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Opportunity Zone Fund Directory

The Opportunity Zone Fund Directory is a compilation of publicly-announced funds formed to attract investment in Opportunity Zones (OZs). NCSHA is tracking only multi-project OZ funds. To learn more about a fund included in this directory, click on the name.

Please review the terms of the use before using the directory. To request to add your fund to the directory, please complete this form.

Directory Stats as of February 27, 2024:

248 Total Funds ā–  $50.19 Billion Total Anticipated Investment ā–  56% of Funds Target Investment in Affordable Housing and Community Development

Opportunity Zone Case Studies

Displaying 1 - 25 of 247

 Fund Name Fund Size Max Geographic Focus Investment Focus Entry Date
OZ Growth Fund$100,000,000
Nationwide
Commercial Real Estate, Economic Development, Hospitality Development, Mixed-use Development, Small Business Development, Workforce Housing
February 12, 2024
ClearSkies Fund LLC$100,000,000
Nationwide
Mixed-use Development, Renewable Energy Investment
January 14, 2024
Watershed Opportunity Zone Fund$100,000,000
Idaho
Affordable Housing, Community Revitalization, Economic Development, Mixed-use Development, Multifamily Residential, Workforce Housing
November 4, 2023
Propel Opportunity Fund$450,000,000
Nationwide
Commercial Real Estate, Community Revitalization, Economic Development, Hospitality Development, Mixed-use Development, Multifamily Residential, Workforce Housing
November 3, 2023
AIC CEI-Boulos Opportunity Fund$100,000,000
Nationwide
Affordable Housing, Commercial Real Estate, Community Revitalization, Economic Development, Mixed-use Development, Multifamily Residential, Small Business Development, Student Housing, Workforce Housing
October 2, 2023
Origin Opportunity Zone Fund III, LLC$400,000,000
Arizona, Colorado, Florida, Georgia, Nevada, North Carolina, South Carolina, Tennessee, Texas
Multifamily Residential, Single Family Residential
August 10, 2023
River Queen Holdings LLC$10,000,000
California
Commercial Real Estate, Community Revitalization, Economic Development, Hospitality Development, Mixed-use Development, Renewable Energy Investment, Small Business Development
March 8, 2023
Aviation.One$40,000,000
Arizona
Community Revitalization, Economic Development
March 2, 2023
Coastal Bend OZ Fund LLC$25,000,000
Texas
Commercial Real Estate, Hospitality Development, Mixed-use Development, Multifamily Residential
January 28, 2023
KCDC OPPORTUNITY FUND LLC$100,000,000
New Jersey
Affordable Housing, Commercial Real Estate, Community Revitalization, Economic Development, Infrastructure Investment, Mixed-use Development, Renewable Energy Investment
January 18, 2023
Cattle n Clover$4,100,000
Nationwide
Commercial Real Estate, Hospitality Development, Mixed-use Development, Multifamily Residential, Student Housing
January 6, 2023
Calhoun County, Iowa: New Cobblestone Inn & Suites$6,800,000
Iowa
Hospitality Development
August 7, 2022
Milhaus QOZ Fund XII$80,000,000
Colorado
Multifamily Residential
July 18, 2022
Milhaus QOZ Fund XI$117,000,000
Colorado
Multifamily Residential
July 18, 2022
Milhaus QOZ Fund X$116,000,000
Arizona
Multifamily Residential
July 18, 2022
GTIS Qualified Opportunity Zone Fund II$500,000,000
Nationwide
Mixed-use Development, Multifamily Residential, Single Family Residential, Student Housing
March 10, 2022
PEG OZ Investors 2021, LLC$50,000,000
Arizona, Utah
Hospitality Development, Workforce Housing
November 22, 2021
CBUS OPPORTUNITY ZONE FUND III$50,000,000
Ohio
Commercial Real Estate, Community Revitalization, Economic Development, Mixed-use Development, Multifamily Residential, Single Family Residential, Small Business Development, Workforce Housing
November 3, 2021
Bridge Investment Group Opportunity Zone StrategyUnspecified
Nationwide
Affordable Housing, Commercial Real Estate, Community Revitalization, Mixed-use Development, Multifamily Residential, Renewable Energy Investment, Single Family Residential, Workforce Housing
October 6, 2021
OZFund, Inc.$200,000,000
Pennsylvania
Affordable Housing, Economic Development, Mixed-use Development
August 5, 2021
INYOAG OZ FUNDING LLC$66,000,000
California
Affordable Housing, Community Revitalization, Economic Development, Infrastructure Investment, Mixed-use Development, Multifamily Residential, Renewable Energy Investment, Single Family Residential, Small Business Development, Workforce Housing, Other
July 14, 2021
Park View OZ REIT Inc$50,000,000
Nationwide
Commercial Real Estate, Hospitality Development, Mixed-use Development, Workforce Housing
July 2, 2021
Rainbird Village$500,000,000
Nationwide, Utah
Affordable Housing, Economic Development, Hospitality Development, Mixed-use Development, Multifamily Residential, Renewable Energy Investment, Single Family Residential, Small Business Development, Student Housing, Workforce Housing
May 4, 2021
Blueprint Southeast$30,000,000
Alabama, Georgia, North Carolina, South Carolina, Virginia
Affordable Housing, Commercial Real Estate, Community Revitalization, Economic Development, Mixed-use Development, Multifamily Residential, Small Business Development, Workforce Housing
May 4, 2021
GTIS Qualified Opportunity Fund$500,000,000
Arizona, California, Colorado, Delaware, District Of Columbia, Florida, Georgia, Maryland, Nevada, New Jersey, New York, North Carolina, South Carolina, Tennessee, Texas, Utah, Virginia
Mixed-use Development, Multifamily Residential, Single Family Residential
April 15, 2021
 Fund Name Fund Size Max Geographic Focus Investment Focus Entry Date


The listings on this page are provided as a free service to potential community development funding recipients. The information contained on this page is for informational purposes only and does not constitute an offer to sell or solicitation of an offer to buy securities. NCSHA does not provide investment advice, and these listings are not to be construed as a recommendation to engage in a transaction with a particular party.

The information above is based solely on information provided to NCSHA by the listed contact person for each company, and NCSHA is not responsible for any inaccurate or out-of-date information in these listings. Companies utilizing this free listing are solely responsible for obtaining necessary clearances from their compliance departments.

The information in this directory is provided ā€œas isā€ without warranty of any kind. NCSHA does not accept responsibility or liability for the accuracy, content, completeness, or reliability of the information contained herein.

NCSHA will not be liable for any loss or damage that may arise as a result of the use of the information contained herein. This directory provides direct links to websites owned by other parties. The content of such sites is not within NCSHAā€™s control; NCSHA cannot take responsibility for the information or content thereon.

NCSHA will continue to update the directory as it becomes aware of new funds or changes to the information listed on ncsha.org.


Case Studies: Opportunity Zone Investment in Affordable Housing and Community Revitalization

Ox Fibre Apartments

Parramore Oaks

The Tappan