So, your community has an Opportunity Zone. Now what?
The Tax Cuts and Jobs Act of 2017 can provide powerful incentives to certain taxpayers to invest in property in low-income communities or districts designated as Opportunity Zones. For economic development practitioners, the immediate question is, “How do I actually get projects done in my community using these Opportunity Zone benefits?”
We issued the first Opportunity Zone handbook in October of 2018. On April 17th, the U.S. Treasury issued a second round of draft regulations that clarified many questions. We have updated the guide to reflect these U.S. Treasury updates. In this guide, we outline how you can identify projects, establish Opportunity Zone Funds, attract investors and get new capital deployed in your community. Then, we describe how a potential investor would benefit from making an investment in your community’s Opportunity Zone versus a non-Opportunity Zone and review the new regulations.
More Opportunity Zone Resources
Looking for some assistance working with your Opportunity Zone? We can help!
Economic Base & Targeted Industry Analysis
Real Estate Market Analysis
Financial Feasibility Modeling & Testing
Economic & Fiscal Impact Analysis