The New Jersey Department of Community Affairs announced it would award the Pleasantville Housing & Redevelopment Corporation a grant for a 10-year midtown revitalization project through the state's Neighborhood Revitalization Tax Credit program. The grant could also help advance projects facilitated by federal tax breaks given to Opportunity Zones.

As property and equity markets picked up steam in 2021, Opportunity Zone tax incentives attracted investors at a stepped-up pace. As 2021 ended, the question was whether potential investors will continue to be as enthusiastic about Opportunity Zones until fundraising comes to a halt in 2027.

ADU OZ Fund, LLC has launched the first Opportunity Zone Fund for Accessory Dwelling Units (ADU's) to construct multi-family workforce and affordable housing using accessory dwelling units, as well as other housing options.

The Economic Innovation Group (EIG) hosted a webinar to discuss locally-led Opportunity Zones (OZ) strategies to strengthen Main Street corridors. Guest speakers shared insights on how these efforts were initiated, and shared stories about how OZ financing has been used to revitalize historic properties, support small businesses, and expand opportunity for residents.

Downtown Chapel Hill's largest construction project promises to bring much-wanted lab space for biotech companies, which have flocked for years to nearby Durham and Research Triangle Park. Could the fact that the future lab space sits within a federally designated Opportunity Zone lure more of those companies to Chapel Hill?

Nine Democrats on the U.S. House of Representatives' Ways and Means Subcommittee on Oversight sent a letter asking the U.S. Department of the Treasury to consider three ways to boost the benefits of the opportunity zones (OZ) incentive in helping communities in need: implementing a rigorous certification process for OZ funds, allocating a dedicated agency staff to oversee OZs and requiring transaction reporting separate from tax forms.

Intro Bond Finance Course
February 14-15, 2022 - Daily: 12:00 - 5:00 PM Eastern

Advanced Bond Finance Course
February 16-17, 2022 - Daily: 12:00 - 5:00 PM Eastern

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