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Cargominiums Opportunity Fund LLC | Cargominiums Opportunity Fund LLC

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 October 13, 2020:

218 Total Funds $46.9 Billion Total Anticipated Investment 63% of Funds Target Investment in Affordable Housing and Community Development

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Fund NameCargominiums Opportunity Fund LLC
Fund Manager or Organizer(s)Graham Allison
Fund Size$4,200,000
Fund-Related Websiteozdevgroup.com
Investment Focus
Affordable Housing, Community Revitalization, Economic Development, Renewable Energy Investment, Other
If Other, Please Specify:Impact investment
Geographic Focus
Ohio
Additional Fund Details

The Cargominiums Opportunity Fund LLC will complete a $6.6 million impact investment in the City of Columbus, Franklin County, Ohio. The 100-bed affordable housing solution will provide safe, modern, and sustainable transitional housing for restored citizens looking for a second chance through the State of Ohio’s Exit Program. Cargominiums Opportunity Fund is raising $4.2 million to complete construction of the 25-unit building using 54 shipping containers. Fully permitted and shovel ready, the Cargominium construction will be completed within nine (9) months with full occupancy scheduled for April 2020. In addition to assisting our nonprofit partner NISRE, Inc., in driving down recidivism rates for ex-felons, the Cargominiums Opportunity Fund is targeting a 15.444% IRR for investors over a 10-year holding period. Interested investors are subject to verification as accredited investors under Rule 506(c) of Regulation D of the Securities Act of 1933.

Organization Details

Opportunity Zone Development Group was formed to take full advantage of the capital incentives and community improvement mission of Opportunity Zones. Besides expertise in application of Opportunity Zone incentives, we bring investors and property owners an added advantage: decades of experience in financing, design, PR and government relations, construction, administration, and property management, all under a single accountability. Today, investors in emergent communities can rely on a full-service development model usually reserved for the largest players in real estate.

Fund Contact....
NameGraham Allison
Job TitleCEO and Co-Founder
Phone(614) 313-9538
EmailEmail hidden; Javascript is required.

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 “as is” without warranty of any kind. NCSHA does not accept responsibility or liability for the accuracy, content, completeness, or reliability of the information contained herein.

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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

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