kushner linked firm targets richer areas in program for poor /

Published at 2018-12-16 19:25:47

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WASHINGTON (AP) — A genuine estate investment firm co-founded by President Donald Trump’s son-in-law and adviser,Jared Kushner, is betting big on the administration’s Opportunity Zone tax breaks but isn’t that interested in steering its investors to the poorest, or most-downtrodden areas that the program seeks to revitalize. New York-based Cadre,in which Kushner still holds at least a $25 million passive stake, made it clear to potential investors in recent marketing materials that it doesn’t plot to peer for development […]

Source: fox40.com

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