The Wizard of OZ (that’s “Opportunity Zones”): Interim gains & reinvestment

[Visit the Wizard of OZ on this site] Interim Gains & Reinvestment: A Few Problems. OZ proponents claimed a victory when Treasury, in the recent “second round” of proposed regulations, accom...

Titans Linebacker Derrick Morgan Retires From NFL And Launches Opportunity Zone Fund

Derek Morgan earned $44 million during his nine-year NFL career. His next act merges his passions for impact investing and real estate with a new Opportunity Zone fund.

SEC, NASAA Share Guidance on Opportunity Zone Funds

The joint summary explains the compliance implications for qualified opportunity funds under federal and state securities laws.

Greenville 'Opportunity Zones' could spur more development, but may lead to gentrification

Opinion column about how Opportunity Zones work to benefit investors, spur growth

Lafayette Parish Opportunity Zone Prospectus Released

Lafayette – Through a collaboration with Lafayette Consolidated Government (LCG), the Acadiana Planning Commission (APC), One Acadiana, Lafayette Economic Development Authority (LEDA), Downtown Development Authority (DDA), and the Community Foundation of Acadiana (CFA) the Lafayette Opportunity Zone prospectus is available to potential investors and the public at InvestAcadiana.org. As a tool intended to attract investors, …

KPMG Working on Tax Structure for Erie Opportunity Zones

KPMG, one of the big four tax and advisory firms, is a sponsor of Erie Homecoming 2019. Erie News Now Lisa Adams shares her exclusive interview.

SBA Opportunity Zones in Metro Atlanta

In today's ASBN article, we take a deep-dive into the benefits of the federally mandated opportunity zones in the metro Atlanta area.

Infrastructure improvements coming to West Broadway

One Missoula business is building a larger office space, and according to Missoula Redevelopment Agency officials, doing so will improve the infrastructure along West Broadway.

MAKING OPPORTUNITY ZONES WORK FOR BLACK COMMUNITIES

Through creativity and collective action, black investors and social entrepreneurs can make use of the most favorable aspects of Opportunity Zones.

Opportunity Zone Reporting: Recommendations From an Investors Group

A coalition of nearly 70 organizations responds to Treasury's request for information.

Solar Development in Opportunity Zones

The Opportunity Zones program is an attractive option for industrial-scale solar energy producers seeking to develop new projects that receive…

Ruth Amundsen: Opportunity zones show potential

OPPORTUNITY ZONES have the power to start healing the widening divide in this country — that the rich keep getting richer and the poor keep getting poorer. The tax legislation

A 'mind boggling' tax break was meant to help the poor. But trendy areas are winning too

One in ten Americans live in an Opportunity Zone, one of 8,764 low-income, high-poverty census tracts where investors can receive a major tax break. These areas span downtowns, rural areas and desperately poor neighborhoods — as well as upscale urban playgrounds.

Tappan apartments on tap for Tremont Opportunity Zone

Opportunity Zone Market Starting To Heat Up, But Many Investors Are Still Waiting

Taking Advantage of Opportunity Zones: A Lesson From SLC

PEG Cos.’ Matt Hansen reveals details about Utah’s first project built in a designated opportunity zone. He also describes how the 195-unit Paperbox fits in the metro’s strong multifamily market.

Developers Create Opportunity Zone Fund for Assisted Living Project

Two Dallas-based companies have teamed up to build a $17 million assisted living and memory care campus in nearby Denton, Texas, and have established an opportunity zone fund to raise part of its capital stack. Sage Oak Assisted Living and ANG Development established GoodHorn Senior Living Opportunity Zone Fund, with a target goal to raise …

Greater Cleveland Partnership sets plan for new socially focused loan fund

What Investors Need To Know About The 'Three Waves' Of Opportunity Zones

There is a reason we can experience both the promise of OZs along with skepticism about their impact. This is because the OZ lifecycle consists of three distinct "waves."

#OpportunityZone Program: Federal Investment in Low-Income Neighborhoods or a 'Trickle-Down Scheme'?

“It is an extremely open-ended ‘anything-goes’ incentive.”

Driving Social Impact: 1-On-1 with Kresge Foundation On #OpportunityZones

With Opportunity Zones, the Kresge Foundation carved out an early lead, establishing protocols to ensure transparency and measure impact. Kimberlee Cornett, Managing Director of Kresge’s Social Investment Practice, shares how in this interview.

Financial Planning Using Qualified #OpportunityZones

In Brief The Tax Cuts and Jobs Act of 2017 expanded the federal estate, gift, and generation-skipping transfer tax exemption amounts, dramatically

Opportunity zone officially designated

The Regional Development Association of East Central Kansas set in stone a new opportunity zone during its monthly meeting Friday at Trusler Business Center.

A Trump tax cut meant to help poor areas could pay off for Kevin Plank and Goldman Sachs thanks to misaligned maps

Much of the Port Covington development project in Baltimore qualifies as an opportunity zone for lucrative tax breaks due to misaligned maps.

Barnstable, Yarmouth chosen for statewide Opportunity Zones Academy

Location, Location, Location: A Primer on Qualified Opportunity Zones

Under the Tax Cuts and Jobs Act of 2017, new rules were established that allow taxpayers to defer capital gain from the sale of assets to unrelated persons by investing in a Qualified Opportunity Zone

Opportunity zones: New guidelines offer more flexibility for Nevada

Originally rolled out in December 2017 as part of the Tax Cuts and Jobs Act, the Opportunity Zone Program was designed to incentivize long-term investment in underserved communities throughout the country.

Opportunity zones are meant to spur new investment in poor areas. But Port Covington could get a tax break

Lying near a development project controlled by Under Armour's billionaire CEO Kevin Plank and Goldman Sachs, the little sliver of land will allow Plank and the other investors to claim what could amount to millions in tax breaks for Port Covington.

Developers of old Brewing & Malting Building seeking opportunity zone funds

A group of developers investing millions in a Dubuque building could be the first to take advantage of Opportunity Zone funds.

Denver Opportunity Zone Attracts Cresset-Diversified Fund, Hines

Starting in early 2020, the partners will build North Wynkoop, a 10-story, 392-unit luxury community in Denver’s RiNo neighborhood.

Advantage Valley pitch book showcasing regional opportunity zones unveiled

CHARLESTON - U.S. Sen. Shelley Moore Capito, R-W.Va., and the mayors of Charleston, South Charleston and Huntington promoted the Advantage Valley regional pitch book, which showcases 13 Opportunity Zones and

After scare in Albany, big development site hits the market in LIC

This place used to make 85 tons of ice a day. Now it's South Bethlehem's hottest new place to live

The Brinker Lofts project turned a former ice house into 30 apartments in the heart of South Bethlehem.

Hawaii’s Opportunity Zones Could Spur Depressed Areas But Interest Low As Deadline Looms

The 2017 federal tax cuts created something called “Opportunity Zones.” The idea was to give investors a tax break by putting money into economically

Why This UBS Advisor Sees Opportunity Zone Funds Proving a Hit With Young ESG Investors

Port Covington developer: Opportunity Zone criticism 'entirely unfair'

Developer: The assertion that Port Covington's designation as an Opportunity Zone is in some way inappropriate is entirely unfair.