Recent News

Thursday, December 12, 2019

The Office of the Comptroller of the Currency (OCC) today released a notice of proposed rulemaking to reform the Community Reinvestment Act (CRA) regulations. The OCC was joined by the Federal Deposit Insurance Corporation, which is one of three federal regulators that oversee the CRA. The Federal Reserve Board of Governors did not sign on.

Tuesday, December 10, 2019

Qualified opportunity funds (QOFs) on the Novogradac Opportunity Funds Listing report having raised $4.46 billion–nearly 40 percent more than in Novogradac’s previous report in October.

Saturday, December 7, 2019

The Treasury Department submitted updated Internal Revenue Service (IRS) regulations Friday to the Office of Information and Regulatory Affairs (OIRA) for qualified opportunity funds–which invest in opportunity zones (OZs).

Friday, December 6, 2019

Sen. Tim Scott, R-S.C., and seven co-sponsors–including Senate Finance Committee Chairman Chuck Grassley, R-Iowa–today announced legislation to establish reporting requirements for the opportunity zones (OZ) incentive.

Monday, December 2, 2019

The U.S. Department of Education published a rule in the Federal Register announcing that it will prioritize funding for grant applications that support students, teachers and parents in opportunity zones (OZs). The Department of Education last year encouraged projects in nine grant competitions to support students in OZs and more than half of the 238 grants awarded went to applicants proposing to serve OZs. The new priority is effective Dec. 27.

Novogradac Opportunity Zones Mapping Tool
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Find opportunity zones by zip code, census tract, and more.
Opportunity Zones Working Group
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The Opportunity Zones Working Group suggests consensus solutions to technical Opportunity Zones incentive issues.
Opportunity Funds Listing
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A listing of funds formed to invest in opportunity zones.
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