Qualified Opportunity Zones legislation was a bipartisan effort designed to stimulate investment in economically distressed communities by offering tax incentives to investors.
The OZ tax code was first introduced to the country as part of the 2017 Tax Cuts and Jobs Act, which allowed for certain investments in lower-income areas to receive tax advantages. The program aims to attract private capital to projects that would otherwise be overlooked due to the investor’s reluctance to trigger a capital gains tax on assets. As of the end of 2024, data suggest that over $100 billion, potentially reaching $150 billion, has been invested in Opportunity Zones through Qualified Opportunity Funds (QOFs). Some have estimated that QOZs were responsible for a net increase of 313,000 housing units
between Q3 2019 and Q3 2024.
Click here to download a copy of The Ultimate Guide to Qualified Opportunity Zones (QOZ/QOF).
The Ultimate Guide to DSTs