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HUD Secretary highlights private-public partnerships in reviving Philadelphia's underdeveloped areas.
HUD Secretary Scott Turner emphasized the role of private-public partnerships in revitalizing Philadelphia's neglected areas, showcasing projects like a new grocery store and a luxury hotel built in Opportunity Zones.
These zones attract private investment through tax incentives, aiming to boost economic development in underdeveloped regions.
Turner also stressed the importance of local efforts over federal solutions to address homelessness and poverty.
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El Secretario del HUD destaca las asociaciones público-privadas en la reactivación de las áreas subdesarrolladas de Filadelfia.