Shapiro Discusses how Higher Education Institutions can use Opportunity Zones
David Shapiro, chair of the Firm’s Tax Practice, is quoted in Inside Higher Ed. The article discusses how federal tax reform has impacted higher education. According to David, some universities are looking to Opportunity Zones as a new potential financing tool.
"… There has been this trend where universities aren’t necessarily developing the areas around their campuses by themselves," said David. "They’re looking to outside funding, and a lot of universities are in or adjacent to opportunity zones. In terms of building additional student housing, expansion of research facilities and things like that, we are seeing a lot of interest around developing opportunity zone financing."
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