Created as part of the 2017 Tax Cuts and Jobs Act, Opportunity Zones (O.Z.) were created to unlock unrealized capital gains money and
encourage investment in low income census tracts
through the use of
tax deferrals and tax incentives.
Qualified Opportunity Funds serve as the conduit for investment, subject to guidelines.
Opportunity Funds can provide early cash flow for projects in qualified census tract areas. The clock is ticking on the associated tax benefits, some of which expire in 2026.
Opportunity Funds are being established
nd beginning their search for investments.