What are Opportunity Zones?
Opportunity Zones are census tracts designated by state and federal governments targeted for economic development.
What is an Opportunity Fund?
An Opportunity Fund is a new investment vehicle created as part of the Tax Cuts and Jobs Act of 2017 to incentivize investment in targeted communities called Opportunity Zones.
Why invest in Opportunity Funds?
Opportunity Funds allow investors to defer federal taxes on any recent capital gains until December 31, 2026, reduce that tax payment by up to 15%, and pay as little as zero taxes on potential profits from an Opportunity Fund if the investment is held for 10 years.
Horizon Companies has put a development team in place that will focus exclusively on O-Zone developments. We have identified several markets in the southeastern region that will be our target markets for rebuilding communities through Opportunity Zone funding.
Click here to learn more about where O-Zones are located.