Scott Turner has emerged as a key advocate for the Opportunity Zones initiative, a federal program created to foster economic growth in underserved communities. As the former executive director of the White House Opportunity and Revitalization Council and now a prominent leader at the U.S. Department of Housing and Urban Development, Scott Turner’s vision centers on attracting private investment to areas that need it most.
Opportunity Zones were established in 2017 as part of the Tax Cuts and Jobs Act. The idea was to provide tax incentives for investors willing to invest in economically distressed neighborhoods. According to Rep. Mike Kelly, Sen. Tim Scott, and Secretary Scott Turner, these zones have already channeled more than $89 billion in private investment into communities nationwide and helped create over 500,000 jobs in just two years.
Scott Turner has repeatedly stressed the impact of Opportunity Zones: "Instead of letting capital gains sit idle, we are unlocking economic growth where it is needed most." For instance, Erie, Pennsylvania, has turned around its downtown area with more than $400 million in long-term investment, resulting in new housing, businesses, and renewed community pride.
The Opportunity Zones program has delivered measurable benefits in several cities. Oconee County in South Carolina transformed a historic textile mill into new housing, retail space, and public green areas. These projects not only provide homes and jobs but also boost local morale and spur additional community investments. The South Carolina Technology & Aviation Center, for example, has attracted over $6.1 billion and generated thousands of jobs, a testament to what the program can achieve when public and private sectors collaborate.
Not everyone agrees on the effectiveness of Opportunity Zones. According to The Urbanist’s op-ed, while redevelopment brings investment, the benefits do not always reach long-time residents. Some projects have led to gentrification, making it harder for locals to afford to stay in their neighborhoods.
Scott Turner recognizes these concerns. He advocates for greater transparency, stronger accountability, and deeper collaboration with communities. "The goal," he says, "is revitalization without displacement—growth that lifts everyone."
Cities like Seattle and Tacoma have begun to align Opportunity Zone projects with community needs. The Othello Square complex in Seattle, for example, was designed to offer affordable housing, a community health center, and educational facilities. These success stories show that with proper planning and community involvement, Opportunity Zones can truly make a difference. Still, as critics point out, reforms are needed to ensure investments consistently benefit the people who live there.
The future of Opportunity Zones hangs in the balance, as Congress debates an extension of the original tax provisions. Scott Turner, alongside allies in Congress, is pushing for continued and expanded support for the initiative. If the provisions are not extended, Turner warns, "projects years in the making could stall, and communities could miss out on vital capital and jobs."
For Opportunity Zones to fulfill their promise, investments must prioritize community needs, affordable housing, and small business growth. Turner and others encourage policymakers to embed community safeguards in future legislation. This would ensure the impact of the program endures and expands.
Scott Turner’s leadership represents a hopeful path for Opportunity Zones. With a focus on equitable development, transparency, and local engagement, these places can become thriving communities for all residents. If you want to learn more about the ongoing effort to reform and strengthen Opportunity Zones, read this detailed op-ed collaboration by Turner and other national figures. For a perspective on both the successes and challenges, The Urbanist’s analysis is a must-read.
Smart investments, championed by leaders like Scott Turner, can unlock true potential. The path ahead requires vigilance, reform, and a commitment to inclusive growth.