pavements in poor condition.
  • Average Commute Time (in Minutes): Full Weight (~0.76 Points)
  • Transit Access Shed: Full Weight (~0.76 Points)
    Note: “Transit Access Shed” is the total area of land that is easily accessible from any point via public transportation.
  • Traffic Congestion: Full Weight (~0.76 Points)
  • Walk Score: Triple Weight (~2.27 Points)
    Note: “Walk Score” measures pedestrian friendliness by analyzing population density and road metrics such as block length and intersection density.
  • Bike Score: Full Weight (~0.76 Points)
    Note: “Bike Score” measures whether an area is good for biking. The Bike Score is calculated by measuring bike infrastructure (lanes, trails, etc.), hills, destinations and road connectivity, and the number of bike commuters.
  • Transit Score: Half Weight (~0.38 Points)
    Note: “Transit Score” is a patented measure of how well a location is served by public transit.
  • Recreation-Friendliness: Quadruple Weight (~3.03 Points)
    Note: This metric is based on WalletHub’s “Best & Worst Cities for Recreation” ranking.
  • Share of Residents with Access to Internet: Half Weight (~0.38 Points)
  • Water Quality: Full Weight (~0.76 Points)
  • Air Pollution: Full Weight (~0.76 Points)
  • Greenhouse-Gas Emissions per Capita: Full Weight (~0.76 Points)
  • Share of Parkland: Triple Weight (~2.27 Points)


kkk

Who Shot JR? Portrait of The Artist (as a revolutionary social activist)

"What is an artist?" is a frequently-asked question.
Simple Answer: A product of society
How do artists express themselves?
Some do it visually. After all, the medium is the message. . in our brave new multimedia global world one artist now pops into your MesaZona blogger's popular mind: JR.
Yes, once again It's that vision thing. > He's a news-maker.
What you see is what U get . . . it's hard to ignore that when JR's art is plastered almost everywhere on sides of buildings and public areas, spread-out on scaffolds, all-over social media, funded by 'stealth philanthropists', and sold online.
If you have no idea who JR is, here's a good introduction
Larger than life displays by French photographer JR - CBS News
https://www.cbsnews.com › 60 Minutes › Newsmakers
______________________________________
In the image to the right, it's the Louvre Museum in Paris with I.M. Pei's iconic glass pyramid
__________________________________________________________________________________
For more: Google Search "JR"
 

Mesa Temple Aerial Update July 6th, 2019

A Drone Fly-Over of the biggest Transformation here in downtown Mesa where no financial details were ever revealed or disclosed to the public by For-profit affiliates of The Church. It's a smaller-scale version of the 23-acre City Creek in Salt Lake City, Utah.
Published on Jul 6, 2019
July 6th, 2019 video update of ongoing progress on the exterior grounds of the Mesa Temple of the Church of Jesus Christ of Latter-Day Saints.
 

Development Services Gets A Do-Over, A New Director + An Audit

Here's just one Do-Over in the City of Mesa's Office of Development Services that received some findings, recommendations, and review for just one of six item on last week's Mesa City Council Study Session:
Approved Minutes Audit, Finance and Enterprise Committee
Meeting Mon 01 July 2019
This meeting was done and over within 33 minutes . . .
Chairperson Duff called the meeting to order at 4:00 p.m.
There were no items from citizens present.
Without objection, the meeting adjourned at 4:33 p.m.
Remarkable. But then again, it's more like what some people say is "business-as-usual" here in the city of Mesa, home to more than 500,000 people who don't seem to participate in their own government.
4 audits were not completed.
A review provides limited assurance on an organization's financial statements. ... This “does it make sense” analysis is useful when the organization needs some assurance about their financial statements, but not the higher level of assurance provided by an audit
_________________________________________________________________________
Mesa got a new Planning Director at the end of last year when John Wesley retired.
New Planning Director for City of Mesa: Nana (Kusi) Appiah
Grammar Usage Note: In Ghana, among the Akan people, particularly the Akyem, Ashanti and Akuapim peoples, The word Nana is used as the title of a monarch to signify their status. . . "King _______"
It's not a first name, as used in many re-postings in a press release from the City of Mesa News Room that was repeated in the Rose Law Group Reporter back in October 2018.
The word Nana has other meanings also. In  informal British - a silly person; a fool (often as a general term of abuse). In Jewish families, Nana is grandmother.
_________________________________________________________________________
CREDENTIALS from this reference: http://sydex.net/page284550 
Education:
1998 – 2002
Bachelor of Science, Land Economy> Kwame Nkrumah' University of Science and Technology, Kumasi  (Ghana)

2004 – 2006
MCRP, Community and Regional Planning > Iowa State University

2010 – 2014
Ph.D, Public Affairs> The University of Texas at Dallas   

2015 – 2015
Certificate
Executive Education: Driving Government Performance
Harvard University John F. Kennedy School of Government   _______________________________________________________________________________
Complexity and Participatory Style of Management
in Government Institutions
The views expressed are those of the author and do not necessarily reflect the views of ASPA as an organization.
Current site map City of Mesa
By Nana Kusi Appiah March 31, 2015
Author: Nana Kusi Appiah is the planning and development manager for Adams County, Colorado. Nana is a member of the American Institute of Certified Planners. Nana holds a doctorate in public affairs from the University of Texas at Dallas and a master’s degree in community and regional planning from Iowa State University.
1 Star2 Stars3 Stars4 Stars5 Stars (7 votes, average: 3.29 out of 5)
 
Introduction
"Having practiced as a city planner over 10 years in three governmental agencies*, I thought implementing change would be easy in jurisdictions perceived to have well-qualified personnel, resources and the backing of elected officials...This complexity of improving operations of government through conscious change efforts usually calls for a participatory style of management and decision-making that includes stakeholders—
  • citizens
  • elected or appointed officials
  • the land development industry
  • employees within the organization.
Undermining active involvement of any of these groups can potentially derail the change efforts or implementation.
* BLOGGER NOTE: These are the three locations where the new Planning Director worked as a city planner before being hired here in Mesa: any reasonable and curious person might ask what in these very different areas from Mesa in most respects, catapulted Nana Kusi Appiah to get hired here?
  • Adams County, Colorado
  • Denton, Texas
  • Polk County, Florida
 ______________________________________________________________________________
Complexity of Change
The participatory tactic of management for leading such change efforts requires a leadership approach capable of employing pluralistic techniques that engage various stakeholders. It also requires a dynamic style of leadership capable of accommodating multiple stakeholder involvement. This is essential . . .
Citizen Participation in Change Efforts
Appiah marchTo produce effective change in a government agency, all stakeholders must be actively involved. . .
More Citizen Participation in Public Agency Change Efforts
According to Sherry Arnestien, public participation in an agency’s change effort is embedded in the U.S. Constitution. Advocates of citizen participation claim that social acceptance of public policy correlates with the perception of fairness and public involvement in the decision-making process.
A solution for issues concerning the public that is devoid of citizen participation is unlikely to be effective. In addition to the benefits of involving the public in agency decision-making, such inclusion promotes the democratic orientation of a community and helps improve public trust for the agency.
File #: 19-0772   

Type: Presentation Status: Agenda Ready


In control: Audit, Finance and Enterprise Committee
On agenda: 7/1/2019

Title: Hear a presentation, discuss, and provide a recommendation on the proposed Audit Plan for FY 2019/20.
Attachments: 1. Presentation
2. FY 2020 Audit Plan
_______________________________________________________________________________
FINDINGS:Development Services
– Fees and Charges Follow-up Review
What did we find?
Cash handling controls need improvement.
• Fees and charges not updated in DIMES
• Manual changes to permit fees are not monitored.
• System access administration needs improvement
• Internal audit process needs improvement.

> Fees and Charges Follow-up Review
System Access
• Implement controls to remove access for terminated/transferred employees.
Internal Monitoring
• Develop a more effective audit process
• Staff training
• Standard forms and procedures
• Follow-up process
-----------------------------------------------------------------------------------------------------------------------


New Planning Director for City of Mesa: Nana Kusi Appiah
"As the Planning Director he will continue transforming neighborhoods in Mesa through collaboration and adoption of sound principles and practices of community planning with well streamlined processes. 
He is committed to maintaining and attracting healthy businesses and a diverse workforce in Mesa."
Education
> a doctorate degree in Public Affairs from the University of Texas at Dallas
> a master’s degree in Community and Regional Planning from Iowa State University
> a bachelor’s degree from the University of Science and Technology, Kumasi, Ghana
__________________________________________________________________________________
PUBLICATIONS:
Date: 01/2007
Iowa State University Ames, Iowa
Master's Thesis for Master of Community and Regional Planning
"The role of government and regulation in the emerging real estate industry in Ghana"
First Advisor: Francis Owusu

File Size 104 pages
Recommended Citation: Appiah, Nana Kusi,
"The role of government and regulation in the emerging real estate industry in Ghana" (2007). Retrospective Theses and Dissertations. 14871.     
https://lib.dr.iastate.edu/rtd/14871/

See page 12: Limitation of the study "Lack of funds made it impossible for the researcher to travel to Ghana to personally
collect the data. As a result a research assistant was hired in Ghana to administer the
questionnaires. Working with a research assistant across distance was very expensive and
time consuming. 
Also lack of reliable data in Ghana on real estate industry and home prices made it
difficult to conduct this housing study. . ."

Date: Summer 2014 University of Texas @ Dallas
PhD Candidates in Public and Nonprofit Management
“A Study of Factors Influencing Public Officials and City Planners to Engage Citizens in Governmental Land-Use Decisions”
Planning Manager, Adams County, Colorado
Professor: Richard K. Scotch
https://epps.utdallas.edu/pnm-phd-graduates/

Member of the American Institute of Certified Planners and has completed the Executive Education Program in Public Leadership at Harvard University’s Kennedy School of Government.
_______________________________________________________________________________
Prior to joining the City of Mesa,
> Development Services Manager for Adams County, Colorado.  In this position, he
  • led the transformation of the Development Service Division
  • streamlined the County’s development review processes
  • guided the County’s various development code amendments and land use policy adjustments.  
> A city planner and planning supervisor for the City of Denton, Texas where he completed complex land use development projects.
In addition, he worked on the City’s comprehensive plan amendment in 2014 and downtown revitalization plans.  
> Began his professional career in Polk County, Florida where he was a key staff planner and guided the County’s adoption of various development code amendments and implementation of the development regulations and concurrency planning.
> He has presented at various academic conferences such as the Urban Affairs Association and the American Society for Public Administrators.
> Nana has published articles in the Public Administration Times that include topics such as citizen participation in land-use decision making, participatory leadership strategies, and complexity of management in the public sector.
Reference: Rose Law Group Reporter 16 Oct 2018
_________________________________________________________________________
Nana Appiah, Ph.D, AICP
CREDENTIALS
http://sydex.net/page284550
Education:> Harvard University
John F. Kennedy School of Government   
2015 – 2015
Certificate
Executive Education: Driving Government Performance
> The University of Texas at Dallas   
2010 – 2014
Ph.D, Public Affairs
> Iowa State University   
2004 – 2006
MCRP, Community and Regional Planning
> Kwame Nkrumah' University of Science and Technology, Kumasi  (Ghana)
1998 – 2002
Bachelor of Science, Land Economy
________________________________________________________________________





Name Search on Facebook > https://www.facebook.com/public/Nana-Kusi-Appiah

Saturday, July 06, 2019

M7.1 California - Details, Solar Fields, Magnetic Reversal | S0 News Jul...

USGS struggling ...

America’s role in the world: A debate at Dartmouth College


Published on May 23, 2019
Views: 2,821
On May 7, 2019, Brookings and the Charles Koch Institute (CKI) co-hosted an event at Dartmouth College, supported by Dartmouth’s John Sloan Dickey Center for International Understanding.
  • Eugene Gholz (University of Notre Dame
  • Jennifer Lind (Dartmouth College)
  • Constanze Stelzenmueller (Brookings Institution)
  • Jake Sullivan (Dartmouth College)
  • Stephen Wertheim (Columbia University)
discussed how the United States should engage with the world, the successes and failures of U.S. foreign policy, and more. The conversation was moderated by Daryl Press (Dartmouth College). This event is part of a broader debate series that Brooking and CKI are co-hosting in cities around the country.
 
You can learn more about the event here: https://brook.gs/2JZJqz1
You can learn more about the overall series, and see past events, here: https://brook.gs/2rWGfAB

From The MacArthur Foundation: Recommendations for Investing in Opportunity Zones

Recommendations for Investing in Opportunity Zones      
July 3, 2019 | Grantee News | Impact Investments
The Presidents’ Council on Impact Investing, with representatives from 20 foundations, released recommendations for investors and regulators working in Opportunity Zones.
Since the 2017 tax law established Opportunity Zones to incentivize investment for economic development, Governors have designated over 8,700 low-income communities for the opportunity. With 31 million Americans living in Opportunity Zones, the foundation presidents recommend consistent, transparent, and authentic engagement with communities to champion residents and their needs. MacArthur President Julia Stasch is co-chair of the Presidents’ Council, convened by the U.S. Impact Investment Alliance.
________________________________________________________________________
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> Related News
Impact Investors Prioritize Strengthening the Field 
Representative Grants & Impact Investments
_________________________________________________________________________________

_________________________________________________________________________________
News from U.S. impact investing alliance 
A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle.
Government and Investors Seek to Lift Opportunity Zones, but Communities Will Define Success
Jun 25, 2019, 08:00 ET                                    
A Letter on Behalf of the Presidents' Council on Impact Investing, a Group of 20 Leading U.S. Foundations with a Shared Commitment to Impact Investing and More Than $80 Billion in Combined Assets
. . . there is no guarantee capital will flow to the most distressed neighborhoods, or to the projects that are best for those who work and live there. Indeed, many such Opportunity Zones are at risk of losing out and falling further behind, while Zones in already-gentrifying parts of urban areas like New York City or Washington, D.C., continue to draw the lion's share of development capital.
As members of the Presidents' Council on Impact Investing, a philanthropic leadership group facilitated by the U.S. Impact Investing Alliance, we have deep and long-standing experience investing in places like Opportunity Zones.
> We know that there is tremendous potential if we invest in the human and social capital that already exists inside these communities.
> And we also know that success will require clear opportunities for community engagement to ensure local context and priorities are front-and-center in every Opportunity Zone.
 
Indeed, success hinges on the extent to which Opportunity Zones enable current residents to engage and equitably participate in defining how new investments ultimately reshape and strengthen the physical, social and economic fabric of their communities.
Fostering that engagement will take intentional, collective action from everyone involved in this nascent market.
Specifically, we call on policymakers, investors, fund managers and philanthropists to work together to ensure communities have a voice in how this policy is implemented.

Fostering that engagement will take intentional, collective action from everyone involved in this nascent market.
  • Policymakers at the federal, state and local levels must leverage appropriate incentives and regulation to protect the voices and advance the priorities of Opportunity Zone residents in this new market. Effective policies, in tandem with civil society and impact investors, should ensure that mayors, county commissioners, local nonprofits and other community stakeholders on the frontlines of this work can access the tools and resources they need to connect with investors and effectively advocate for community interests and outcomes.
  • The Opportunity Zone Reporting Framework, released by the U.S. Impact Investing Alliance, the Beeck Center at Georgetown University and the Federal Reserve Bank of New York, provides a model for how fund managers can consistently, transparently and authentically engage with communities. Investors and fund managers in Opportunity Zones must embrace a set of principles that promote authentic community engagement to determine investment priorities, learn and respond to residents' needs and shape a shared vision for equitable development. Opportunity Fund managers should also be proactive and transparent in measuring and reporting the impact stemming from their investments.
  • Finally, we as impact investors and as grantmakers must stand committed to using our collective voice to champion residents and hold market actors accountable for the outcomes of their investments.
Even these actions taken together do not ensure success.
Opportunity Zones represent less than a quarter of census tracts experiencing distress in the United States. As the rest of the country has enjoyed a decade of robust economic growth following the financial crisis, these distressed communities have slipped further and further behind. Bridging that growing divide and fulfilling the promise of Opportunity Zones for the people living and working inside them today must be the subject of our shared focus and drive.
As members of the Presidents' Council on Impact Investing, we stand committed to supporting this effort. Opportunity Zones have shone a spotlight on specific communities, but if the transformative potential of this policy is realized, the entire nation will benefit from a new wave of inclusive and equitable growth.

About the U.S. Impact Investing Alliance
 U.S. Impact Investing Alliance is a field building organization committed to raising awareness of impact investing in the United States, fostering deployment of impact capital and working with stakeholders, including government, to help build the impact investing ecosystem. The Alliance's members represent more than 1,000 individual and institutional investors committed to achieving measurable social, economic and environmental impact alongside financial performance.
For more information, please visit www.impinvalliance.org.
__________________________________________________________________________________
Impact Investing Leaders Introduce
Opportunity Zones Reporting Framework
The U.S. Impact Investing Alliance and Beeck Center for Social Impact + Innovation at Georgetown University collaborate to create a shared framework to guide best practices in the Opportunity Zones market
NEW YORK, Feb. 6, 2019 /PRNewswire/ -- The U.S. Impact Investing Alliance ("USIIA") and the Beeck Center for Social Impact + Innovation at Georgetown University ("Beeck Center") today released a set of principles and a detailed impact measurement framework to help guide the development of the Opportunity Zones market . . .
The effort to develop a shared understanding of how to measure impact in Opportunity Zones was identified as a key next step by participants in a July 2018 roundtable at the Federal Reserve Bank of New York.
The concept was socialized in October 2018 during a convening of real estate developers and investors hosted by the Beeck Center and was further refined in December 2018 during USIIA-hosted roundtable discussions with venture capital firms and leading wealth management platforms. Building on those meetings, the co-authors worked with a broad array of industry leaders, including investors, asset managers, academics, policy experts and community stakeholders, who all contributed to developing the principles and measurement framework.
These contributors include individuals from:
  • The Federal Reserve Bank of New York
  • Economic Innovation Group
  • The Urban Institute
  • Sorenson Impact Center
  • Rockefeller Foundation
  • Enterprise Community Partners
  • Local Initiatives Support Coalition (LISC
  • and several leading wealth management platforms.
"Opportunity Zones represent a once-in-a-generation opportunity to spur private investment into America's distressed communities. However, in order for us to achieve the transformational impact we hope for, such as equitable growth and economic opportunity, it is important that those entering this market remain committed to transparency and community engagement," said Fran Seegull, Executive Director of the U.S. Impact Investing Alliance.
"The only way we will know if the Opportunity Zones policy is effective is by continuously measuring and proactively evaluating the long-term outcomes," said Lisa Hall, Fellow in Residence at the Beeck Center. "To truly be successful, we should see measurable evidence of social and economic benefits that accrue to the people who live and work in the Opportunity Zones. This framework is meant to guide investors, fund managers and community stakeholders to make sure that they are contributing to that shared goal."
The Opportunity Zones Reporting Framework includes five core principles for Opportunity Fund stakeholders:
Community Engagement: Opportunity Fund investors should request that fund managers integrate the needs of local communities into the formation and implementation of the funds, reaching low-income and underinvested communities with attention to diversity.
Equity: Opportunity Fund investments should seek to generate equitable community benefits, leverage other incentives and aim for responsible exits.
Transparency: Opportunity Fund investors should be transparent and hold themselves accountable, with processes and practices that remain fair and clear.
Measurement: Opportunity Fund investors should voluntarily monitor, measure and track progress against specific impact objectives, identifying key outcome measures and allowing for continuous improvement.
Outcomes: Opportunity Fund metrics should track real change, with an understanding that both quantitative and qualitative measures are valuable indicators of progress.
The Reporting Framework builds upon these principles with a core set of criteria that can be deployed across a range of investment types.
Examples of these criteria include
> the size of the fund, the investment focus (e.g., affordable housing, small businesses, etc.) > the amount of impact generated (e.g., jobs created, new businesses formed, affordable housing created or preserved, etc.).
It further seeks to help articulate how stakeholders collectively can define and measure the long-term outcomes, like educational attainment or economic mobility, of Opportunity Fund investments. . .
"In order for the Opportunity Zones market to function, we need a shared framework to monitor, measure and report on both financial and impact data.
This data will show us where capital is flowing and how that capital is being used, thereby revealing where there are structural barriers and where there are opportunities.
A shared commitment to transparency will help create a more efficient market and ensure that capital flows to the areas—and the people—that need it most," said Seegull
._______________________________________________________________________

The Opportunity Zones policy was passed as part of the Tax Cuts and Jobs Act of 2017. The policy allows individuals and businesses to defer the taxes on their unrealized capital gains by reinvesting the capital into Opportunity Zones, which are low-income communities located around the country. More than 8,700 Opportunity Zones have been chosen by state governors and certified by the Treasury Department.
To learn more about the Opportunity Zones Reporting Framework, please go to www.OZframework.org.
 

Zelensky Calls for a European Army as He Slams EU Leaders’ Response

      Jan 23, 2026 During the EU Summit yesterday, the EU leaders ...