OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
List of Kent County, Michigan Opportunity Zones & OZ Funds
Kent County, Michiganhas 10 designated Opportunity Zones.
In total these Opportunity Zones have a population of approximately 39,000. That represents 6% of the county’s total population of 660,000.
The median household incomefor Kent County Opportunity Zones ranges from approximately $21,000 to $52,000.
The adjacent map shows all Opportunity Zones in Kent County. Click on any Opportunity Zone for additional information.
List of All Kent County OZs
The table below lists all 10Opportunity Zones in Kent County. The first two rows show the state wide average and the average for all Michigan Opportunity Zones.
| 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 | $37K | 31% | $98K | 71% | 28 |
| 26081002600 | Kent | $34K | 36% | $81K | 48% | 23 |
| 26081002800 | Kent | $21K | 44% | $102K | 74% | 29 |
| 26081003000 | Kent | $52K | 23% | $168K | 93% | 28 |
| 26081003200 | Kent | $36K | 33% | $82K | 84% | 26 |
| 26081003500 | Kent | $37K | 23% | $119K | 85% | 31 |
| 26081003600 | Kent | $22K | 46% | $81K | 60% | 24 |
| 26081003700 | Kent | $37K | 26% | $89K | 73% | 30 |
| 26081003800 | Kent | $38K | 40% | $61K | 38% | 24 |
| 26081013500 | Kent | $41K | 17% | $103K | 76% | 32 |
| 26081014200 | Kent | $48K | 23% | $99K | 80% | 32 |
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 |