OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 315, St. Paul, Minnesota
Census Tract 315 is a Low-Income CommunityOpportunity Zone located in St. Paul, Minnesota.
This 0.4 square milecensus tract has a population of approximately 3,100and is one of 19 Opportunity Zones in Ramsey County.
The adjacent map shows the location of this Opportunity Zone in Minnesota.
Census Tract 315 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$47K |
This Opportunity Zone has a median household incomeof approximately $47,000, which is 37% lowerthan the median household income for the state of Minnesota of $75,000.
Poverty Rate
22% |
The percentage of households below the poverty line in this Opportunity Zone is 22%, which is 13% higherthan the rate for the state of Minnesota of 9%.
Median Home Value
$151K |
This Opportunity Zone has a median home valueof approximately $150,000, which is 40% lowerthan the median home value for the state of Minnesota of $250,000.
Education
75% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 75%, which is 19% lowerthan the rate for the state of Minnesota of 94%.
Median Age
27 |
This Opportunity Zone has a median ageof approximately 27, which is 29% lowerthan the median age for the state of Minnesota of 38.
Minnesota OZ Funds
There are 6QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Minnesotaas a target market. Additional OZ funds may also invest in Minnesota; see a complete list of Opportunity Zone Funds here.
| Fund Name | Asset Classes | Property Types | Fund Size |
|---|---|---|---|
| Catalyst Opportunity Funds | Business, Real Estate | Affordable Housing, Commercial, Mixed-Use, Multi-Family Housing, Office, Residential, Workforce Housing | $150M |
| Connect UP! Integrated Capital Fund | Business, Real Estate | Affordable Housing, Commercial, Infrastructure, Residential, Workforce Housing | $50M |
| DREAM Fund | Real Estate | Commercial, Energy Development, Mixed-Use, Residential | $100M |
| Hospitality with real estate | Business | Hotel | $3M |
| Origin Investments QOZ Fund | Real Estate | Commercial, Residential | $200M |
| V3 Sports | Business, Real Estate | Mixed-Use |