What should be included in the due diligence checklist for a QOF when investing in a QOZB that will be acquiring, constructing, developing, and leasing a real estate project in an OZ?

Retired NFL linebacker Derrick Morgan is on a mission to create more opportunities in underserved communities. “This is what I was called to do — attack these things in an intentional way,” he said.

Opportunity Zones are a new tool that can help revitalize communities and provide more affordable housing. Housing Finance Agencies across the country are adding more incentives to create developments in their regions.

Data can be a powerful tool to provide critical insights to validate potential investments. Learn about three simple steps that can help you mitigate risk and make informed data-based decisions.

Despite an updated set of OZ regulations, some misinterpreted information is still circulating among investors, developers and fund managers. Learn what the facts are about land-banking, the self-certifying process, leased property, sin businesses and “the original use” requirement.

Equipped with the right impact reporting requirements, Opportunity Zones can solve affordable housing shortages, revitalize vacant properties, promote sustainable agricultural practices and spur economic development in distressed communities.

Based on the latest proposed regulations, the Opportunity Zone industry has become much more vital given the responses received from the Treasury Department that have provided more certainty to the program. However, there are still pending issues that need to be resolved.

An existing OZ property owner, even with property acquired before 2018, has several options to reap the benefits of the OZ initiative to raise capital and attract financing.

The Treasury and IRS today released a proposed new tax form to collect Qualified Opportunity Funds data for the 2019 tax year. Form 8996 is designed to collect information about the fund’s investment amount, location and ownership interests.

HG Portfolio Opportunity Zone Fund has launched to raise up to $250 million to draw investors for cannabis businesses and Opportunity Zone real estate. The investment fund will acquire a diversified portfolio of real estate assets, including multifamily, hotel, commercial, industrial and agriculture/cannabis.

SoLa Impact was established to create market returns for investors while revitalizing urban areas to develop high-quality affordable housing in low-income communities. The $100-million SoLa Impact Opportunity Zone Fund’s mission is multifamily rehab and development, while simultaneously helping create jobs and revitalize neighborhoods.

In an effort to bring together savvy investors with high-growth start-up companies, the Verte Opportunity Zone Fund has been established to raise up to $100 million.

Hall Labs, the Provo, Utah-based research and development hub known for creating the world’s first man-made diamond, is giving Opportunity Zone investors a chance to buy into a portfolio of start-ups created to commercialize the lab’s innovations.

Sage Oak Assisted Living and ANG Development Group have embarked on a joint venture to build a $17-million assisted living and memory care campus in Denton, Texas, located in an Opportunity Zone.

Virtua Partners is leveraging Opportunity Zone capital for a new $20-million multifamily development in Tempe, Arizona, in a deal that combines Opportunity Zone (OZ) benefits with local urban revitalization incentives.