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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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HUD's Alfonso Costa and National Multifamily Housing Council's Doug Bibby at a 2019 Bisnow event.
News

Falcone Group Hires HUD Executive To Lead New Affordable Housing Arm

... workforce housing. He will also lead the firm’s opportunity zones strategy. In his HUD role, Costa was responsible for ... country’s undersupply of housing and underinvestment in historically neglected Opportunity Zones." Gov. Ron DeSantis signed a bill June 9  ...

Aug 05, 2020
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cory booker
News

Members Of Congress Want Inspector General To Take A Hard Look At OZs

... a complete review of all Treasury Department certified Opportunity Zones for eligibility requirement conformance and provide details on ... and the Rock Family of Companies’ involvement in Opportunity Zones is rife with misguided, misleading and utterly ...

Nov 05, 2019
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Avanath Capital Management CEO Daryl Carter
News

Avanath, MacFarlane Plan $100M IPO For First OZ Affordable Housing REIT

... -A apartments, he said.  Aspire’s attention to properties in opportunity zones is also part of the equation. According to its filing ... or property in one of the more than 8,700 opportunity zones across the country. The program has received criticism for a ...

Oct 13, 2020
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Turner Impact Capital CEO Bobby Turner
News

Spurning OZs, Bobby Turner Pours $1B Into 'Real Estate As A Force For Good'

... . Also, while many of his projects are in designated opportunity zones or low-income neighborhoods, Turner said he does not plan ... to utilize the federal program. The opportunity zones program allows an investor to roll over capital gains into ...

Nov 04, 2019
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A photo of downtown Morgantown, West Virginia from 2017.
News

A 'Tremendous Infusion' Of Federal Funding Is Creating New Real Estate Opportunities In Appalachia

... Appalachian Community Capital developed the Opportunity Appalachian fund specifically for opportunity zones and other underinvested areas in ... towns.” Rachel Reilly, who worked on opportunity zones with Enterprise Community Partners and Economic Innovation ...

Jan 22, 2023
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The New Regulations Have Kick-Started More OZ Investing In Fort Lauderdale
News

The New Regulations Have Kick-Started More OZ Investing In Fort Lauderdale

... will be a featured speaker at Bisnow's upcoming Opportunity Zones event in Fort Lauderdale June 20. Other speakers include ... create and collaborate, to live and socialize.” The Bisnow Opportunity Zones event will be held at Sistrunk Marketplace & Brewery, a ...

May 29, 2019
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