OZ Pitch Day - June 13, 2024
Days
Hrs
Mins
Secs
OZ Pitch Day - June 13, 2024
List of Newport, Rhode Island Opportunity Zones & OZ Funds
The city of Newport, Rhode Islandhas 1 designated Opportunity Zone.
In total these Opportunity Zones have a population of approximately 4,700. That represents 19% of the city’s total population of 25,000.
The median household incomefor this Opportunity Zone is approximately $39,000.
The adjacent map shows all Opportunity Zones in Newport. Click on any Opportunity Zone for additional information.
List of All Newport OZs
The table below lists all 1Opportunity Zone in Newport. The first two rows reflect average values for the state of Rhode Islandand the Opportunity Zones in the state.
| Name | County | Median Household Income | Below Poverty Line | Median Home Value | Edu High School | Median Age |
|---|---|---|---|---|---|---|
| All of Rhode Island | n/a | $71K | 11% | $283K | 89% | 40 |
| Rhode Island OZ Average | n/a | $39K | 19% | $277K | 86% | 32 |
| 44005040500 | Newport | $39K | 19% | $277K | 86% | 32 |
Rhode Island OZ Funds
There is 1QOZ Fundin the OpportunityDb database with an investment objective that specifically identify Rhode Islandas a target market. Additional OZ funds may also invest in Rhode Island; see a complete list of Opportunity Zone Funds here.
| Fund Name | Asset Classes | Property Types | Fund Size |
|---|---|---|---|
| Strategic Rivermont OZ Fund, LLC | Real Estate | Commercial, Energy Development, Hotel, Mixed-Use, Residential, Stadiums and Arenas, Student Housing | $100M |