By NCSHA
WASHINGTON, DC — The National Council of State Housing Agencies (NCSHA) has released a significantly expanded third edition of its Opportunity Zone Fund Directory featuring 53 Qualified Opportunity Funds (QOFs) representing nearly $15 billion in anticipated investment in designated high-poverty neighborhoods. NCSHA reviewed public information on these 53 funds and found the following.
“Although the early focus of Opportunity Zone investments tends to be on commercial real estate (CRE), the scope of potential investment goes far beyond CRE – the Opportunity Zone program allows for investment in new and existing businesses, infrastructure, renewable energy, and much more.”