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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 July 1, 2020:

215 Total Funds $47.2 Billion Total Anticipated Investment 63% of Funds Target Investment in Affordable Housing and Community Development

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Fund NameDREAM Fund
Fund Manager or Organizer(s)Minnesota Opportunity Zone Advisors
Fund Size$100,000,000
Investment Focus
Commercial Real Estate, Community Revitalization, Economic Development, Mixed-use Development, Multifamily Residential, Renewable Energy Investment, Workforce Housing
Geographic Focus
Additional Fund Details

Minnesota Opportunity Zone Advisors seeks to inspire and serve mission-driven individual and institutional investors to contribute to the economic and social vitality of Minnesota. We do this by funding and executing quality new and substantial redevelopment real estate projects in Opportunity Zones that can achieve the triple bottom line of positive economic, social, and environmental impact in our communities.

Organization Details

The DREAM Fund sponsor is a Delaware Statutory Benefit LLC with a stated social mission and reporting requirements. The Fund is organized as a 144A securities offering for Accredited Investors.

Fund Contact....
NameJamie Stolpestad
Job TitleManaging Partner
Phone(203) 585-7248
EmailEmail hidden; Javascript is required.
Additional Comments

We are seeking community-driven projects and anticipate greatest investor interest from those who prefer to invest locally and put their money where their heart is.

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.

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 NCSHA’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

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

Ox Fibre Apartments

Parramore Oaks

The Tappan