Decentralized Opportunity Zones is the Future of Work-Life Balance

In the Portland, Maine industrial opportunity zone, a homeless shelter is planned as a residence in a business but businesses in residence are not permitted.

Stephanie Klepacki Unsplash

Homelessness is not an isolated social status. It is the extremity of continuous social-economic fabric, with each thread interwoven to create the whole.

The Homeless Tax Shelter

The homeless shelter proposed by the Portland, Maine city council is advanced by developers taking advantage of 2017 opportunity zone tax advantages. There are multiple social issues entangled in the political web of the proposed homeless shelter, starting with why is a homeless shelter being proposed in an industrial zone?

To all appearances, the Portland, Maine homeless shelter will be financed using opportunity zone tax advantages for investors. an assumption based on the location of the planned homeless shelter in an opportunity zone and that the developers charged with the financing are intimately connected with the CEI-Boulos Opportunity Fund, an award-winning social impact leader in opportunity zone financing that weaves non-profit and for-profit streams of concentrated wealth…