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Opportunity Zones

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 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...

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...

NCSHA Guidance Request Letter to IRS on Opportunity Zones

At NCSHA’s 2018 Annual Conference, NCSHA’s Opportunity Zone Focus Group approved a letter to the Internal Revenue Service requesting guidance on implementation of Opportunity Zone (OZ) provisions in the recently enacted Tax Cuts and Jobs Act of 2017.

IRS Proposed Regulations: Investing In Qualified Opportunity Funds, October 2018

October 19, 2018, the Treasury Department released proposed regulations providing guidance on the Opportunity Zone (OZ) provisions of Internal Revenue Code section 1400Z-2.

IRS Revenue Ruling 2018-29: Special Rules for Capital Gains Invested in Opportunity Zones, October 2018

On October 18, 2018, the Treasury Department released proposed regulations providing guidance on the Opportunity Zone (OZ) provisions of Internal Revenue Code section 1400Z-2.

The HFA Role in Opportunity Zones (AC18)

Housing policy experts explain the new Opportunity Zone program to encourage investment in economically distressed neighborhoods through favorable capital gains treatment and other tax...

Understanding Opportunity Zones (HCC18)

Opportunity Zones, a new community development tool authorized in the 2017 tax reform bill, encourage investment in designated high-poverty neighborhoods through favorable capital gains treatment...