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.
- 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
- Nashville
- Memphis
- 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
- News & Events
- Terms & Conditions / Privacy Policy
- Sign-up
To receive articles and alerts regarding Opportunity Zones, please email Kim Schmittel.
$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.
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.
Kentucky Opportunity Zone
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.
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.
The Opportunity Zone - Do the Math
Kentucky Opportunity Zone Initiative Workshop
Stites & Harbison, PLLC, 400 West Market Street, Suite 1800, Louisville, KY 40202
A Primer on the Kentucky Opportunity Zones Initiative
The Tax Cuts and Jobs Act, Pub. L. 115-97 (the “Act”), signed into law on December 22, 2017, introduced the Opportunity Zone program (Internal Revenue Code §1400Z-1 and §1400Z-2) which provides a new federal framework for stimulating private investment in economically distressed areas across the country.