Understanding the Relationship between Opportunity Zones and Displacement Pressure in Chicago

Blog post by Geoff Smith, Will Holland, Sarah Duda
February 2019

Institute for Housing Studies   (Chicago)

This blog highlights how Chicago’s designated Opportunity Zones align with displacement pressure in the city’s neighborhoods and discusses what this means for the implementation of Opportunity Zone investments. It highlights the need to consider affordable housing strategies alongside Opportunity Zone investments and illustrates where in the city there is a risk that Opportunity Zone investments may exacerbate current affordability challenges. This blog also highlights the need for tracking changing conditions in Opportunity Zone neighborhoods and monitoring how investments might be impacting neighborhood stability and housing affordability.