On April 17, CalOZ joined 170 other leaders from across the country at the White House Opportunity Zone Conference & Breakout Sessions with State, Local, Tribal, & Community Leaders. The event coincided with the release of the second round of IRS regulatory guidance regarding OZ fund investments.
CalOZ President Kunal Merchant pressed Treasury Security Stephen Mnuchin for details regarding OZ fund metrics and reporting - a critical component to ensuring investments fulfill their intended community purposes.