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News

Funds Flood OZs As Program Faces Possible Rule Changes

... before the proposed tax changes, investment in opportunity zones by qualified opportunity zone funds has been growing at a healthy ... to businesses and create ... good paying jobs in Opportunity Zones,” Burchett said in a statement, while Cueller characterized ...

May 11, 2021
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Senate Version Of Trump Budget Bill 'Strikes The Right Balance' For CRE
News

Senate Version Of Trump Budget Bill 'Strikes The Right Balance' For CRE

... , measures aimed at boosting factory development, an expansion of opportunity zones, and a host of other provisions that will have wide ... to the unit and the developer gets paid in full. Opportunity zones, another holdover from Trump’s 2017 tax bill, would ...

Jul 01, 2025
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CIM Group Launches Platform To Invest In Rural QOZ Power Projects
News

CIM Group Launches Platform To Invest In Rural QOZ Power Projects

... power platform, Permanent Power Co., to invest in rural qualified opportunity zones, the firm announced on Friday.  With the move, the Los ...

May 15, 2026
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City of Miami Gardens Opportunity Zone
News

Investors Boost OZ Equity By Nearly $10B This Year As Clock Ticks Down

... in 2016, introduced a reform package earlier this year. The Opportunity Zones Improvement, Transparency, and Extension Act (H.R. 7467) also has ... rose from Q2 2022 to Q3 2022 in 51% of opportunity zones around the country and went up at least 3% in ...

Nov 27, 2022
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Rendering of Griffin Capital and Legacy Partners opportunity zone multifamily project
News

Developers Love The OZ Program. But Are They Delivering On Its Social Mission?

... estate projects without the tax incentive.  The designated opportunity zones were chosen using census data from 2010 and critics ... questions about how any of Griffin's investments in opportunity zones would tackle social issues were rebuffed. A Griffin ...

Jul 15, 2020
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OZ Investors Continue To Throw Money At Apartments
News

OZ Investors Continue To Throw Money At Apartments

Investment in opportunity zones, which encourages revitalization in economically distressed areas, is mostly, if ... tenants’ lease expirations five or 10 years later.” Investment in opportunity zones totaled a record $9.24B in 2021, according to CoStar ...

Oct 25, 2022
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paris skyline
News

Trump Nominates Charles Kushner As Ambassador To France

... prior head of the White House Opportunity and Revitalization Council, who oversaw the rollout of Opportunity Zones, was chosen to serve as secretary ...

Dec 02, 2024
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With Reforms On The Horizon, OZ Players Optimistic About The Program's Future
News

With Reforms On The Horizon, OZ Players Optimistic About The Program's Future

... the Urban Institute last year found that the opportunity zones program was providing neither the economic development nor ... A Just Economy released a report titled “Displacement Zones: How Opportunity Zones Turn Communities Into Tax Shelters For The Rich” ...

Jan 31, 2021
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Pressure To Change OZ Reporting Requirements Amps Up As Election Looms
News

Pressure To Change OZ Reporting Requirements Amps Up As Election Looms

... the country — even Joe Biden has showed support for Opportunity Zones," Scott spokeswoman Patrice Smith told Bisnow via email. " ... its part, the Biden campaign has released language supporting opportunity zones that isn't overly specific about any changes he ...

Aug 12, 2020
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The Spigot Is Turning On Again For Philadelphia Investment
News

The Spigot Is Turning On Again For Philadelphia Investment

... growth has been plentiful, she said. The city has an opportunity to revamp its image by getting state and city governments ... from both the city and the state. They come from opportunity zones. They come from… low income housing tax credits,” Smallwood-Lewis ...

Sep 22, 2024
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