Since GOPC delivered its findings to The Columbus Foundation in early 2018, The Columbus Foundation has used GOPC’s assessment to further shape the philosophy that will drive grantmaking in the neighborhood, as well as the first few specific investments. Backed by the findings of Positioning Milo-Grogan for Success, initial grants in the neighborhood are supporting home repairs for current and long-time residents, as well as community engagement, distribution of resident newsletters, and efforts to align civic capacity.
Last month, the Treasury Department issued its second round of proposed Opportunity Zones guidelines. These guidelines follow an initial round issued by the Treasury Department in October 2018. Both sets of guidelines aim to answer questions raised regarding investments in Qualified Opportunity Zones through Qualified Opportunity Funds.