Opportunity Zones Investment Prospectus Guide
The Opportunity Zones Investment Prospectus Guide was designed to speed the process by which a broad group of cities adopt the Opportunity Zones tool and build Investment Prospectuses that are customized to local assets and advantages and scalable across cities by asset classes and product types.
Trump to Steer More Money to Opportunity Zones
President Trump plans to sign an executive order that will push federal agency resources to Opportunity Zones. The President's order will create a White House Opportunity and Revitalization Council, which will work to prioritize zones in a variety of federal efforts, including grant funding, loan guarantees, infrastructure spending and crime prevention.
Want to Invest in Opportunity Zones? Think P3
The state and local governments that figure this out first, and put P3 deals on the table in opportunity zones, will be the ones that capture the early advantages from the new law. On the private-sector side, consider public-private partnerships an essential tool to help create an availability of real estate deals that will satisfy the coming demand.
Rep. Meadows Introduces Disaster Recovery and Opportunity Act
Rep. Mark Meadows introduced the Disaster Recovery and Opportunity Act, which would allow state governors to designate up to five percent of applicable disaster tracts in states that experienced a disaster.
Kresge Supports Opportunity Zones Incubator
The Kresge Foundation has announced a $390,000 grant to Calvert Impact Capital that will support the Opportunity Zones Incubator, a technical assistance program for social impact entities that are interested in or exploring taking a Qualified Opportunity Fund to market.
Ben Carson: We Won't Allow Forgotten Americans to Be Left Behind
Many of the communities located in opportunity zones are the same that the Department of Housing and Urban Development already serves. For example, there are approximately 380,000 public-housing units and approximately 340,000 units in the Project-Based Rental Assistance program within opportunity zones.
Memphis, TN to Issue RFP for City Owned Property
The city, county, and EDGE have been planning for months on how best to utilize the Opportunity Zone program, how to track the projects, and how to best involve traditional economic development tools to incentivize the sort of development the entities want.
Will Opportunity Zones Work? We May Never Know, Here's Why
The OZ incentive has one potentially huge flaw: As the Treasury Department finalizes the program's rules in preparation for its launch in 2019, researchers and economists are increasingly worried that the agency is leaving out critical requirements to track the law's effects—and as a result, we may never know if Opportunity Zones actually work.
Looking to Invest in Qualified Opportunity Zones? These Resources May Help
In response to high demand from firms and high net worth individuals interested in the opportunity zones program, a number of tools have come to market to help potential investors understand how the program works, identify neighborhoods that qualify for it and locate assets within the designated areas in need of investment.
How Opportunity Zones Could Transform Communities
Opportunity Zones represent a breakthrough approach to community development. The program relies on an ingenious mechanism for spurring investment: instead of tax credits or other traditional subsidies, investors are offered a temporary tax deferral for capital gains reinvested in designated opportunity zones.