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Loren Taylor Hopes to Use Federal “Opportunity Zone” Tax Breaks to Foster Local Development

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The Oakland City Council is seeking ways to minimize displacement of tenants and small businesses and leverage community benefits under the federal Opportunity Zone Program in the U.S. tax code created by the Trump Administration, which has so far been criticized for offering huge tax breaks to wealthy investors who open businesses or build real estate projects in low-income urban neighborhoods.

Under current tax regulations, there are no requirements for investors to consult with city governments or create jobs, build affordable housing or other projects to promote equity and programs that would benefit local communities.

Recently, there have been exposés, including in the New York Times, citing how these Opportunity Zone programs around the country have enriched billionaires. Congresswoman Rashida Talib (D – Mich.), among others, is backing legislation to repeal this part of the tax code. “The American people have been scammed,” she said.

Locally, District 6 Councilmember Loren Taylor has been working with the City Administration to design an Opportunity Zone program that can be leveraged to develop projects that serve Oakland neighborhoods, while avoiding some of the most damaging aspects of the Trump regulations that would displace local residents and businesses.

“There has been a very intentional focus on bringing equity and a community orientation to a program that was not designed to do so. We all acknowledge that,” said Taylor, speaking at Tuesday’s Community and Economic Development (CED) Committee meeting.

“We’re doing a little bit of judo, using other people’s momentum against them so that we can advance our own efforts. That’s really what we’re doing on behalf of our community,” he said.

Gloria Bruce of East Bay Housing Organizations said, “This (legislation) carries a lot of urgency about displacement and how investment can happen without displacement. “As currently framed at the federal level, (the regulations) are place-based, not people based; so, we really need to center people in this conversation,” she said. “Nationally, there has been a big amount of investigative reporting, (including) in the New York times, about how this tool has mostly been used to (fund) projects that have already would have happened or things that are luxury development(s). we don’t want that to happen in Oakland.”

The federal government has designated 30 Oakland census tracts in East and West Oakland as Opportunity Zones. Investors who make a long-term investment or property in one of these census tracts can defer or reduce their federal capital gains taxes.

“Oakland’s Opportunity Zones have more renters, higher poverty rates, and larger Black and Latinx populations than the city overall,” according to the report prepared by city staff for Tuesday’s Community and Economic Development (CED) committee meeting.
While the city seeks to promote equity and community benefits in local development, “federal regulations do not currently require local community benefits or investor reporting to local governments, (although) projects must still comply with local development regulation”.

According to the staff report, “…local governments can influence Opportunity Zone investment by highlighting and supporting beneficial local projects.” There are a number of potential local projects proposals, but the underlying obstacle. is where to find funding or investors.

“The City’s Opportunity Zone goals should be to increase engagement and local awareness of the designation, help direct investment to projects that benefit Oakland’s Black population, communities of color and women-owned businesses, and prevent displacement due to loss of affordable residential and commercial space,” the report said.

Seeking to implement Opportunity Zones in Oakland, the city administration has already formed an Opportunity Zone Working Group that includes the Departments of Economic and Workforce Development, Planning and Building, and Housing and Community Development.

The City has also received funding from the Rockefeller Foundation to create a new position, Chief Opportunity Zone Officer, (who has already been hired) to support equitable development in Opportunity Zones, whose work will be supported by two VISTA volunteers.

“The first reported investments in Oakland, as well as nationwide, have been in hotels and primarily market-rate housing located in the Uptown/Downtown area,” the report said. “Funds for projects in West and East Oakland exist but are still raising capital.”

Seeking to repeal the Trump Tax Code regulations, Rep. Tlaib said in a statement, “Opportunity Zones were supposed to help uplift low-income community and those living in poverty, but instead we are seeing them benefit billionaires and their luxury projects….the current Opportunity Zone law fails to drive real benefits to low-income communities instead often rewarding President Trump’s donors.”

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COMMENTARY: The National Protest Must Be Accompanied with Our Votes

Just as Trump is gathering election data like having the FBI take all the election data in Georgia from the 2020 election, so must we organize in preparation for the coming primary season to have the right people on ballots in each Republican district, so that we can regain control of the House of Representatives and by doing so, restore the separation of powers and balance that our democracy is being deprived of.

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Dr. John E. Warren Publisher, San Diego Voice & Viewpoint
Dr. John E. Warren, Publisher San Diego Voice & Viewpoint Newspaper. File photo..

By  Dr. John E. Warren, Publisher San Diego Voice & Viewpoint Newspaper

As thousands of Americans march every week in cities across this great nation, it must be remembered that the protest without the vote is of no concern to Donald Trump and his administration.

In every city, there is a personal connection to the U.S. Congress. In too many cases, the member of Congress representing the people of that city and the congressional district in which it sits, is a Republican. It is the Republicans who are giving silent support to the destructive actions of those persons like the U.S. Attorney General, the Director of Homeland Security, and the National Intelligence Director, who are carrying out the revenge campaign of the President rather than upholding the oath of office each of them took “to Defend The Constitution of the United States.”

Just as Trump is gathering election data like having the FBI take all the election data in Georgia from the 2020 election, so must we organize in preparation for the coming primary season to have the right people on ballots in each Republican district, so that we can regain control of the House of Representatives and by doing so, restore the separation of powers and balance that our democracy is being deprived of.

In California, the primary comes in June 2026. The congressional races must be a priority just as much as the local election of people has been so important in keeping ICE from acquiring facilities to build more prisons around the country.

“We the People” are winning this battle, even though it might not look like it. Each of us must get involved now, right where we are.

In this Black History month, it is important to remember that all we have accomplished in this nation has been “in spite of” and not “because of.” Frederick Douglas said, “Power concedes nothing without a struggle.”

Today, the struggle is to maintain our very institutions and history. Our strength in this struggle rests in our “collectiveness.” Our newspapers and journalists are at the greatest risk. We must not personally add to the attack by ignoring those who have been our very foundation, our Black press.

Are you spending your dollars this Black History Month with those who salute and honor contributions by supporting those who tell our stories? Remember that silence is the same as consent and support for the opposition. Where do you stand and where will your dollars go?

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Activism

Congresswoman Simon Votes Against Department of Homeland Security, ICE Funding

“They need accountability. Republicans already gave these agencies an unprecedented $170 billion for immigration enforcement, funding they have used to conduct raids at schools, separate families, and deploy a masked paramilitary who refuse to identify themselves on American streets. This bill gives them more funding without a single reform to stop unconstitutional, immoral abuses,” she said.

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Congresswoman Lateefah Simon (D-CA-12). File photo.
Congresswoman Lateefah Simon (D-CA-12). File photo.

By Post Staff

Congresswoman Lateefah Simon (D-CA-12) released a statement after voting against legislation to fund the Department of Homeland Security (DHS), which supports Immigration and Customs Enforcement (ICE) and U.S. Customs and Border Protection (CPB).

“Today, I voted NO on legislation to fund the Department of Homeland Security through Feb. 13, 2026.

“ICE and CBP do not need more funding to terrorize communities or kill more people,” she said in the media release.

They need accountability. Republicans already gave these agencies an unprecedented $170 billion for immigration enforcement, funding they have used to conduct raids at schools, separate families, and deploy a masked paramilitary who refuse to identify themselves on American streets. This bill gives them more funding without a single reform to stop unconstitutional, immoral abuses,” she said.

“The American people are demanding change. Poll after poll of Americans’ opinions show overwhelming support for requiring ICE agents to wear body cameras and prohibiting them from hiding their faces during enforcement actions. This is the bare minimum transparency standard, and this funding legislation does not even meet this low bar,” Simon said.

“Republicans in Congress are not serious about reining in these lawless agencies. Their refusal to make meaningful changes to the DHS funding bill has consequences that go beyond immigration enforcement. TSA agents who keep our airports safe and FEMA workers who help our communities recover from disasters are stuck in limbo due to Republican inaction.

“The Constitution does not have an exception for immigrants. Every person on American soil has rights, and federal agencies must respect them. The East Bay has made clear at the Alameda County and city level that we will hold the line against a violent ICE force and support our immigrant communities – I will continue to hold the line and our values with my votes in Congress.”

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Activism

Post Newspaper Invites NNPA to Join Nationwide Probate Reform Initiative

The Post’s Probate Reform Group meets the first Thursday of every month via Zoom and invites the public to attend.  The Post is making the initiative national and will submit information from its monthly meeting to the NNPA to educate, advocate, and inform its readers.

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iStock.
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By Tanya Dennis

The National Newspaper Publishers Association (NNPA) represents the Black press with over 200 newspapers nationwide.

Last night the Post announced that it is actively recruiting the Black press to inform the public that there is a probate “five-alarm fire” occurring in Black communities and invited every Black newspaper starting from the Birmingham Times in Alabama to the Milwaukee Times Weekly in Wisconsin, to join the Post in our “Year of Action” for probate reform.

The Post’s Probate Reform Group meets the first Thursday of every month via Zoom and invites the public to attend.  The Post is making the initiative national and will submit information from its monthly meeting to the NNPA to educate, advocate, and inform its readers.

Reporter Tanya Dennis says, “The adage that ‘When America catches a cold, Black folks catch the flu” is too true in practice; that’s why we’re engaging the Black Press to not only warn, but educate the Black community regarding the criminal actions we see in probate court: Thousands are losing generational wealth to strangers. It’s a travesty that happens daily.”

Venus Gist, a co-host of the reform group, states, “ Unfortunately, people are their own worst enemy when it comes to speaking with loved ones regarding their demise. It’s an uncomfortable subject that most avoid, but they do so at their peril. The courts rely on dissention between family members, so I encourage not only a will and trust [be created] but also videotape the reading of your documents so you can show you’re of sound mind.”

In better times, drafting a will was enough; then a trust was an added requirement to ‘iron-clad’ documents and to assure easy transference of wealth.

No longer.

As the courts became underfunded in the last 20 years, predatory behavior emerged to the extent that criminality is now occurring at alarming rates with no oversight, with courts isolating the conserved, and, I’ve  heard, many times killing conservatees for profit. Plundering the assets of estates until beneficiaries are penniless is also common.”

Post Newspaper Publisher Paul Cobb says, “The simple solution is to avoid probate at all costs.  If beneficiaries can’t agree, hire a private mediator and attorney to work things out.  The moment you walk into court, you are vulnerable to the whims of the court.  Your will and trust mean nothing.”

Zakiya Jendayi, a co-host of the Probate Reform Group and a victim herself, says, “In my case, the will and trust were clear that I am the beneficiary of the estate, but the opposing attorney said I used undue influence to make myself beneficiary. He said that without proof, and the judge upheld the attorney’s baseless assertion.  In court, the will and trust is easily discounted.”

The Black press reaches out to 47 million Black Americans with one voice.  The power of the press has never been so important as it is now in this national movement to save Black generational wealth from predatory attorneys, guardians and judges.

The next probate reform meeting is on March 5, from 7 – 9 p.m. PST.  Zoom Details:
Meeting ID: 825 0367 1750
Passcode: 475480

All are welcome.

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Dr. John E. Warren Publisher, San Diego Voice & Viewpoint
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