Funds on Novogradac Opportunity Zones List Surpass $10 Billion in Equity Raised

Thursday, April 30, 2020 - 8:30am

Qualified opportunity funds (QOFs) listed on the Novogradac Opportunity Funds List page have surpassed $10 billion in equity raised, continuing a steady increase in investment in the opportunity zones (OZ) incentive. The 406 equity-raising QOFs on the Novogradac list report having raised $10.09 billion–about a 50 percent increase since the last update in January. A Notes from Novogradac blog post explores the numbers and provides context for the milestone in the midst of the COVID-19 pandemic.