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How can I find out which QOFs and OZs generate the most jobs?

I am a social impact investor who wants to invest where my funds can make the most difference. How can I find out which zones or funds provide the most jobs? Do funds or QOZB need to report these statistics to anybody?


Answers
  • Valerie Grunduski
    January 13, 2021

    These statistics are not yet required to be gathered by the funds or businesses, but there are some funds and social investing consultants who are gathering this data.

  • Matthew Rappaport
    January 06, 2021

    They don't need to report at the moment, but you can always ask the sponsors, and it's likely the Biden administration will require some type of impact reporting through future legislation. After last night's election results, this type of reform is in play.

  • Guy Nicio
    January 05, 2021

    There is no reporting requirement on jobs, no. Therefore, you would not easily find such data readily available.

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