Business Services

Opportunity Zone Warehouse

Welcome to the Opportunity Zone Warehouse.

The Opportunity Zone Program, enacted as part of the 2017 Tax Cut and Jobs Act, is a new federal economic development tool low income communities across the country can use to initiate economic and social growth. The heart of the program is uniting private capital, in the form of unrealized capital gains, with urban and rural communities that have great, untapped potential, but have historically lacked the resources to bring that potential to light. Through this new program, specifically identified communities in all 50 states, whether they be located in the heart of Appalachia or the center of Chicago, whether they be in the industrial communities of Ohio or in the West End of Louisville, have a chance to blossom and develop into strong centers of commerce and culture.

Stites & Harbison is dedicated to community development and capital investment. We designed this Opportunity Zone Warehouse as a way of facilitating Opportunity Zone transactions, by linking Projects, Qualified Opportunity Funds, and Investors with one another, and which allows the parties to find the best fit for their particular situation. By bringing others together, we envision this program producing great results and hope that this Warehouse is the conduit for those results. Because, as we all know, in order to produce greatness, sometimes all you need is the right opportunity.

To receive articles and alerts regarding Opportunity Zones, please email Kim Schmittel.

Main Contacts
See more related to Opportunity Zone Warehouse
Events

Kentucky Tax Conference

Date: 11/12/19 - 11/13/19
Time: 8:00 a.m. - 4:30 p.m.

Embassy Suites by Hilton Lexington/UK Coldstream, 1801 Newtown Pike, Lexington, KY 40511

Attorney Jim Seiffert will be a speaker at the Kentucky Chamber's Kentucky Tax Conference in Lexington, KY.

James C. Seiffert October 16, 2019
Events

4th Annual Louisville Commercial Real Estate Summit

Date: 9/19/19
Time: 8:45 a.m. - 11:45 a.m.

The Omni, 400 Second Street, Louisville, KY

Jim Seiffert will be a speaker at this Real Estate summit in Louisville, KY, on September 19, 2019.

James C. Seiffert August 14, 2019
Events

Global Executive Forum: Foreign Trade Zones, Optimizing Savings and Operations

Date: 4/18/19
Time: 8:00 a.m. - 10:00 a.m.

The Olmsted, 3701 Frankfort Avenue, Louisville, KY 40207

Jim Seiffert will be part of a panel discussing the impact on trade and economic development in within the Commonwealth of Kentucky.

James C. Seiffert April 09, 2019
Events

Tennessee Opportunity Zone Initiative Workshop

Date: 3/21/19
Time: 4:00 p.m. - 6:30 p.m.

Stites & Harbison, PLLC, 401 Commerce Street, Suite 800, Nashville, TN 37219

Please join the Stites & Harbison panel of national, state and local professionals to learn about the Tennessee Opportunity Zone Initiative.

James C. Seiffert and J. David Wicker March 08, 2019
Client Alerts

Structuring a Qualified Opportunity Zone Fund—What You Need to Know

Since the enactment of the Opportunity Zone program over a year ago, the focus has been on gaining a better understanding of the workings of the program and its various applications. While the education curve has been demanding, it has not deterred taxpayers from taking advantage of the program.

by James C. Seiffert February 18, 2019
Client Alerts

$3.5 Billion in 2018/2019 New Markets Tax Credits to be Awarded in March 2019

In anticipation of the announcement of the $3.5 billion of New Markets Tax Credits (NMTC) allocation awards by the U.S. Department of the Treasury's Community Development Financial Institutions Fund next month, Stites & Harbison will conduct its fifth annual New Markets Tax Credits Workshop on Wednesday, February 13th.

by James C. Seiffert and Jameson M. Seiffert February 04, 2019
Client Alerts

Trump Goes All In On Opportunity Zones with Recent Executive Order

President Trump’s recent executive order offers a full-throated endorsement of the Qualified Opportunity Zone Program. The Order, signed on December 11, 2018, establishes the White House Opportunity and Revitalization Council.

by John S. Wathen December 21, 2018
Events

Kentucky Opportunity Zone

Date: 11/27/18

Stites & Harbison,PLLC, 400 West Market Street, Suite 1800, Louisville, KY 40202

Please join the Stites & Harbison Opportunity Zone team for a discussion on how the newly issued IRS proposed regulations provide clear and practical guidance on the scope and application of the Opportunity Zone program.

James C. Seiffert November 27, 2018
Articles

IRS Issues the Opportunity Zone Regulations; The Race Is On

On October 19, 2018, the U.S. Department of Treasury and the Internal Revenue Service released the first set of the proposed regulations (the “Proposed Regulations”), along with Rev. Rul. 2018-29 and an updated Internal Revenue Service (“IRS”) Frequently Asked Questions, which provide guidance on exactly how the Opportunity Zone program is intended to work.

by James C. Seiffert and Jameson M. Seiffert November 14, 2018
Client Alerts

The Opportunity Zone - Do the Math

On April 9, 2018, upon receiving certification of the 144 Kentucky Opportunity Zones by the U.S. Department of the Treasury, Governor Matt Bevin announced that “Kentucky will maximize this golden chance to attract economic development...
by James C. Seiffert and Jameson M. Seiffert October 23, 2018