Opportunity Zones are low-income census tracts certified by the U.S. Department of the Treasury. There are 158 designated Opportunity Zones within Alabama, including in the cities of Birmingham, Mobile, and Montgomery.
Learn more about financing your Opportunity Zone project in Alabama, with Qualified Opportunity Fund equity investments.
Why develop your project in an Opportunity Zone in Alabama with OZone Financing Solutions?
OZone Financing Solutions can help you source investment capital to develop your project in Alabama.Opportunity Zones connect private-sector investment to low-income communities, which means you can finance your project in Alabama and stimulate the local economy. An Opportunity Zone investment is a great way to benefit both investors and communities in Alabama, such as Birmingham-Hoover Metropolitan Area and Huntsville Metropolitan Area.
Visit our Opportunity Zone development guide to learn about developing Qualified Opportunity Zone property and to discover how OZone Financing Solutions can benefit your project in Alabama.
We will work with you to simplify the Opportunity Zone process in Alabama.
To successfully secure Opportunity Zone equity investment, you may need to use multiple types of capital in the final capital stack for your project. You’ll also need to establish a Qualified Opportunity Fund and market your Opportunity Zone project. OZone Financing Solutions can provide you with a turnkey, one-stop-shop solution to simplify the process.OZone Financing provides best-in-class quality, speed, and coordination for project structuring and legal documentation as well as a full marketing and fundraising package.
What areas in Alabama qualify as an Opportunity Zone?
Our free Opportunity Zone Map will show where designated Opportunity Zones are located within Alabama.
Ozone Financing’s Opportunity Zone map
If your project is located within a designated Opportunity Zone in Alabama, you should familiarize yourself with the requirements for becoming a Qualified Opportunity Zone property.
Alabama and its economic climate are vibrant.
Alabama is an attractive destination for visitors, university students, and investors. Well-known landmarks and cities, such as USS Alabama and Montgomery, attract tourists to the area, and Troy University and The University of Alabama draw students from across the United States and around the world. Additionally, Alabama has embraced Opportunity Zones as a great source of potential growth for the U.S. economy and for low-income communities. Opportunity Zones provide strong returns for investors while providing communities with much-needed development capital and jobs. Alabama has a GDP of $210.95 billion, which ranks 27th in the United States.
The State of Alabama covers an area of 52,419 square miles, including 9 major cities, with a total population of 4,887,871 and 158 Opportunity Zones. It is the 27th-most densely populated state in the United States.
According to the 2010 U.S. Census, the State of Alabama had a population of approximately 3,464,000 over the age of 16. Of this, approximately 2,127,000 people are in the labor force of Alabama, with 1,925,000 who are employed and 202,000 unemployed. Unemployment statistics for the State of Alabama in 2015 show average unemployment at 6.08%. Monthly unemployment rates in Alabama were 6.0% in October 2015, 6.0% in November 2015, and 6.0% in December 2015.
Our EB5AN State of Alabama regional center offers a unique alternative source of capital.
Our EB5AN State of Alabama EB-5 regional center covers Opportunity Zones in Jefferson and Mobile counties, which creates a unique opportunity to further incentivize investors and diversify your project’s sources of capital. Through the EB-5 Program, qualified foreign investors can invest in a USCIS-approved EB-5 regional center projects to gain permanent resident status in the United States. Our EB5AN State of Alabama regional center offers geographic coverage of Birmingham, Mobile, and Montgomery, including the areas of Parker Heights, Blakeley Island, and Capitol Heights. The Birmingham-Hoover metropolitan area encompasses Bibb, Blount, Chilton, Jefferson, St. Clair, Shelby, and Walker counties in Alabama.
Discover the benefits of developing your project in a Qualified Opportunity Zone.
Given Alabama’s large population, becoming a Qualified Opportunity Zone business would create measurable benefits in your community. You would stimulate the local economy, thereby reducing the number of unemployed people in Alabama.
Contact OZone Financing Solutions today to learn more about developing an Opportunity Zone project in Alabama.
Call 1-833-886-9663 or e-mail at info@OzoneFinancing.com.