Opportunity Zones

With opportunity zones fueling new development activity, could construction costs start to increase again in 2020?

The initiative is part of a $100-million strategy announced last Friday by Fifth Third Bank to invest in Qualified Opportunity Zones across the nation

The benefits of the opportunity zone model will be part of the solution in bringing more affordable housing to the market.

The final guidance on the opportunity zone regulations could help investors avoid the substantial improvement requirement.

There has been a delay in development starts for opportunity zone projects as a result of the lack of clarity in the regulations.

This investment marks Canyon's third joint venture equity investment into opportunity zones, and second investment in partnership with Fore.

With final regulations released last month, investors finally have clarity on a host of issues, and some of the new rules and expansions will make investment, development and operation of QOZ projects more attractive.

Some of the benefit that you receive later via taxes is being offset by the increased price of the land on many of these deals.