Housing and Urban Development Secretary Scott Turner is revitalizing the role of the private sector in the economically plagued regions of the country that have been neglected for decades, including tours in Philadelphia, which have seen enormous developments since he served in Trump’s first Trump administration.
“The past five years have brought $84 billion in private investment. One million people have escaped poverty. Family values and opportunities zones have risen, while rents have not risen. So the opportunity zone initiative is not only about economic development, but about community development. From Philadelphia.
Turner headed to the Brotherly Love City on Thursday to meet with local community and business leaders to discuss and visit the recently revitalized city and opportunity zone projects, defined as economically plagued nationwide, incentivizing investment and economic development through federal tax benefits to investors. The opportunity zone was created under the first Trump administration to pass the 2017 Tax Cuts and Jobs Act.
Turner served as executive director of the White House Opportunity and Revitalization Committee during the first Trump administration and led the Opportunity Zone Program.
Secretary Scott Turner visited Philadelphia’s battery. (Fox Numbers)
Now, Turner is a secretary to HUD in the second Trump administration, and his excitement for “Opportunity Zone 2.0” will make the program “better than before.”
“I’m very excited about the extension, the continuation of the opportunity zone. If you want, chance zone 2.0, my estimate will be better. So, I look forward to working with Senator Tim Scott, Congress, the White House and our private partners to make it better than before. ” he said.
Turner met with local leaders from the Faladelphia Housing Authority Thursday before visiting the grocery store Sharswood-Blumberg, built near North Philadelphia, which has historically been rocked by crime and economic struggles.
The grocery store, called Grocery Outlet, is part of a comprehensive development that attracted an additional $517 million in private and public investment after HUD announced a $30 million option grant in 2020. The development includes a community center that houses the Philadelphia Housing Authority, a health clinic and other housing.
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Secretary Turner visited a Philadelphia grocery store that used to be a food desert. (Fox Numbers)
Turner also visited a new building near Fishtown, Philadelphia, called Battery, an opportunity zone development that admires nearly 200 apartment units along the Delaware River for the Philadelphia skyline. The building is also home to a luxury boutique hotel called Riversuites in the battery.
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The building was formerly a power plant built after World War I, and it was closed and vacant for decades after World War I, but was not revitalized due to its lofty costs and rehabilitation efforts and had no hope of restoring work. The prospects for the building are shifting in 2020 as the region’s opportunity zone titles and tax incentives preserve historical heritage, attracting $154 million in investment.
Secretary Turner visits Philadelphia. (Turner/x)
Now, the building displays modern living spaces, while Philadelphia-area buildings that were previously overlooked by housing and economic opportunities.
“I’m very excited. We’re in the Philadelphia battery, which is an opportunity zone project. It’s a mixed-use development. It’s an old factory that they reused the building to take advantage of the opportunity zone program to bring mixed-use, economic development and community development. I’m very excited to see it.
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He added: “There is living space here. There is commercial space here. Now people in this area can take advantage of this…50 years the place has been worn and closed down. Now, through investment in the opportunity area, this is a thriving place that Philadelphia can use again.”
Philadelphia battery entrance. (Fox Numbers)
Turner explained to Fox Digital that the development of the opportunity zone affects families and the entire community, while also bringing together economic opportunities for private investors.
“Philadelphia has done a great job with the opportunity zone…I want to say, I want to say, our private development staff and partners across the country are excited about the evacuation of the opportunity zone. Families are affected. We are affected on Hud. We are inspired by Hud. We have community development in economic development, and our mission is our mission. In the United States and opportunity zones are the main factor in that,” he said.
The battery is located right on the Delaware River and retains its history as a power plant. (Fox Numbers)
Philadelphia for crime, fentanyl addiction and Homeless in recent yearsHere are three issues that have spiraled up nationwide and followed the coronavirus pandemic. Turner highlights the Fox News figures’The government is not the answer“Issues related to the U.S. housing crisis, homelessness, drug addiction and crime, but must be “partners” in the private sector, faith-based programs and nonprofits.
“Homelessness is a big deal in our country,” he said. “It grew by 18% last year – one night in January 2024, more than 770,000 people were homeless, which is unacceptable. With the record funding of HUD from HUD, there is still a crisis of homelessness in our country.”
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Secretary Turner visits Philadelphia’s battery. (Fox Numbers)
“Public and private partnerships are crucial to eliminating the homeless,” he continued. “Faith-based institutions, nonprofits that do this work every day, we have to work together. The federal government is not the answer. The federal government is a great partner, a great facilitator. But it is the private sector, it is based on faith, which is really nonprofit, it is actually in their hands, their footsteps and footsteps are done in their daily work.”
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HUD Secretary has been suffering from immigration blitzkrieg, including joining forces with the Secretary of Homeland Security Kristi Noem Last week, a new inter-agency initiative was designed to ensure that the federal housing fund did not provide illegal immigrants. this A pair of Trump officials A memorandum of understanding was signed on Monday that cemented the partnership to end the “waste and misappropriation” of taxpayer-sponsored public housing resources that previously benefited illegal immigration under the Biden administration.
HUD Secretary Scott Turner traveled to Philadelphia Thursday. (US/Joseph Som/Universal Image Group By Getty Image Group)
Turner said illegal immigrants who used government-funded housing were “noted” that he and HUD only prioritized housing for Americans.
“We will not be aware of those who live illegally in public housing funded by HUD,” Turner said. “We will no longer have it.”
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“At HUD, we serve only one-quarter of Americans we should serve, and that has to end,” Turner continued. “So we not only make it a priority, but we think our only priority is that American citizens will benefit from hard-working American taxpayer money.”
