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Investing In Opportunity Zones

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As part of the 2017 Tax Cuts and Jobs Act, Qualified Opportunity Zones across the U.S. provide a vehicle to reinvest capital gains for near- and long-term tax benefits.

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Zoning Regulations Pose Challenges for Regional Builders, but Three Female-Led Projects May Help

Pro Builder

Zoning Regulations Pose Challenges for Regional Builders, but Three Female-Led Projects May Help. These trailblazing women are digitizing zoning codes and regulations to help builders create more affordable housing. Mon, 07/11/2022 - 10:22.

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Can Single-Family Zoning Be Meaningfully Reversed?

Pro Builder

Can Single-Family Zoning Be Meaningfully Reversed? Single-family only zoning has long been the smart bomb NIMBYs and municipalities used to keep out developments that would add density, multifamily, and “those people” of a different race, ethnicity, or class from moving into their neighborhoods. Wed, 10/06/2021 - 10:19. Affordability.

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Chicago-area joint venture antes up $1 billion for Opportunity Zone development investment

BD+C

The Tax Cuts and Jobs Act of 2017 created the designation “Opportunity Zone,” for which the Internal Revenue Service will allow tax advantages for certain investments in lower-income areas when an Opportunity Fund invests more than 90% of its assets in a zoned property.

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Latest regulations for Opportunity Zone investments clarify qualifications for tax breaks

BD+C

Treasury Department and the Internal Revenue Service released new regulations and guidelines for investments in the 8,700 distressed or lower-income census tracts that governors across the country have designated as Opportunity Zones (OZs).

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Mortgages Remain Within Affordable Levels Despite Rising Prices

Pro Builder

A recent Realtor.com report found buyers put down 21% of their household income before taxes toward monthly mortgage payments in May. share of income over the past decade, but remains within the affordable range. The affordability zone for housing is anything less than 30% of the buyer's income.

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Austin creates innovative plan to boost affordable housing

BD+C

The plan relaxes zoning restrictions and provides incentives for higher density construction in affordable and mixed-income developments. To qualify, 50% of the housing in a development must be affordable—priced for families earning 60% or less of median family income (MFI) for the area.

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