Opportunity Zone Funds to Deliver Tax Breaks & Community Impact

The new tax act allows investors to funnel capital gains into economically distressed areas, but investors want proof of impact…

Source: www.barrons.com

This article from Barrons shares an overview of the Opportunity Zones program, but also brings up the point of creating community impact as compared to merely delivering investor returns and tax incentives.

Transparency is also critical for foundations and high-net-worth individuals who want assurance their dollars are creating impact in a community, Seegull says. States and municipalities will want it so they can assess whether the programs are effective and worth continuing.

“I feel like it’s important to the intent of the legislation versus it just being a tax break,”Seegull says.

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The Opportunity Zone Alliance

We connect the Opportunity Zone Community. We are Opportunity Zone fund managers, service providers and advocates committed to maximizing the impact of the Opportunity Zone program. Our team at the Opportunity Zone Alliance is proud to present insightful education, resources, tools and guidance to help you maximize the Opportunity Zone initiative.

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