Empowering communities to take ownership of their own Opportunity Zones

A common thread throughout the Forbes Opportunity Zones Summit in Newark this week: Ensuring those living and working in Opportunity Zones are empowered to use the tax incentive to take an ownership stake in their own neighborhoods.

Rockefeller Foundation seeds city-level support for Opportunity Zones

Rockefeller will provide funding and human resources to six cities, beginning with Newark, over two years to support city-level Chief Opportunity Zone Officers, as well as community engagement specialists.

Catalyst launches $150 million impact-focused Opportunity Fund

Jim Sorenson, an early proponent of Opportunity Zones, is seeding the fund with $10 million.

Impact Community Capital recycles affordable housing financing with Freddie Mac swaps

The San Francisco-based low-income housing lender is piloting a new structure to free capital to finance additional affordable unit

New Opportunity Zone rules and tools open the door for investments in local businesses

The 169-page Treasury document of proposed new rules for Opportunity Zones removes substantial obstacles for investments in local operating businesses.

Cities and investors de-mystify the Opportunity Zone capital stack

Conversations around Opportunity Zones have matured from what to how as deadlines loom for claiming full tax benefits.

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 Capital has launched a $25 million Opportunity Fund to buy up vacant and underutilized apartment and mixed-use properties in the San Francisco Bay Area and restore them as entry-level workforce housing. M31