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September 3, 2020

The Neighborhoods That Are The Best Candidates For OZ Investments

 

GlobeSt.com
By Les Shaver

While many neighborhoods around the country would seem to be great candidates for Opportunity Zone investments, some stand out as better contenders than others.

New data from ATTOM Data Solutions, a curator of a property database and a property data provider of Data-as-a-Service (DaaS), and CityBldr, a Seattle-based proptech company, highlighted 11 neighborhoods that offer attractive opportunities for housing developers to take advantage of federal reinvestment tax benefits.

CityBldr identified Anacostia in Washington, DC, the South Shore area of Chicago, City Heights in San Diego, Mid-City in Los Angeles, Parramore in Orlando, the Central District in Seattle, West Colfax in Denver, Spartan Keyes in San Jose, Calif., North End/New Center in Detroit, Buckman/Kerns in Portland, Ore. and Hilltop in Tacoma, Wash. Read more.

 
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