Opportunity Zones
Catalytic Capital | April 16, 2019
Cities and investors de-mystify the Opportunity Zone capital stack
ImpactAlpha, April 16 – Conversations around Opportunity Zones have matured from what to how as deadlines loom for claiming full tax benefits. The absence …
Dealflow | April 9, 2019
M31 Capital’s Opportunity Fund targets workforce housing in the San Francisco Bay Area
ImpactAlpha, April 9 –What’s difference do Opportunity Zone tax breaks make for a commercial real estate fund? San Francisco-based real estate company M31 …
Dealflow | March 19, 2019
Kresge seeds two Opportunity Zone funds, with impact strings attached
ImpactAlpha, March 19 — The Kresge Foundation is anchoring two Opportunity Zone funds on the condition that the fund managers agree to measure and track …
Entrepreneurship | February 19, 2019
A launch pad for businesses that can make Opportunity Zones thrive
ImpactAlpha, February 19 – Projects that integrate community needs and local businesses – and the facilities they need – are hard to come by …
Impact Voices | February 12, 2019
Successful Opportunity Zone investments will pull people up, not push them out
Follow all of ImpactAlpha’s industry leading Opportunity Zone coverage. ImpactAlpha, February 12 – Of all the factors stifling America’s underserved communities, a dearth …
Impact Management | February 7, 2019
Pushing for community engagement and impact reporting in Opportunity Zone investing
ImpactAlpha, February 5 – Investors don’t need to wait for federal rules to commit to community engagement and honest appraisal of the social and …
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Catalytic Capital | February 6, 2019
Prudential commits $100 million to narrow the racial wealth gap in Memphis, New Orleans and Atlanta
ImpactAlpha, February 5 – Place-based, blended finance through a racial lens. A $100 million commitment from Prudential Financial is a trifecta of impact …
Entrepreneurship | January 29, 2019
Blueprint Local: Texas fund is a blueprint for investors betting on their hometowns – and the businesses bringing them back
Austin, TX – The idea is simple but execution has been hard: helping local investors invest in local entrepreneurs to revive local communities, all across …
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Dealflow | January 17, 2019
Prudential’s first Opportunity Zone investment is a mixed-use project in Baltimore
ImpactAlpha, January 16 – Newark-based financial services company Prudential is one of the early movers in Opportunity Zone deal making, backing the development …
Impact Voices | January 10, 2019
Opportunity Zone investors want impact. Let’s help them get it.
ImpactAlpha, January 10 – Not since 2000 (with the New Markets Tax Credit legislation) has a tax policy so dramatically captured the attention …
Entrepreneurship | December 18, 2018
The Opportunity Alpha: Year in Review
Greetings, ImpactAlpha readers! The Opportunity Alpha The maximum opportunity, we wrote last summer, is “to flip the switch from scarcity to an abundance …
Inclusive Economy | December 13, 2018
‘The devil’s in the details’ in new U.S. commitments to Opportunity Zones
Follow all of ImpactAlpha’s industry leading Opportunity Zone coverage. An executive order by President Trump creates a White House council to coordinate Opportunity …
Education Tech | November 29, 2018
What we know about Turner Impact Capital’s school, housing and health funds
Bobby Turner has had a busy couple of months. His Turner Impact Capital christened a charter school in Washington, D.C., opened several new …
Features | November 20, 2018
After Amazon, jilted cities mobilize for inclusive growth
Now that Amazon’s beauty pageant is finally over, runners-up like Birmingham, Kansas City, Baltimore and 200 other cities can move ahead on their …
Opportunity Zones | November 14, 2018
Filling capital gaps and finding investable opportunities in Opportunity Zones
Investors and fund managers developing place-based investing strategies may ask, “Where is my capital needed most?” A new report from the Urban Institute …
Impact Voices | November 13, 2018
Reducing risks by managing for impact in Opportunity Zone investments
Read all of ImpactAlpha’s industry leading Opportunity Zone coverage. Not knowing the impact of Opportunity Zone investments puts communities, as well as investors …
Opportunity Zones | November 6, 2018
Opportunity Zone experiments in reviving economic mobility: Q&A with Raj Shah
Experimentation. That’s the key word that pops out of a conversation with Rajiv Shah, president of the Rockefeller Foundation, who is keen on …
Impact Voices | November 5, 2018
How cities can help and other takeaways from a gathering of New York City Opportunity Zone investors
New York City is keen to attract private capital to 306 designated opportunity zones across the five boroughs, says Eric Clement of city’s …
Entrepreneurship | October 22, 2018
Opportunity zone regulations could spur small business investing
Impact and community investors have been pushing for federal rules that would ensure opportunity zone investments drive improvements and wealth creation for residents …
Impact Voices | October 1, 2018
What applications from 141 fund managers show about emerging opportunity zones activities
Fund managers across the country are engaged and moving quickly to raise capital to invest in opportunity zones. That much is clear after …
Impact Voices | September 19, 2018
How opportunity zones can expand access to fresh food in America’s food deserts
A critical set of business establishments is often missing from lower-income areas—supermarkets, grocery stores and other outlets that provide access to a wide …
Opportunity Zones | September 16, 2018
Kresge and Rockefeller identify opportunity fund managers for grants and support
The Kresge and Rockefeller foundations have identified 20 potential opportunity fund managers “driving positive outcomes in low-income communities” that could receive grants and …
Impact Voices | September 12, 2018
Six ways to attract capital and shape the future of opportunity zone investing
Interest in opportunity zones is abundant. Information is not. That’s why more than 200 investors, local leaders and policymakers from more than 40 …
Opportunity Zones | September 12, 2018
You have opportunity zone questions? We have (some) answers
The lack of clarity on the rules around new opportunity zones that qualify for capital-gains tax breaks has triggered a wave of questions …
Dealflow | September 6, 2018
Enterprise’s first opportunity fund targets Main Street entrepreneurship in U.S. Southeast
ImpactAlpha, September 5 – ImpactAlpha yesterday outlined the small-business opportunity in opportunity zones, the low-income census tracts that qualify for hefty capital-gains tax breaks …
Impact Voices | September 6, 2018
Why impact data and transparency are keys to the success of opportunity zones
Assets in impact investing continue to surge, buoyed by increasing investor interest in aligning financial goals with social and environmental objectives. Today such …
Opportunity Zones | September 5, 2018
Seizing the opportunity to finance small businesses in new opportunity zones
Steven Mnuchin, the U.S. Treasury Secretary, was in the Hamptons this summer talking up a group of wealthy investors. The topic: The business …
Entrepreneurship | August 23, 2018
‘Demand dividend’ emerges as alternative to venture capital financing
The artist-activist community Creative Action Network had completed the Matter.vc accelerator program and outgrown its efforts at bootstrapping. It struggled to find a …
Opportunity Zones | August 9, 2018
The Impact Alpha: Getting into the zone of inclusive opportunity
Maximum opportunity, maximum danger. That about sums up ImpactAlpha’s early coverage of “opportunity zones,” the impact investing story of the summer that is …
Entrepreneurship | August 9, 2018
Opportunity zone advocates call for market transparency and impact accountability
Engage communities. Measure impact. Share data. That’s the call to action for investors and other stakeholders considering investments in the 8,700 federally certified …
Entrepreneurship | August 7, 2018
Community capital stacks bring the right money to the table in new ‘opportunity zones’
The rebuilding of America’s low-income neighborhoods is not that different from the rebuilding of Houston after Hurricane Harvey. After a disaster, vulnerable communities …
Inclusive Economy | August 1, 2018
Real estate funds move into opportunity zones, raising concerns about displacement
Fundrise has made its mark by democratizing commercial real estate investing. By pooling commitments of as little as $10,000 from 50,000 investors, the …
Good Jobs | July 18, 2018
Early movers are getting a jump on opportunity zones – and the future of community investing
A tweak to the tax code has set off a race between rival approaches to investing in some of America’s poorest urban and …
Certified Opportunity Zones l Image credit: Economic Innovation Group
Inclusive Economy | June 18, 2018
Here are the 8,700 census tracts certified as Opportunity Zones
It’s official: Some census tracts are more equal than others. The Treasury Department certified 8,700 census tracts across the U.S. that are eligible …
Shopping district on Third Ave. July 10, 2008 in the "HUB" in the Bronx near Willis Avenue, Third Avenue and 149th Street meet in the Bronx, NY. Original Filename: storefrontssabo3200.JPG
Opportunity Zones | June 13, 2018
Impact investors mobilize around inclusive Opportunity Zones
The passage of the Investing in Opportunity Act created equal parts enthusiasm and anxiety. Now, worry has, at least in part, begun to …
Inclusive Economy | May 16, 2018
Getting ready for the opportunity – and peril – in Opportunity Zones
ImpactAlpha, May 16 – “The single biggest tax incentive to invest in low-income communities across America that we’ve seen in 100 years.” That is …
Entrepreneurship | April 9, 2018
Opportunity Zones need responsive, transparent and long term investments
ImpactAlpha, April 9 – As Washington celebrated the overhaul of the tax system earlier this winter, those of us committed to under-resourced communities …
Entrepreneurship | March 22, 2018
States have identified their Opportunity Zones. Now what?
Wednesday’s deadline for identifying such zones under a provision of last year’s Tax Cuts and Jobs Act forced tough choices. States were able …
Entrepreneurship | February 9, 2018
John Lettieri and Steve Glickman: Turning capital gains into community investments
New Revivalists is a series from ImpactAlpha and Village Capital profiling the people, places and policies reviving entrepreneurship — and the American Dream. New Revivalists: John …
Democracy and Peace | January 3, 2018
The new loophole in the U.S. tax bill that could draw private capital to distressed communities
The intention to generate social or environmental benefit is key to impact investing. But a tax break can be an additional incentive. Among …
Entrepreneurship | March 31, 2017
Bipartisan legislation to bring private investment to America’s “emerging markets”
More than three-quarters of all venture capital investment went to California, New York and Massachusetts last year. A new bipartisan bill, the “Investing in …