Opportunity Zones Coalition Portal

The Opportunity Zones Coalition is a diverse membership-based group of investors, philanthropy, financial institutions, non-profits, and service providers that are working together to support Opportunity Zones implementation and ecosystem development nationwide. The content on this page is for Coalition members only.

If you are a member of the Coalition, please login. If you are interested in receiving more information about membership, please contact Catherine Lyons, Manager of Policy and Coalitions, at [email protected].

Coalition Content:

Comment Letters and Issue Memos

  • EIG’s Comment Letter submitted June 11, 2021 on Proposed Regulations on Requirements for Certain Foreign
    Persons and Certain Foreign-Owned Partnerships Investing in Qualified Opportunity Funds and Flexibility for Working Capital Safe Harbor Plans
  • EIG’s Comment Letter submitted May 11, 2021 on Impact of Changes on Qualified Opportunity Zone Census Tracts
  • EIG’s Policy Recommendations Letter submitted March 11, 2021 on Legislative and Regulatory Modifications to the Opportunity Zone Incentive
  • EIG’s Comment Letter submitted February 16, 2021, in response to the Advance Notice of Proposed Rulemaking, Community Reinvestment Act, issued October 19, 2020
  • EIG’s Comment Letter submitted April 1, 2020, on COVID-19 Relief for Qualified Opportunity Zone Deadlines
  • Comment Letter submitted April 8, 2020, in response to the Notice of Proposed Rulemaking on Proposed Community Reinvestment Act Regulations, published January 9, 2020.
  • Comment Letter submitted December 2, 2019, in response to the draft Form 8997, Initial and Annual Statements of Qualified Opportunity Fund Investments, published on October 1, 2019 (84 FR 52176).
  • Comment Letter submitted November 29, 2019, in response to the draft Form 8996, Qualified Opportunity Fund, published on October 30, 2019.
  • Comment Letter submitted October 18, 2019, in response to the Review of Department of Commerce Policy in Opportunity Zones (84 FR 45946)
  • Comment Letter submitted July 1, 2019, in response to the Notice of Proposed Rulemaking on Investing in Qualified Opportunity Funds, published May 1, 2019 (REG-120186-18)
  • Comment Letter submitted May 31, 2019, in response to the Request for Information on Data Collection and Tracking for Qualified Opportunity Zones, published May 1, 2019 (84 FR 18648)
  • Comment Letter submitted December 27, 2018, in response to the Notice of Proposed Rulemaking on Investing in Qualified Opportunity Funds, published October 29, 2018 (REG–115420–18)
  • Comment Letter submitted June 18, 2018, on forthcoming administrative rules and guidance from the U.S. Department of Treasury and the Internal Revenue Service.
  • Issue Memo: Reasonable Time for Making Qualified Opportunity Fund Investments, October 3, 2019
  • Issue Memo: Opportunity Zones – Aggregation of Assets for Purposes of the Substantial Improvement Test, September 20, 2019
  • Issue Memo: Opportunity Zones – Vacant Property Threshold, September 20, 2019
  • Issue Memo: Opportunity Zones – Anti-Abuse Rules, September 20, 2019
  • Issue Memo: Opportunity Zones – Structuring Exit After 10-Year Holding Period, September 20, 2019

EIG Resources

  • Coalition Member Directory
  • QOZ Investment Considerations 01.13
  • EIG Summary of the Final Opportunity Zones Regulations
  • Summary of Correcting Amendments to Final OZ Regulations
  • FAQs on the Second Round of Proposed Opportunity Zones Regulations
  • 2020 State and Local OZ Legislation Summary
  • Recording and Agenda of the Technical Assistance Working Group call – 1/31/20
    • Disclaimer: The material discussed on this working group call is for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. The views represented on this call do not necessarily reflect those held by the Economic Innovation Group.
  • Recording and Agenda of the Technical Assistance Working Group call – 3/20/20
    • Disclaimer: The material discussed on this working group call is for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. The views represented on this call do not necessarily reflect those held by the Economic Innovation Group.
  • Recording of Call with White House Economist on Latest CEA OZ Report

EIG Opportunity Zones Webinars

On November 16, the Economic Innovation Group (EIG) hosted a webinar to discuss how the Opportunity Zones policy may be shaped by the Biden Administration and future congressional action. Guest speakers Emily Lavery from the Office of Senator Tim Scott (R-SC), Chad Maisel from the Office of Senator Cory Booker (D-NJ), and Michael Novogradac from Novogradac & Company, LLP shared insights on the outlook for enacting legislative measures in the lame duck session and 117th Congress, as well as the proposed reforms included in President-elect Biden’s plan to advance racial equity.

Previous webinars:

EIG Contact:

Catherine Lyons

Manager of Policy and Coalitions

[email protected]

Previous Testimonial

Creating a stronger, fairer New Jersey begins with expanding opportunity equally across all communities; the Opportunity Zone Program will be a vital resource in stimulating long-term economic growth and investment in cities and towns that need it most, and more importantly, in generating economic opportunities for our residents.

Phil Murphy

Governor of New Jersey

We focused on local, regional, and state priorities, as well as Virginia’s diverse geography and economic opportunities, to strategically select a balance of zones that align with other state and local economic development and revitalization efforts. My administration is committed to maximizing this important federal tool to strengthen our local and state economic development efforts and ensure Virginia is at the forefront of attracting new Opportunity fund investments.

Ralph Northam

Governor of Virginia

Opportunity Zones are an exciting new tool for building economic development in underserved communities. These grants will help guide us as we implement the program to maximize the benefits of job creation and neighborhood improvement in the most vulnerable areas of our city.

Keisha Lance-Bottoms

Mayor of Atlanta, Georgia

My administration believes that Opportunity Zones can only work to revitalize our neighborhoods when local knowledge, creativity and ingenuity are harnessed to invest in the quality of life of our residents. That is why we are setting a goal to train 500 Birmingham residents on Opportunity Zones by summer 2020 so that residents can identify and shape projects throughout our city.

Randall Woodfin

Mayor of Birmingham, Alabama

We are honored to be recognized as a national leader in Opportunity Zones. With 126 designated zones that span the state, Colorado’s Opportunity Zones are attracting capital to our state, helping to grow our economy and supporting our rural communities. I’m proud of all the hard work so many have done to ensure Colorado leads the way in deploying this compelling federal tax incentive.

Jared Polis

Governor of Colorado

These Opportunity Zone designations will help build on our ongoing community development efforts and encourage additional private investment where it can have the most impact – in economically-distressed communities.

John Carney

Governor, Delaware

By investing $12 million in Rebuild Illinois funds in Opportunity Zone projects, we can take advantage of this federal tax incentive to stretch our capital dollars further while creating jobs and opportunities in communities that have suffered from a lack of investment for decades.

J.B. Pritzker

Governor of Illinois

Opportunity Zones have the potential to generate the kind of economic activity that can transform lower-income areas across our state. Our economic developers, local governments and investment professionals are well-positioned to put this program to work for Louisiana.

John Bel Edwards

Governor of Louisiana

We plan to do everything in our power to utilize new and existing state and federal programs, grants and funding sources, and to have all of our state agencies work collaboratively with our county and municipal governments and the private sector to supercharge our opportunity zone revitalization. Our plan is to make Maryland’s 149 opportunity zones the most competitive ones in America.

Larry Hogan

Governor of Maryland

The opportunity zone program helps leverage private investment in Massachusetts cities and towns and can be a catalyst for job creation and economic activity.

Charlie Baker

Governor of Massachusetts

If we want to call Michigan a successful state, we’ve got to expand opportunities for business owners in our opportunity zones. I’m confident that the cabinet I put together will partner with Michigan business owners and ensure they have the resources they need to create more good-paying jobs. This executive directive will take a much-needed step toward building vibrant communities here in Michigan.

Gretchen Whitmer

Governor of Michigan

The Opportunity Zones program provides Minnesota a great opportunity to work with local community leaders and our federal partners to build upon that important work and improve people’s lives.

Mark Dayton

Former Governor of Minnesota

One of the goals of my administration is to spread investment to all corners of New Mexico and we want to use every tool we can to accomplish that. That’s why we are going ‘all in’ for Opportunity Zones and giving an extra boost to help these communities.

Michelle Lujan Grisham

Governor of New Mexico

These Opportunity Zones and the funds that support them will provide access to capital in low-income communities that otherwise may not attract it. It’s another tool to help cities reach their full potential and create healthy, vibrant communities that can attract and retain a 21st-century workforce.

Doug Burgum

Governor of North Dakota

Communities nationwide are competing for private investment in their Opportunity Zones, and we want to give Ohio communities the edge. This will make it more attractive for investors to direct their investments here.

Mike DeWine

Governor of Ohio

Our goal is economic prosperity for all Utahns. Opportunity Zones will go a long way in helping to support growth in economically-distressed areas throughout the state.

Gary Herbert

Governor of Utah

We are focused on leveraging the Opportunity Zones incentive to create new jobs, amenities, and economic opportunities for DC neighborhoods that need them most. With the OZ Marketplace and Community Corps, we are providing existing residents and small businesses owners with the expertise and platforms they need to navigate potential Opportunity Zone transactions.

Muriel Bowser

Mayor of Washington, D.C.

From the City of Pawtucket’s perspective, without those types of opportunity zones and the [tax-increment financing] district legislation, we would be sitting here as we have for the last twenty something years in Pawtucket without these types of developments.

Don Grebien

Mayor of Pawtucket, Rhode Island

Next Testimonial
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