Wyden Letter Seeks Investment Information from Qualified Opportunity Funds
Sen. Ron Wyden, D-Oregon, chair of the Senate Finance Committee, today sent letters to several qualified opportunity funds (QOFs) seeking detailed information about the opportunity zones (OZ) incentive projects into which they have invested. Wyden requested responses as soon as possible, but no later than Feb. 3. Wyden requested details including the list of all OZ projects, job creation data, details of OZ-related tax benefits, timelines and more.
The state of the OZ incentive will be the focus of the Novogradac 2022 Spring Opportunity Zones Conference, April 21-22 in Long Beach, California.