Alliant Strategic Investments announces construction on affordable housing property in Opportunity Zone
Alliant Strategic Investments (“ASI”) announced that construction is underway on one of the first affordable housing properties in the nation to utilize the recent Opportunity Zone legislation alongside the low-income housing tax credit (LIHTC).
Read moreGov. Newsom says Trump-backed investment program could boost California
Newsom said the Opportunity Zones program could help address two of the state’s major challenges: promoting energy investment to meet its climate change goals and providing funding for housing amid a shortage that has exacerbated income inequality.
Read moreFund Raising for Qualified Opportunity Zones Is Starting to Trickle In
The zones, created in one of the few bipartisan successes of recent years, allow capital-gains holders to defer taxes on those gains by investing them in these designated areas, through property or business equity.
Read moreThese Opportunity Zone Investors Want to Support Local Businesses
Through the Tax Cuts and Jobs Act passed in 2017, the federal government has created nearly 9,000 “Opportunity Zones” in the U.S. to stimulate investment in low-income communities.
Read moreA nation of neighborhoods
Policymakers and business leaders are confronting two emerging challenges facing the country.
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