LOS ANGELES, March 29, 2019 /PRNewswire/ — Forbix Financial Group is continuing to pursue its philanthropic efforts by partnering with US HART and sponsoring the Opportunity Zones Black Capitalism Fund Summit (OZBCFS). The summit, which was deliberately held in the middle of Black History Month as a celebration, seeks to unite Native American, White American, and African American capitalist endeavors to create “Red, White, and Blue Capitalism.”
With high political tensions throughout the country, the summit brought together a diverse group of community leaders to discuss the Opportunity Zones Black Capitalism Fund. The goal of the fund is to raise $5 billion dollars to invest in Opportunity Zones across the United States, in places such as South Carolina, Maryland, New Jersey, and the U.S. Virgin Islands. The investment will lead to economic development by creating jobs and providing affordable housing.