Opportunity Zones – Black Enterprise

SoLa Impact’s Black Impact Fund Receives $25 Million Investment from PayPal to Address Racial Equity Through Affordable Housing

BLACK ENTERPRISE EditorsJanuary 20, 2022January 20, 2022

by BLACK ENTERPRISE EditorsJanuary 20, 2022January 20, 2022864

Commitment to minority-led real estate fund addressing affordable housing demonstrates major investors are prioritizing ESG and Diversity, Equity, and Inclusion (DEI)...

Money

Opportunity Zone Funds: The Opportunity for Generational Impact

Brown Hatchett & Williams LLPOctober 15, 2020October 14, 2020

by Brown Hatchett & Williams LLPOctober 15, 2020October 14, 20203155

The Opportunity Zone Fund legislation presents a generational opportunity for real estate developers, business owners, and investors....

COVID-19 Entrepreneurship

Finding Opportunity in Crisis: Renewal and Reformation in the Era of COVID-19

Brown Hatchett & Williams LLPAugust 20, 2020August 19, 2020

by Brown Hatchett & Williams LLPAugust 20, 2020August 19, 20201767

Certain legal strategies can be undertaken to allow Black businesses to execute renewed and restructured business strategies to be well-positioned to benefit from opportunities arising...

Business News Politics

Potential Misuse of Opportunity Zones in Major Cities Being Investigated

Jeffrey McKinneyJuly 8, 2020July 8, 2020

by Jeffrey McKinneyJuly 8, 2020July 8, 202010218

Democrats say Opportunity Zones are being misused to help the wealthy to get richer rather than benefiting residents who live in low-income areas...

Entrepreneurship

This Investor Has Raised $165 Million to House Black and Hispanics In Opportunity Zones

Jeffrey McKinneyDecember 3, 2019December 3, 2019

by Jeffrey McKinneyDecember 3, 2019December 3, 201911198

The founder and managing partner of SoLa Impact, Martin Muoto, and his Los Angeles-based social impact fund has raised over $165 million to provide mainly...

Money

Making Opportunity Zones Work for Black Communities

Venroy JulyJune 12, 2019July 17, 2019

by Venroy JulyJune 12, 2019July 17, 201912002

Through creativity and collective action, black investors and social entrepreneurs can make use of the most favorable aspects of Opportunity Zones....

Money

What Black Investors Need to Know about Opportunity Zones

Jeffrey McKinneyMarch 21, 2019March 21, 2019

by Jeffrey McKinneyMarch 21, 2019March 21, 20195837

Black investors have historically invested in land to build wealth. Now, there is a new option for blacks to become investors and receive tax breaks...