Whether you agreed or disagreed with the 2017 Tax Cuts and Jobs Act adopted by congress, it is hard to find a local leader or state governor balk at the provisions that established Opportunity Zones (O-Zones) to encourage private investment. If utilized correctly, the program will help attract private investors to spur job creation and have other positive economic gains in historically distressed census tracts throughout the country. Last week Governor John Bel Edwards and Louisiana Economic Development released Louisiana’s designated census tracts to be submitted for “O-Zone” designation. Of Louisiana’s 150 tracts that were designated, Caddo Parish is fortunate to have seven tracts for pote
New effort could help kick-start efforts to increase affordable housing was approved by the Caddo Parish Commission. Caddo, La- Caddo Parish Commissioners voted 7-5 to adopt Ordinance 5759 of 2018 by Commissioner Steven Jackson to identify and dedicate $1 million in Parish funding to fund the E. Edward Jones Housing Trust Fund. The ordinance has been discuss since October 2017 has been the subject of debate but is a significant victory for non-profit and for profit developers seeking to provide affordable housing options. “This is a huge building block to really lay the foundation for more equitable development,” said Commissioner Steven Jackson, author of the ordinance. “With all the TIFs a
Parish of Caddo becomes the first Parish Government in Louisiana to move forward with laying the foundation for the evolution to 5G internet technology. Caddo, La., April 8, 2018 — The Caddo Parish Commission has unanimously moved forward with a streamlined approached to delivering faster internet network speeds, and is helping meet the needs of improved wireless connectivity and service at their facilities and nearby areas throughout Caddo Parish. Resolution No 25 of 2018 by Commissioner Steven Jackson (D- District 3) authorizes the Caddo Parish administration to begin negotiating with telecommunication companies to place small cell facilities on parish owned facilities. The resolution i
