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Linda E. McMahon, head of the U.S. Small Business Administration praised the establishment of Opportunity Zones.

President Trump has signed an Executive Order establishing the White House Opportunity and Revitalization Council. The Council, chaired by Secretary of Housing and Urban Development Ben Carson and comprised of 13 Federal agencies, including the Small Business Administration (SBA), will focus on ways to better spur economic development by encouraging long-term investments in distressed communities.

“President Trump has been delivering on the promises he made to strengthen our nation’s economy and generate meaningful opportunities for communities to grow and thrive. I see this firsthand when I visit small businesses  who are taking advantage of the policies and are investing and growing their businesses, as well as providing a needed boost to their own vibrant communities,” said McMahon. “Nearly 35 million Americans live in communities designated as Opportunity Zones .”