Opportunity Zones

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 information 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 information is the conduit for those results. Because, as we all know, in order to produce greatness, sometimes all you need is the right opportunity.

• The Basics of the Opportunity Zone Program
  • How Does it Work
  • Understanding the Opportunity Zone Program: Step-by-Step Analysis
  • Opportunity Zone Regulations
• Opportunity Zones
  • Commonwealth of Kentucky (144)
  • Metro Louisville (19)
  • Tennessee
  • Georgia
  • Atlanta
• Opportunity Zone Funds
  • OZ Fund Profile
  • Opportunity Zone Funds Directory
  • Fund Registration Application
• Opportunity Zone Projects
  • OZ Project Profiles Information
  • Opportunity Zone Project Directory
  • Project Registration Application
    
• Resources
  • IRC Section 140OZ-2: Special Rules for Capital Gains Invested in Opportunity Zones
  • Proposed Treasury Regulations (October 18, 2018)
  • Revenue Ruling 2018-19
  • Internal Revenue Service, Opportunity Zones Frequently Asked Questions
    
• News & Events
  • EVENT: Tennessee Opportunity Zone Initiative Workshop - March 21, 2019
    
  • Structuring a Qualified Opportunity Zone Fund - What You Need to Know
    
  • Trump Goes All In On Opportunity Zones with Recent Executive Order
  • IRS Issues the Opportunity Zone Regulations; The Race Is
  • The Opportunity Zone - Do the Math
  • A Primer on the Kentucky Opportunity Zones Initiative
• Terms & Conditions / Privacy Policy

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