OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 1, Fostoria, Ohio
Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Fostoria, Ohio.
This 27 square milecensus tract has a population of approximately 4,300and is the only Opportunity Zone in Hancock County.
The adjacent map shows the location of this Opportunity Zone in Ohio.
Census Tract 1 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$46K |
This Opportunity Zone has a median household incomeof approximately $46,000, which is 22% lowerthan the median household income for the state of Ohio of $59,000.
Poverty Rate
17% |
The percentage of households below the poverty line in this Opportunity Zone is 17%, which is 4% higherthan the rate for the state of Ohio of 13%.
Median Home Value
$88K |
This Opportunity Zone has a median home valueof approximately $88,000, which is 45% lowerthan the median home value for the state of Ohio of $160,000.
Education
93% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 93%, which is 2% higherthan the rate for the state of Ohio of 91%.
Median Age
48 |
This Opportunity Zone has a median ageof approximately 48, which is 20% higherthan the median age for the state of Ohio of 40.
Ohio OZ Funds
There are 9QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Ohioas a target market. Additional OZ funds may also invest in Ohio; see a complete list of Opportunity Zone Funds here.
| Fund Name | Asset Classes | Property Types | Fund Size |
|---|---|---|---|
| Cleveland Opportunity Zone Fund Premium Listing | Real Estate | Industrial, Mixed-Use, Multi-Family Housing, Storage | $50M |
| Nest Opportunity Fund Premium Listing | Real Estate | Multi-Family Housing, Residential | $50M |
| Accredited Capital | Real Estate | Multi-Family Housing, Residential, Single-Family Housing | $25M |
| Alpha Opportunity Zone Fund I | Real Estate | Affordable Housing, Residential, Student Housing | $250M |
| CLE OZ Fund | Real Estate | Commercial | $20M |
| Community Outcome Fund | Business, Real Estate | Commercial, Infrastructure, Mixed-Use, Residential | $500M |
| Kunst QOZF | Real Estate | Multi-Family Housing | $10M |
| Milhaus QOZ Fund II | Real Estate | Commercial, Mixed-Use, Multi-Family Housing | $78M |
| Woodforest CEI-Boulos Opportunity Fund | Real Estate | Workforce Housing | $22M |