Analysis for the OZ industry — page 24
Upcoming IRS Regulations on QOFs, with Dan Kowalski
The long awaited second tranche of IRS regulatory guidance on Qualified Opportunity Funds will produce a set of principles and safe harbors that will give investors the ability to move forward. The best part? One senior Treasury official ha
Community Development in Opportunity Zones, with Jill Homan
How has the Opportunity Zones program opened up community development to a different class of investors? And how will revitalization projects impact OZ communities? Jill Homan is founder and president of Javelin 19 Investments, a Washington
Treasury official answers questions on Opportunity Zones regulations
On March 12, the second tranche of IRS regulatory guidance on Qualified Opportunity Funds was submitted to the Office of Information and Regulatory Affairs. OIRA is a branch of the White House’s Office of Management and Budget. While the fi
Using AI to Improve OZ Investing, with Stefan Schimenes
How can AI be used to improve Opportunity Zone investing? Former AirBNB executive Stefan Schimenes founded InvestReal last month with a mission to create the first data-driven real estate marketplace for Opportunity Zones, using AI to suppo
Measuring Impact in Opportunity Zones, with USIIA's OZ Framework
Should the Treasury Department impose a community impact reporting requirement on Opportunity Zone investing? And what would a reporting framework even look like? Earlier this year, the U.S. Impact Investing Alliance, in partnership with Ge
Blockchain Technology for Opportunity Zone Investing, with Activated Capital
Can blockchain technology revolutionize Opportunity Zones real estate investing? Security token offerings utilizing distributed ledger technology enables tokenization of assets, increased liquidity, reduction of costs, and improved transact
Kresge Foundation awards grants to 2 OZ funds
The Kresge Foundation today announced that it is committing $22 million to Opportunity Zone funds offered by Arctaris and Community Capital Management. In June of last year, Kresge—in partnership with the Rockefeller Foundation—announced an
Boulder, CO taps breaks on Opportunity Zones development
The city of Boulder, Colorado has seemingly been wary of the federal Opportunity Zones tax incentive since the very beginning. Only one of 12 eligible census tracts within the city was recommended to state leaders. And now, that one opportu
IRS submits OZ guidance to OIRA for review
Following last month's hearing on Qualified Opportunity Funds , the IRS has completed its second tranche of regulatory guidance. Yesterday, the proposed rules were submitted to the Office of Information and Regulatory Affairs for review. OI
Triple Bottom Line Returns in Opportunity Zones, with Loren Schirber
How can real estate investing in opportunity zones create triple bottom line returns? And what are some ways we can measure the social impact of these investments? Loren Schirber is project pipeline manager for Minnesota Opportunity Zone Ad
Coworking Hubs and Startup Investments in Opportunity Zones, with Launch Pad
What will business investing in opportunity zones look like? Coworking hub and startup incubator Launch Pad may offer the best example I've seen so far. The husband-wife team of CEO Chris Schultz and president Anne Driscoll are on a mission
A Community-Driven Approach to Opportunity Zone Investing, with Erin Gillespie
What types of opportunity zone investments are community leaders looking for? And what can local communities do to incentivize investment in their opportunity zones? Joining me on the podcast to discuss these topics and more is Erin Gillesp
The IRS Hearing on Opportunity Zones: A Complete Recap
Who spoke at last week's public hearing on the Opportunity Zones program? What did they say? And which topics received the most attention? There were representatives from a wide variety of stakeholders that testified at the hearing—local ec
Recap of Feb 14 IRS public hearing on Opportunity Zones
This past Thursday, February 14, the IRS Auditorium in Washington DC was packed to capacity with over 200 attendees as stakeholders spoke during the public hearing on proposed regulations: “Investing in Qualified Opportunity Funds” [ REG-11
IRS hearing on opportunity zones scheduled for tomorrow
The IRS will hold a public hearing tomorrow, February 14 at 10:00 a.m. EST, to focus on proposed regulations regarding qualified opportunity zone funds. The hearing will take place in the auditorium of the IRS Building located at 1111 Const
Opportunity Zone Deal Flow, with Craig Bernstein
What does Opportunity Zone deal flow actually look like at the deal level, fund level, and investor level? And which Opportunity Zones are seeing the greatest amount of deal flow? Craig Bernstein is principal at OPZ Bernstein, which recentl
Income, Impact, and Return in Opportunity Zones, with Thomas Morgan
How is the Opportunity Zones program stimulating more impact investing across the United States? Real estate broker, developer, investor, and impact investing expert Thomas Morgan joins me today to discuss this topic and more. Note : this i
1031 Exchanges vs. Opportunity Zones, with Thomas Morgan
What are some of the key similarities and differences between a 1031 exchange and an Opportunity Zones investment? And how do the investor profiles of the two programs differ? Real estate broker, developer, investor, and 1031 expert Thomas
These 18 NFL stadium neighborhoods are eligible for the Opportunity Zones tax break
Introduced in December 2017 as part of President Trump's Tax Cuts & Jobs Act, the Opportunity Zones program incentivizes real estate and business investments in certain low-income communities throughout the country by providing investor
Amazon will not use Opportunity Zone tax break for HQ2
Amazon had been criticized for locating their HQ2 in an opportunity zone in Queens, New York. As it turns out, they will not be taking advantage of the tax break after all. From Bloomberg: “We will not be using the opportunity zone on this
Twinning Historic Tax Credits with Opportunity Zones, with Rich Rogers
Are two tax incentives better than one? Stacking, or twinning, multiple tax credits can oftentimes help bridge a funding gap on certain real estate projects. The Opportunity Zones program can be paired with a variety of other tax credits. T
Senators and Congressmen send OZ letter to Treasury, soliciting clarification
Last week, Senator Tim Scott (R-SC)—along with 15 other Senators and Congressmen—sent a letter to Treasury Secretary Steven Mnuchin, seeking clarification on several matters related to the Opportunity Zones tax policy, specifically in regar
Creating Positive Social Impact in Opportunity Zones, with Gerry Reihsen
How do we prevent the Opportunity Zones program from becoming merely a subsidy for gentrification? How can we instead ensure that opportunity zone investments actually benefit the people who live in the designated zones so that they can par
Rural Opportunity Zone Community Revitalization, with Colorado Outdoors
David Dragoo (left) and John Renfrow (right) What does an opportunity zone city revitalization project really look like? And how can public-private partnerships help to accelerate a community's renewal? The Colorado Outdoors project in Mont