Our Next Event: Alts Expo - Dec 8th
Our Next Event: Alts Expo - Dec 8th
Puerto Rico Governor Ricardo Rosselló signed the Puerto Rico Opportunity Zones Development Act last week. The bill creates the regulatory framework for investing in Opportunity Zones on the island and establishes conformity with the federal…
Last Thursday, May 9 at the SALT Conference in Las Vegas, Department of Housing and Urban Development Secretary Ben Carson announced two new Federal Housing Administration incentives for multifamily properties located in Opportunity Zones. Firstly,…
Senate Bill 1344 would require the Treasury Department to collect data and issue a report on the effectiveness of the Opportunity Zones tax policy. The bill is sponsored by Cory Booker (D-NJ), Tim Scott (R-SC),…
The second tranche of IRS regulatory guidance on Qualified Opportunity Funds was released last month. This morning, it was posted to the Federal Register. Public comments on the proposed rules can be submitted at Regulations.gov.…
It’s been one week since the IRS released the second tranche of regulatory guidance on Qualified Opportunity Funds. This guidance is a huge step in the right direction in terms of clarifying the biggest questions…
The long-awaited second tranche of regulations on Investing in Qualified Opportunity Funds has been approved by OIRA and is now available for public comment. Click here to read the new regulations. The 169-page regulatory document…
On March 12, the second tranche of IRS regulatory guidance on Qualified Opportunity Funds was submitted to the Office of Information and Regulatory Affairs. OIRA is a branch of the White House’s Office of Management…
The Kresge Foundation today announced that it is committing $22 million to Opportunity Zone funds offered by Arctaris and Community Capital Management. In June of last year, Kresge — in partnership with the Rockefeller Foundation…
The city of Boulder, Colorado has seemingly been wary of the federal Opportunity Zones tax incentive since the very beginning. Only one of 12 eligible census tracts within the city was recommended to state leaders.…
Following last month’s hearing on Qualified Opportunity Funds, the IRS has completed its second tranche of regulatory guidance. Yesterday, the proposed rules were submitted to the Office of Information and Regulatory Affairs for review. OIRA…