Ask A Question

What are the steps to create my own Qualified Opportunity Fund to help raise funds for my development in an OZ?


Answers
  • David LeGrand
    July 13, 2021

    As a general guide, raising money is governed by federal and state securities laws. Once you have the land under option, you should organize a Fund LP and Qualified Zone subsidiary LLC to develop the project. The LP raises the money, typically using a private placement under regulation D.

  • DISCLAIMER: 

    the information found on this website is intended to be general information; it is not legal or financial advice. Specific legal or financial advice can only be given by a licensed professional with full knowledge of all the facts and circumstances of your particular situation. You should seek consultation with legal and financial experts prior to participating in any aspect relating to Opportunity Zones. Posting a question on this website does not create an attorney-client relationship. All questions you post will be available to the public; do not include confidential information in your question.