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Opportunity Zones

Opportunity Zone Fund Directory

The Opportunity Zone Fund Directory is a compilation of Opportunity Zone funding opportunities. This resource provides descriptions and contact information for publicly-announced funds that have been...

White House Fact Sheet on How Opportunity Zones Address Geographic Inequality

This fact sheet contains statements from President Donald J. Trump's address of geographic inequality by promoting investment in opportunity zones.

The White House Opportunity and Revitalization Council: Completed Program Targeting Actions

This document reference the Opportunity Zone tax incentive as a powerful tool meant to bring private capital to undeserved communities.

IRS Form 8996: Qualified Opportunity Fund

The IRS Form 8996 is used to clarify that a corporation or partnership is a qualified opportunity fund and to annually report whether the fund met the investment standard during its tax year.

Request for Information on Data Collection and Tracking for Qualified Opportunity Zones

On April 16, 2019, the Department of the Treasury published this Notice and Request for Information to seek public input on the development of public information collection and tracking related to investment in Qualified Opportunity Funds.

IRS Second Set of Proposed Regulations: Investing In Qualified Opportunity Funds, April 2019

April 17, 2019, the Treasury Department released its second set of proposed regulations providing guidance on the Opportunity Zone (OZ) provisions of the Internal Revenue Service Code section 1400Z-2. The second set of proposed regulations address gains that may be deferred as a result of a taxpayer's investment in a qualified opportunity fund (QOF), as well as special rules for an investment in a QOF helf by a taxpayer for at least 10 years.

NCSHA Public Hearing Statement to IRS on Opportunity Zone Proposed Regulations

On February 14, 2019, during an Internal Revenue Service (IRS) public hearing on proposed Opportunity Zone regulations, Executive Director Stockton Williams urged IRS to implement regulations that strengthen the ability of Opportunity Zone tax incentives to expand and preserve affordable housing. In his testimony, Williams highlighted the importance of ensuring Opportunity Zone incentives can be put to work redeveloping vacant land in distressed communities, which represents a huge, largely untapped potential resource for affordable housing in many cities across the United States.

Opportunity Zones | Articles and Background Materials

Access recent Opportunity Zones articles curated by NCSHA staff. 

NCSHA Opportunity Zone Fund Directory Submission Form

The Opportunity Zone Fund Directory is a compilation of Opportunity Zone funding opportunities. This resource provides descriptions and contact information for publicly-announced funds that have...