Earlier this week, United States Secretary of Education, Betsy DeVos, announced nearly $100 million in grants awarded to school districts, colleges, universities, and nonprofits that elevate and empower teachers. Many of the grants are going toward funding projects located in Opportunity Zones.
13 grants totaling $63.6 million—allocated for the Teacher and School Leader Initiative Program—overlap with a Qualified Opportunity Zone. Additionally, 10 grants were awarded to colleges and universities, located within Opportunity Zones, through the Teacher Quality Partnership Program.
More information on these grants can be found here.
Thank you to those who sent in an Opportunity Zone tip over the last couple of weeks. This edition of the Opportunity Zone Outlook highlights an exciting Opportunity Zone investment in an operating company submitted by one of our weekly readers. Read about that and more below.
If you would like to share an Opportunity Zone deal, development, or question, please respond to this email.
President, Javelin 19