Duluth MNOppCo Workshop
2:00 p.m. | THURSDAY, August 6th
This workshop updated Duluth stakeholders on the opportunity zone incentive, including a review of its basics, clarifications in federal guidance on its use, and its use for businesses. Dannielle Lewis of Wipfli, who has worked on numerous opportunity zone deals, will share her expertise on the tools use for economic recovery. The LISC Duluth & Cogent team will discuss the importance of a shared community vision for equitable development and discuss how opportunity zones can advance recovery and resilience.
- Welcome and Introductions
- Did You Forget About Opportunity Zones?
- Guide to Opportunity Zones and the Final Regulations
- How Could Critical Community Leadership Drive Equitable Development?
- Real Projects in Duluth
Local Initiatives Support Corporation (LISC) is the nation’s leading community development organization, we have offices in 31 cities and work in hundreds of rural communities across the country. In collaboration with local groups, we help identify priorities and challenges for low-income communities, formulate comprehensive strategies to address them and deliver the most effective support to meet the needs on the ground.
LISC Duluth is dedicated to working with residents and community-based development organizations to transform neighborhoods into healthy places to live, do business, work, and raise families. Since 2007, LISC Duluth has invested over $90 million in housing and real estate, economic activity, incomes and wealth of families, education and safe environments. Learn more out the impact of our work. LISC Duluth’s Opportunity Zone work is being funded in part by The Bush Foundation and the Opportunity Zone Fund of the Duluth Superior Area Community Foundation.
At Cogent, we speak the language of philanthropy, business, and impact investing. We apply traditional investment discipline, community engagement, and creative design to impact investing and strategic advising. We work with a diverse set of mission-driven investors and entrepreneurs through evidence-based and actionable advice. If you are a foundation, social entrepreneur, philanthropist, or investor that wants to use the tools of finance and sustainability to change the world, please reach out to learn more.
Dannielle Lewis is a senior manager in the tax practice, focused on serving clients in the construction and real estate industry. She leads Wipfli’s team of Qualified Opportunity Zone specialists and is a frequent speaker on this topic. She also advises clients on complex tax transactions involving partnership interest exchanges or business sales. Dannielle stays up to date on the ever-changing tax laws and recognizes opportunities for new and potential clients to help save and structure their funds. She leverages her proactive planning and advising to ensure clients reach their goals and are successful.
Elissa Hansen is the President & CEO of Northspan. She invests her time creatively advancing others’ capabilities and has spearheaded the creation of the Minnesota Opportunity Collaborative. She leads Northspan with more than 20 years of experience in business and economic development across Minnesota and Wisconsin.
Karl Schuettler is the Director of Research & Marketing at Northspan. He manages the community development programming, provides support services to local communities, and researches and analyzes economic trends. He holds a bachelor’s degree from Georgetown University and a master’s degree in urban and regional planning from the University of Minnesota.