Opportunity Funds Listing

The listings on this page are provided as a free service to potential community development funding recipients.

The 116 funds listed on this page represent more than $26 billion in community development investing capacity.

The information contained on this page is for informational purposes only and does not constitute an offer to sell or solicitation of an offer to buy securities. Novogradac does not provide investment advice and these listings are not to be construed as a recommendation to engage in a transaction with a particular party. 

The information below is based solely on information provided to Novogradac by the listed contact person for each company and Novogradac is not responsible for any inaccurate or out of date information in these listings. Companies utilizing this free listing are solely responsible for obtaining necessary clearances from their compliance departments.

To be included in this list, please contact [email protected].

Fund Name
Fund Manager
Contact
Investment Footprint (Geographical Focus) Investment Focus Area
1787 Capital Opportunity Zone Fund
1787 Capital
Chris Jeter
646.283.7295
[email protected]
Mid-Atlantic and Southeast Partnering with public agencies and officials on key redevelopment projects; Transit-Oriented Development
3LB Equities Opportunity Zone Fund
3LB Equities
Adam Smith
817.406.0075
[email protected]
Texas Multi-family Acquisition and Development
Access Ventures Opportunity Fund
Access Ventures
Ross Baird
404.281.1254
[email protected]
National Operating businesses
Activated Capital Opportunity Zone Fund II
Activated Capital
Josh Burrell, CFA
212.320.8994
[email protected]
Mid-west and Southeast Substantial improvement residential, commercial and hospitality real estate.
Affordable Housing Opportunity Fund
LIHTC Development
Kim Miller
603.213.8620
[email protected]
National Multi-Family Development
Allagash Opportunity Zone CRE Fund I LP
Allagash Opportunity Zone Partners LLC
Tony Barkan, CEO / Co-Managing Principal
646-946-0482
[email protected]
Primarily Virginia and North Carolina Under-Performing, market rate, workforce multifamily properties.
Alpha Opportunity Zone Fund I
Thomas McGahan
Investor Relations
[email protected]
Cincinnati, OH; Columbus, OH; Houston, TX; Atlanta, GA; Memphis, TN; Pittsburgh, PA Affordable housing, Multifamily residential, Student housing
The Amina Fund
Deshanneé Johnice
D.D. Johnice
510.500.5134
[email protected]
50 US states, DC and US territories We develop science-based communities that include workforce and student housing, office buildings, light industrial and commercial, hotels, retail, schools and health and wellness facilities.
Arela Opportunity
Vernon Allamby
800.225.8116
[email protected]
Projects nationally with a prime focus on prime and secondary cities in the east, south east and mid Atlantic states. Primarily Residential Apartments, Rental Town Homes and Single family residence development. Substantial Improvement or Shovel Ready Development, Planned Community Redevelopment and Projects, Hospitality Projects, Student and Senior housing Projects.
Bay Area Opportunity Fund
Panoramic Interests
JP Walsh
415.701.7003
[email protected]
Bay Area Multi-Family Development
Beacon Rose Opportunities Zone Fund
Beacon Rose Partners LLC
Edgar Baek
415.862.0600
[email protected]
CA, NY, CT, MI Mixed-Use, Office, Retail, Multifamily, Student Housing
Bedford Funds, LP (OZF)
40 x 80 Group, LLC
Dean Praskach, Managing Director and CFO
412.302.7895
[email protected]
National in Scope Power Generation, Real Estate, Energy Technologies, and Workforce Development
Belpointe REIT, Inc.
Belpointe
Cody Laidlaw
203-561-0231
[email protected]
Nationwide Multifamily, Student Housing, Industrial, Hospitality
B'KOZ Opportunity Fund
Viceroy Equities
Joseph Douek
[email protected]
NYC, Brooklyn  
Blue Spruce Opportunity Fund
Community Capital Services
Timothy Lee
646-359-3710
[email protected]
metropolitan Denver, Colorado commercial real estate
Boston Financial Opportunity Zone Investment Fund I LP
Boston Financial Investment Management LP
Fred Copeman
617.488-3209
[email protected]
National New construction and acquisition/rehab projects generating low-income housing, historic and energy tax credits
Cabretta OZ HPP, LLC
Brent Watts
404-307-2868
[email protected]
Winston Salem North Carolina Single Asset Fund (Hyatt Place Hotel)
Cadre Opportunity Zones
Cadre
Charlie Anastasi
[email protected]
National Multifamily, Mixed-Use, Industrial
Caliber Tax Advantaged Opportunity Zone Fund LP
Caliber Companies
Chris Loeffler
480.295.7600
[email protected]
Southwest Hospitality, commercial and residential real estate
Campustown Opportunity Zone Fund
Jackson Dearborn Partners, LLC
Sean Lyons
312.878.7363
[email protected]
Midwest Student Housing and Multifamily Development
Carolina O Fund Umbrella
Hannah Kirby
919-448-7752
[email protected]
North Carolina Piedmont region (central North Carolina) Multi-family, Hospitality, Office
Cason Park OZ Fund, LLC
RH South Swell Development, LLC
Robert Harte
219-243-7184
[email protected]
ucdgrp.com
Tri-State Area – Chicagoland / Northwest Indiana / Southwest Michigan Resort Second Home Vacation Rentals / Mixed-Use – Coworking / Incubator / Office / Retail / Hotel / Workforce Housing /Affordable Housing / Land Development
Catalytic Opportunity Zone Fund, LLC
Catalytic Management, LLC
Daniel Hintz
[email protected]
Arkansas Real Estate and Hospitality
Cedar Creek Lake Opportunity Fund
Leslie Wulf
214 679 5263
[email protected]
Specific project outside Dallas/ Fort Worth Texas Texas
Certes Partners Opportunity Zone Fund
Certes Partners
Sunder Jambunathan
[email protected]
212-920-6146
NYC, Tri-state area Multifamily Development, Affordable Housing
CHARLESTON O Fund LP
Sanctuary Investment Group LLC
John J Coppola
843-437-5302
[email protected]
Charleston South Carolina Mid size, mixed-use, student housing, businesses, retail space.
Community Outcome Fund
Council Exchange Board of Trade
Karl Cureton
703-925-3334
[email protected]
Alabama, Arkansas, California, District of Columbia, Florida, Georgia, Illinois, Indiana, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Ohio, Puerto Rico, Texas, Virginia Affordable housing, Commercial real estate, Economic development, Infrastructure investment, Mixed-use development, Multifamily residential, Small business development, Student housing, Workforce housing
Connect UP! Integrated Capital Fund
Social Impact Strategies Group, LLC
Y. Elaine Rasmussen
651.242.9264
[email protected]
Mid-west and West Coast and Southwest Mixed-Use Real Estate near market rate
Cresset-Diversified QOZ Fund
Cresset-Diversified QOZ Management, LLC, a Delaware limited liability company
Nick Parrish
312.429.2450
[email protected]
Nationwide Real Estate development and redevelopment; multi-family, office and other asset types. Various identified Private Equity strategies.
CrossHarbor Opportunity Zone Partners 2019
Allan Jones
617-624-8328
[email protected]
nationwide multifamily
Defer Gain Fund I, LP
Defer Gain Fund, LLC
Jay Gold
(480) 729-6292
[email protected]
Arizona Multi-family and Hospitality real estate with a focus in downtown Phoenix and Metro areas
Detroit Opportunity Fund
Northcoast Capital
Matthew Temkin
212.658.1448
[email protected]
Detroit Multifamily Housing
D.R.E.A.M. Fund
Minnesota Opportunity Zone Advisors (“MN-OZA”) fund sponsor
Jamie Stolpestad
203.585.7248
[email protected]
Minnesota Real estate focused
Durango OZ Fund, LP
Alane Proctor
Drew Proctor
(856)332-8024
[email protected]
San Antonio, TX Downtown Multifamily
East Chicago Qualified Opportunity Fund, LLC
Scott Aschoff
856-313-3654
[email protected]
North West Indiana Industrial / High Cube Warehouse
ECD Opportunity Zones Impact Fund
ECD Capital Partners
Road Ammons
615.469.5609
[email protected]
Nationwide Affordable and Workforce housing and other commercial real estate projects in addition to investing in or acquiring businesses in these communities.
EJF OpZone Fund I
EJF Capital LLC
Carter Henderson
703.875.9121
[email protected]
National Real Estate Development
Emergent Communities Fund
Rivermont Enterprise Capital
Shekar Narasimhan
703.752.8321
[email protected]
Southeast U.S. with an initial focus in North Carolina and Virginia Sustainable, diverse, and dynamic economic growth revitalizing emerging main streets and supporting local entrepreneurs.
EquityMultiple Opportunity Fund
EquityMultiple
Watue Sowaprux
646.960.6144
[email protected]
National Commercial and Residential real estate
Florida Recovery Opportunity Fund, Inc.
David Sillaman
(833) 299-3648
[email protected]
Florida - Disaster Recovery Focused Disaster Recovery Focused
Fortuitous Partners
Brett Johnson
[email protected]
National Professional Sports anchored O-Zone Developments
The Fund of OZ Fund
L.W. Dusty Brogdon
972.482.2828
Arizona, Texas Affordable housing, mixed-use development, small business development
Fundrise Opportunity Fund
Fundrise
Ben Miller
202.584.0550
[email protected]
National Commercial and residential real estate
Galena Opportunity Fund
General Inquiries:
[email protected]
208-914-6131

Investor Inquiries:
[email protected]
Dan Fullmer
[email protected]
Acquisitions:
Lincoln Hagood
[email protected]
Intermountain West (Idaho, Utah, Wyoming, Montana, Washington, Oregon, Nevada, and NW Colorado) Multi-Family Development (Affordable, Student, Workforce, and Market Rate Housing.) and Mixed-Use Residentially Anchored Projects (Urban or Rural)
Gateway Opportunity Fund, Inc.
Larry Perkins
864-GATEWAY
[email protected]
Nationwide Community Revitalization, Commercial Real Estate, Infrastructure Investment, Mixed-use development
Golden Door Partners
Golden Door Asset Management
Vijar Kohli
646.820.5672
[email protected]
Northeast USA Operating Businesses
GoodHorn Senior Living Opportunity Zone Fund (Single Property Fund)
Austin Good
469.231.1383
[email protected]
Denton, TX (DFW) A Specific Property Fund setup for the construction and Operation of a 98 Bed Assisted Living & Memory Care Campus in Denton, TX located in the Opportunity Zone.
Gravitas Fund
Sebastian Partners
Tom Dashiell
510.919.1969
[email protected]
Aurora CO Master planned community with 1100 single family lots, 60 acres commercial and hospitality, 11 acres multi family.
Great Plains Opportunity Zone Fund
Kilbourne, LLC
Bill Rothman, CFO
701.237.2279
[email protected]
Upper Great Plains, with a unique focus on downtown Fargo, North Dakota Investment Focus Area: Mixed-use development through adaptive reuse and new construction, incorporating elements of multifamily, office, retail, and hospitality
Grubb Qualified Opportunity Fund
Grubb Fund Management, LLC
James Holleman
704.405.1163
[email protected]
Southeast, Mid-Atlantic, and Texas Properties that create synergies between office uses and multifamily uses to help reduce cost and enhance returns.
Habitat Homes – 3243 Drew Street, LLC
Ridaa Murad
Matt McCooey
516-448-5471
[email protected]
Los Angeles, CA Residential Development
Habitat Homes – 5625 Case, LLC
Ridaa Murad
Matt McCooey
516-448-5471
[email protected]
Los Angeles, CA Residential Development
HeroHomes.com Opportunity Zone Fund I, LLC
zeroto6t, inc. DBA HeroHomes.com
Reed M. Benet
415.342.3634
[email protected]
50 US States, Puerto Rico, USVI, Guam, American Samoa, Mariana Islands Co-ownership of entire renewed or new multi-family VA Loan benefit communities
HR Capital Fund
Nancy J. Kapp
773-968-8448
[email protected]
Pacific NW Workforce housing & mixed-use new construction developments; secondary markets
Humphreys Qualified Opportunity Fund 2019, LLC
Humphreys Capital
Braden Merritt
(405) 228-1000
[email protected]
Secondary and Tertiary Markets in the US Southeast, Southwest, and Midwest Multi-sector Real Estate Development (Multifamily, Industrial, Office, Retail, and Hospitality)
Illinois O Zone Collaborative
Ellington Capital Management
Ellington Ellis
616-265-0245
[email protected]
Illinois Operating Businesses/Real Estate
Industrial Focused Opportunity Fund
Foundation Capital Partners
David Steinberg
212.500.2164
[email protected]
Phoenix Industrial
KTC Opportunity Zone Fund
AMS Commercial Real Estate
Chase Belew
512.773.1793
[email protected]
Texas and Hawaii Hospitality and mixed-use
LNWA OZ Fund I, LLC
Sean Kelly
302-463-4630
[email protected]
Mid-Atlantic, Ohio and Georgia Multifamily Acquisitions and Development/ Workforce Housing
LGS i95 Opportunity Zone Fund
Local Grown Salads
Zale Tabakman
416.738.2090
[email protected]
Washington to Boston along the i95 Indoor Vertical Farms providing Ready-To-Eat Salads
Lightstone Qualified Opportunity Fund I LLC
Lightstone QOF GP LLC
Jose Dios
(732) 910-9033
[email protected]
N/A This first fund relates to the development of a Marriott Moxy Hotel in Williamsburg, Brooklyn.
LJJ Opportunity Zone Fund I
LJJ
Robert Silverman
516.374.6080
[email protected]
New York City Metropolitan Area Multifamily
Loyalty Opportunity Fund Inc.
David Sillaman
(833) 299-3648
National Franchise development, business development.
Maxus Opportunity Fund I, LLC
Maxus Opportunity Fund Manager, LLC
Chase Watson, SVP Maxus Opportunity Fund I
[email protected]
Regional Midwest / Southeast Multifamily
Miami Opportunity Fund
Sikari Luxe
David Sillaman
757.319.2103
[email protected]
Miami, Fla. Hospitality
Midtown Opportunity Fund II
Midtown Opportunity Fund
Rucker Culpepper
917.275.7407
[email protected]
U.S. Southeast Secondary & Tertiary Markets Senior Housing, Hospitality, Multifamily
Monarch Opportunity Fund
Monarch Private Capital
William E. Huger III
470.283.8435
[email protected]
Southeast Multi-family Development
NORF 3 Opportunity Zone Fund LLC
Ryan Hodgins
Investor Relations
504.684.4500
[email protected]
Mid-Atlantic, Southeast, and Texas Multifamily, Mixed-Use, Hospitality, and Residential with a focus on projects earning Historic Tax Credits as well.
Obsidian Opportunity Fund
Obsidian Opportunity Fund
Allen Alley
503.245.8800
[email protected]
National Solar
OCCI MicroCap LP I
Oregon Community Capital Inc
Brad Ketch
(503) 847-9163 x700
[email protected]
Oregon business start-ups
OCCI Real Estate LP I
Oregon Community Capital Inc
Brad Ketch
(503) 847-9163 x700
[email protected]
Oregon Real Estate development
ODG Fund I
Opportunity Development Group
Zev Safran, CFA
646.849.3671
[email protected]
NYC & major gateway cities Real estate development
Opportunity Assets Group, LLC
Avanath & OAG
Adam Wolf
415.426.1520
[email protected]
National Substantial Improvement Residential, Affordable Housing, Multi-Family Development
OPZ Bernstein Opportunity Zone Fund
OPZ Bernstein
Craig Bernstein
240.731.1310
[email protected]
National Commercial Real Estate
OZI Company, LLC
GLobal Investment Company
Cathy Jackson-Gent, AIFA
[email protected]
National SRI/ESG/Emerging Markets
OZ Impact Mobile Fund I, LP
OZ Impact Management, LLC
Greg Nelson
(801) 635-7665
[email protected]
National Mobile Home Communities
OZone Capital LLC
OZone Capital Group LLC
Kim McDermott
[email protected]
Midwest; Southwest Mixed Use, Hospitality, Residential, Office
Peachtree Hotel Group
Stonehill
J. Dana Tsakanikas
404.497.4118
[email protected]
National Hospitality
The Pearl Fund 1
Brian P. Phillips
347.559.0430
[email protected]
Northeast PA, Northern NJ & NYC areas Venture Capital into high-potential Opportunity Zone businesses
PEEK Opportunity Fund I
PEEK Development
Phillip Evanski
Emanuel Klein
646.455.1021
[email protected]
North New Jersey 75+ Multifamily
PEG Opportunity Zone Impact Investors, LP
PEG Capital Partners
Jameson Haslam
801.655.1998
[email protected]
National focus, pre-identified assets in Mountain West region Urban Infill Redevelopment, pre-identified sites.
Pilot And Legacy Opportunity Fund, LLC
Pilot Legacy Opportunity Partners LLC
Michael Walker, CPM
(972) 239-2277 x 115
Texas Apartment development, workforce housing
Propel Opportunity Fund, Inc.
James F. Austin, III
770-500-6013
Nationwide TOD, Mix-use development, development and redevelopment, hospitality, residential, shovel ready development, hospitality and student and senior housing projects.
Prospect Opportunity Zone Fund, L.P.
Prospect Capital Management
Daniel Ackerman
646 912 6184
[email protected]
National Primarily multifamily but can invest in other major real estate asset classes such as industrial and office
PSREG Opportunity Zone Fund
Pollack Shores Real Estate Group
Jessica Ramsey
470-419-5258
[email protected]
Southeast Multifamily Development
Puerto Rico Opportunity Zone Fund, LP
Monllor Capital Partners LLC
Jose A Torres
303.263.5331
[email protected]
Puerto Rico Real Estate development and redevelopment; Renewable Energy, Infrastructure, and Operating Businesses with need for expansion capex.
Quantum Fund
James Carey
833-544-5200
[email protected]
National U.S.A
REICO
X Capital, LLC
Daniel Klein
949-439-7808
[email protected]
California, Washington, Texas, Florida $5-$50 Million development projects in the apartment, office, and senior housing verticals.
Renaissance HBCU Opportunity Fund
Renaissance Equity Partners
7600 Georgia Ave. NW Suite 404
Washington DC 20012
Attn: Bob Jenkins
[email protected]
(202)379-2865 ext. 20
Nationwide Multi-family and mixed-use projects on or near the campuses of Historically Black Colleges and Universities
RevOZ Capital
Alex Bhathal
Lisa Merage
Ryan Parkin
Tom Parnell
Alton Moore
(949) 356-0295
[email protected]
Nationwide Office, Industrial, Multifamily, Student Housing, Urban Revitalization, Retail, Hospitality, Ground Up Development, Substantial Redevelopment of Existing Real Estate
Rural COZ
Four Points Funding
Shawn Bertini
970.367.6151
[email protected]
Rural Colorado and Wyoming Mixed Use, Commercial and Residential Real Estate
Savage Grant Opportunity Fund
Savage Grant
Patrick Farrell
1.800.480.7867
[email protected]
Appalachian region Acquisitions, startups, and commercial real estate
Saxum Opportunity Zone Fund
Saxum Real Estate
Chad DeBolt – Director of Investments
[email protected]
Sean Gilbert – Director of Acquisitions
[email protected]
Northeast / Mid-Atlantic / Select Target Investment Communities Nationwide Value-add / Opportunistic
SEMINOLE OPPORTUNITY ZONE FUND I, LLC
SEMINOLE EQUITY PARTNERS II, LLC
Rod Eckhardt
(303) 406-1815
[email protected]
United States Solar and Real Estate
SFR Build-to-Rent Opportunity Zone Fund (Specific Property Fund)
Austin Good
469.231.1383
[email protected]
Denton, TX (DFW) A Specific Property Fund setup for the expansion of an existing stabilized 72 unit for rent duplex community and constructing phase 2 which consists of an additional 95 townhouses for a total of 167 units in Denton Texas.
Sikari Orlando Opportunity Fund, Inc.
David Sillaman
(833) 299-3648
[email protected]
National Multifamily, Mixed-Use and Commercial
Sikari St. Augustine Opportunity Fund, Inc.
David Sillaman
(833) 299-3648
[email protected]
National Multifamily, Mixed-Use and Commercial acquisitions
Sixty West Access Opportunity Fund
Sixty West Access Fund Manager LLC
Jason Cordon
404.304.0228
[email protected]
National Multifamily, mix-use, hospitality, retail, office
Sixty West Crescent Fund
Mike Ballard
Mike Ballard
702.467.0789
[email protected]
National Multifamily, Hospitality, Mixed Use
SkyBridge Opportunity Zone REIT
SkyBridge Capital
SkyBridge IR
212.485.3100
[email protected]
National The fund will be diversified by geography, property type, and developer, focusing on both new development and redevelopment real estate projects within U.S. Treasury-certified Opportunity Zones
SMARTCAP Opportunity Zone Fund
SMARTCAP, Inc.
Joe Ollis
[email protected]
Seattle, and Puget Sound, WA Industrial Development
SoLa Impact Opportunity Zone Fund
SoLa Impact
Josh Parker
310.980.9780
[email protected]
Los Angeles, Southern California Multifamily Rehab and Development, continuing our business model that has operated for the past decade in now-designated Opportunity Zones.
Sound West OZ Fund I, LP
Sound West Realty Capital
Greg Genovese
925.351.4734
[email protected]
Greater Seattle area/Kitsap County Hospitality, multi-family, parking
South Carolina Opportunity Fund
Mark Elliott
864.301.6276
South Carolina Affordable housing, Commercial real estate, Community revitalization, Economic development, Hospitality development, Infrastructure investment, Mixed-use development, Multifamily residential, Renewable energy investment, Single family residential, Small business development, Student housing, Workforce housing
StakeHolder Opportunity Fund
BDO USA, LLP
Chris Byrnes
616.886.1691
[email protected]
USA Local economic & community development
Strategic Opportunity Zone Fund
Strategic Investment Management
Mike Fields, COO
404.963.6657
[email protected]
National Multifamily, Hospitality, Retail, Office, Solar
Strategic Rivermont OZ Fund, LLC
The Strategic Group
Mike Fields
404-963-6657
[email protected]
East coast, Southeast, and Southern states The Fund will be diversified across small and medium sized downtown districts that are under-performing their market potential, and show room for significant growth potential.
Sustainable Agriculture Opportunity Zone
Harvest Returns, Inc.
Chris Rawley
844-673-8876
[email protected]
Nationwide Sustainble farming projects
Tampa Qualified Opportunity Zone Fund
Sikari Luxe
David Sillaman
757.319.2103
[email protected]
Tampa, Fla. Hospitality
Tech Transfer Fund I, Inc.
Grey Holdings Group, Inc.
Brian Gamble, Director of Finance
410.627.9298
[email protected]
Mid-Atlantic QOZ Business. Defense technology start-ups.
Treetop Opportunity Zone Funds I, II, & III
Treetop Development
Eric Distenfeld
973.622.0073 x1011
[email protected]
Tri-state NYC Area Previously identified multifamily development
Urban Catalyst Fund I LLC
Erik Hayden
Morgan Mackles | SVP Investor Relations
(415) 609.5210
[email protected]
Bay Area with a focus on downtown San Jose and Oakland Commercial real estate, community revitalization, economic development, hospitality/development, mixed-use development, multifamily residential, student housing, workforce housing
Usonian Housing Fund
Usonian Realty
Ben Cullop
804.337.7099
[email protected]
South, Mid Atlantic, Midwest Housing, specifically mobile home parks
Veterans Investing
Eazy Do It
David Sillaman
757.319.2103
[email protected]
National Residential
Virtua Opportunity Fund
Virtua Partners
Zachary Chavez
480.757.6503
[email protected]
National Single-family and multifamily housing, limited service hospitality
Zone Opportunity Fund, Inc.
Mark Heckele
(520) 465-3530
[email protected]
Nationwide