A key congressional committee is calling for an expansion of the opportunity zone program that would extend its lifespan and allow real estate investors to receive its tax benefits in more areas. The ...

The investment landscape for tax-advantaged community development is about to undergo its most significant transformation since the original opportunity zones program launched in 2017. The One Big ...

Many commercial real estate developers and investors have been anxiously waiting to see what the second iteration of the opportunity zone tax incentive program would look like, and now they have their ...

The Opportunity Zone program introduced during President Donald Trump's first term would, under the tax bill passed by the House, get a substantial extension and a new focus on rural areas. The ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The new Opportunity Zone program ...

F or nearly a decade, the federal Opportunity Zone (OZ) program has been a transformative tool for real estate developers, particularly in the multi-family housing sector. With rental demand surging ...

Opportunity Zones (OZs) have emerged as a significant tool in driving investment into underdeveloped areas, offering a compelling case for their continuation and expansion. Since their inception in ...

A firefighter walks through the rubble after a wind-driven fire destroyed homes on Nov. 6, 2024, in Camarillo, Calif. (Gina Ferazzi/Los Angeles Times/TNS) Meanwhile, last month’s wildfire disasters in ...

The site of a Chicago hospital that closed in 2008, part of an opportunity zone, is undergoing a $3.8 billion mixed-use redevelopment. (Terrence Antonio James/Chicago Tribune/TNS) Douglas MacArthur ...

The Trump administration has framed Opportunity Zones as a housing program. In fact, one of its biggest champions leads the federal housing agency. But the national program, which allows investors to ...

When Opportunity Zones 1.0 was created in 2017, it was with the hope of channelling investments to low-income communities, to create jobs, new housing supply and provide gap financing for startups and ...