Zone Selection - Not All Opp Zones Are Created Equal Old Data (2010 Census) • Opp Zone designations were based on 2010 Census - stale measure • Downtown Brooklyn, LIC, LA Arts District, Wynwood Miami etc. have changed dramatically over the last decade Non-residential Pockets • Many tracts have non- residential areas that don't have income • Museums, hospitals, airports, distribution centers • E.g. Museum Mile adjacent to Mt. Sinai Hospitals, Las Vegas strip by McCarran Airport v ,,o r0 " ° o? 4 r G o 0 X .. • .. • ... 9 90 Downtown Brooklyn ""` • Income is not a full picture of demographics and area potential • Grad students are 'cash poor' but with great potential • USC, Columbia, UPenn campuses are vibrant areas despite lower student incomes 4 Contiguous Tracts • Tracts contiguous with qualified Census tracts may be included in Opp Zones to create more uniform areas • Resulted in inclusion of some highly coveted areas - e.g. West and East of 1-87 in San Jose are very different areas )4, Downtown 0 San Jose 9 0 9 0 Go sly Diridon 0 14 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0071206 SDNY_GM_00217390 EFTA01375651