Investors Lining Up To Pour Billions Into Opportunity Zones


Investors Lining Up To Pour Billions Into Opportunity Zones


The federal Opportunity Zones program has drawn interest from investors around the country, and policy experts and fund managers expect a flood of capital to flow into the space as soon as the regulations are finalized.

The program, part of the Tax Cuts and Jobs Act President Donald Trump signed into law in December, gives large tax breaks to investors who place capital gains into funds that invest in opportunity zones, a set of largely low-income areas across the country. Local governments nominated their opportunity zone census tracts in April, and in recent months, several funds have been set up specifically targeting opportunity zones...

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RSK: Didn`t think it would take this long for the big boys to get involved with OPZ`s.

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- - Volume: 6 - WEEK: 42 Date: 10/16/2018 8:36:07 AM -