The pandemic-induced, historic plummet of the stock market shows that diversification in long-term alternatives to equities is critical. That can occur in rural areas.
With the Novogradac 2020 Opportunity Zones Conference scheduled to be held on April 23-April 24, we want to advise you on the status of our efforts to ensure that all participants are as safe as possible when attending this event.
Cresset Partners and Diversified Real Estate Capital are riding the wave of the successful capital raise with the launch of a follow-on vehicle.
Construction is underway for phase one at Ogden Commons, a $200 million mixed-use project in Chicago’s North Lawndale neighborhood being developed in a public-private partnership between The Habitat Company, Sinai Health System, Cinespace Chicago Film Studios, the Chicago Housing Authority and the city of Chicago. Upon completion, the 10-acre development will offer 120,000 square feet of commercial and retail space and over 350 mixed-income housing units.
Sen. Tim Scott (R-SC) said at the United States Conference of Mayors on Wednesday that he is considering a bill that would allow local and state governments to revisit a small percentage of the census tracts that were, or were not, designated opportunity zones in 2018, Bloomberg Tax reports.
Last Friday, Wheeling Mayor Glenn Elliott had a chance to spend the day at the White House, learning more about utilizing a new tax incentive. Elliott was one of 160 mayors from across the country who met in Washington D. C. “We basically talked with different cabinet folks, different White House officials about how we can leverage our assets to actually get people to invest in these Opportunity Zones,” Elliott said.
New York City may be on the cusp of a new multibillion-dollar investment boom. A gold mine of prospective opportunities is slowly luring capital into some of the city’s poorest neighborhoods. It’s …
Pritzker administration is launching a new initiative to invest in opportunity zones across the state. According to part of Pritzker's $45 billion capital program, the Department of Commerce and Economic Opportunity (DCEO) announced that they will be investing $12 million as part of an initiative to
“Jobs and investments are pouring into 9,000 previously neglected neighborhoods thanks to Opportunity Zones, a plan spearheaded by Sen. Tim Scott,” President Donald Trump said at the 2020 State of the Union Address.