BG Podcast Episode 60: Opportunity Zones with City of Austin's Christine Maguire

Welcome The BG Podcast! Conversations at the intersection of business, community, and public policy, from the Austin metro and around Texas. Today we speak with Christine Maguire, Redevelopment Division Manager at City of Austin. She and Bingham Group CEO A.J. discuss opportunity zones. NOTE: Dec. 31, 2019 is the last day to invest in Qualified Opportunity Zone Fund to recognize maximum program benefits Opportunity zones prioritize socially responsible investment by working with private sector businesses and investors to invest in Qualified Opportunity Zone Funds to qualify for federal tax incentive provision. These funds invest in businesses, real estate, or business assets located in an Opportunity Zone, which are classified by census tracks. Austin has 21 census tracts designated as Opportunity Zones. Learn more about opportunity zones through the City of Austin. This episode was originally recorded on September 12, 2019. ABOUT CHRISTINE MAGUIRE Christine leads the Division in the Economic Development Department that structures public-private partnerships and revitalization initiatives in a manner that achieves important community goals. Notably, she has worked on developments such as Mueller, Seaholm EcoDistrict, Second Street Retail District, Colony Park, Souly Austin, and M&O PIDs. ABOUT OUR SPONSOR Thanks to our podcast sponsor Regions Financial Corporation! Regions is a member of the S&P 500 Index and one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Through its subsidiary, Regions Bank, it operates approximately 1,500 banking offices and 2,000 ATMs across the South, Midwest and Texas (including 10 branches in the Austin metro). Learn more here. Subscribe to BG Reads to get episodes emailed to you every Wednesday. The BG Podcast is produced by BG Media Group, LLC (2019)