National Charrette Institute and MSU Extension provide training to Michigan communities on Opportunity Zones
The National Charrette Institute’s Director Holly Madill and Michigan State University Extension educators developed and are hosting a training series on Opportunity Zones.
The National Charrette Institute’s Director Holly Madill and Michigan State University Extension educators developed and are hosting a training series on Opportunity Zones. With support from the Michigan State Housing Development Authority and the Michigan Economic Development Corporation, six trainings will take place from April to June across Michigan.
Enacted as part of the 2017 Tax Reform Package, Opportunity Zones are intended to bring long-term capital investment to rural and low-income communities to increase income and jobs. This training is designed to help local units of government quickly respond to potential within Opportunity Zones in their communities.
As part of the training, Madill and MSU Extension educators explain Opportunity Zones and walk through how communities can evaluate their current situation, create and share their community’s vision, and align and attract new investments with this new investment instrument.
When thinking about the charrette process relative to Opportunity Zones, Madill says “The NCI charrette framework is a great technique to either prepare a vision for a community or to prepare a project with a developer for a site within an Opportunity Zone.”
She adds that “the compressed timeframe and the unique engagement of a wide variety of stakeholders that can propel a vision to reality quickly, makes a charrette an ideal tool for communities and developers to take advantage of the time-limited Opportunity Zones.
For more information on the NCI approach and how they can be used for Opportunity Zones, contact Holly Madill at email@example.com or visit the National Charrette Institute. To learn more about these workshops visit Opportunity Zones Workshop Series.