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Fundrise Opportunity Fund

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 NameFundrise Opportunity Fund
Fund Manager or Organizer(s)Rise Companies Corp.
Fund Size$500,000,000
Investment Focus
Commercial Real Estate, Mixed-use Development, Multifamily Residential
Geographic Focus
Organization Details

Fundrise Opportunity Fund is a recently organized Delaware limited partnership formed to
originate, invest in, and manage a diversified portfolio of commercial real estate properties, joint-venture equity investments, and other real estate-related assets that are compelling from a risk-return perspective, particularly with a focus on multifamily rental units and office buildings located in Qualified Opportunity Zones, as designated by the 2017 H.R. 1, known as the Tax Cuts and Jobs Act.

The Fund is managed by Fundrise Advisors LLC, a registered investment adviser with the SEC and wholly-owned subsidiary of Rise Companies Corp., the parent company of Fundrise. As of June 30, 2018, Rise Companies Corp., as a sponsor, has originated and invested in real estate with an aggregate purchase price of $2.3 billion and manages eight proprietary real estate investment vehicles.

The Fund anticipates an investment term of no less than 10 years in order to capture the full tax benefits offered under the tax code for Opportunity Funds.

Fund Contact....
NameBenjamin Miller
Job TitleCEO
Phone(202) 584-0550
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.

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