OZ Pitch Day - July 20, 2023
List of Houghton, Michigan Opportunity Zones & OZ Funds
The city of Houghton, Michiganhas 1 designated Opportunity Zone.
In total these Opportunity Zones have a population of approximately 6,400. That represents 81% of the city’s total population of 7,900.
The median household incomefor this Opportunity Zone is approximately $20,000.
The adjacent map shows all Opportunity Zones in Houghton. Click on any Opportunity Zone for additional information.
List of All Houghton OZs
The table below lists all 1Opportunity Zone in Houghton. The first two rows reflect average values for the state of Michiganand the Opportunity Zones in the state.
|Name||County||Median Household Income||Below Poverty Line||Median Home Value||Edu High School||Median Age|
|All of Michigan||n/a||$60K||13%||$170K||91%||40|
|Michigan OZ Average||n/a||$20K||43%||$162K||93%||22|
There are no Opportunity Zones in Houghton.
Michigan OZ Funds
There are 6QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Michiganas a target market. Additional OZ funds may also invest in Michigan; see a complete list of Opportunity Zone Funds here.
|Fund Name||Asset Classes||Property Types||Fund Size|
|Accredited Capital||Real Estate||Multi-Family Housing, Residential, Single-Family Housing||$25M|
|Beacon Rose Opportunity Zone Fund||Real Estate||Industrial, Mixed-Use, Multi-Family Housing, Residential, Student Housing||$100M|
|Community Outcome Fund||Business, Real Estate||Commercial, Infrastructure, Mixed-Use, Residential||$500M|
|Greatwater Opportunity Capital Detroit Opportunity Fund||Real Estate||Commercial, Mixed-Use, Multi-Family Housing, Residential||$100M|
|Urban Array Opportunity Fund||Business, Real Estate||Commercial, Office, Residential||$5M|
|Wefunder Detroit Opportunity Fund||Business||$100K|
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Michigan properties.