What is a Qualified Opportunity Zone?
Opportunity Zones have been called one of the most exciting and game-changing investment incentives to come down the proverbial pike. Recently, National REIA teamed up with the law firm Frost Brown Todd, LLC, to discuss the. recently released regulations as well the overall practical application of Opportunity Zones themselves. Click here to read more.
What to Know Before Investing in Qualified Opportunity Zones
There is so much buzz about Opportunity Zones… These zones potentially have the power to profoundly impact distressed communities across the nation. Yes there is the potential for great reward… but with reward comes risk.
We wanted to pull together information from credible sources to help you make your own informed decisions.
Tax Attorney John Hyre
John is holding Webinars on Opportunity Zones. Register Here
- We now have a separate map that shows the major MSAs and the Qualified Opportunity Zones located therein
- Added direct links to Census Bureau for each Opportunity Zone Census Tract showing:
- Household Income
- Color-coded Qualified Opportunity Zone Types
- Low-Income Community – Individual poverty rate of at least 20% and median family income up to 80% of the area median
- Non-LIC Contiguous – Contiguous with Low-Income Community Census Tracts and median family income up to 125% of the median family income of the designated Low-Income Community Census tract with which it is contiguous
- Allow users to change basemaps (streets, satellite, topographic, etc)
- Launch the map in a separate window (beta – please be patient)
You can quickly enter an address to see if it falls within a Census Tract designated as a Qualified Opportunity Zone.
Clicking on a specific Census Tract will open a popup window showing you information about the type of Qualified Opportunity Zone, the Census Tract information, as well as demographic data.
Don’t forget to check out our Qualified Opportunity Zone Resource Center for Real Estate Developers
Any problems or requests? Let Us Know