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Opportunity Zones

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

On April 16, 2019, the Department of the Treasury (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 (QOFs).

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.

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...