Opportunity Zones are low-income census tracts certified by the U.S. Department of the Treasury. There are 25 designated Opportunity Zones within Hawaii, including in the cities of Honolulu, Pearl City, and Hilo.
Learn more about financing your Opportunity Zone project in Hawaii, with Qualified Opportunity Fund equity investments.
Why develop your project in an Opportunity Zone in Hawaii with OZone Financing Solutions?
OZone Financing Solutions can help you source investment capital to develop your project in Hawaii. Opportunity Zones connect private-sector investment to low-income communities, which means you can finance your project in Hawaii and stimulate the local economy. An Opportunity Zone investment is a great way to benefit both investors and communities in Hawaii, such as Honolulu Metropolitan Statistical 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 Hawaii.
We will work with you to simplify the Opportunity Zone process in Hawaii.
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 Hawaii qualify as an Opportunity Zone?
Our free Opportunity Zone Map will show where designated Opportunity Zones are located within Hawaii.
Ozone Financing’s Opportunity Zone map
If your project is located within a designated Opportunity Zone in Hawaii, you should familiarize yourself with the requirements for becoming a Qualified Opportunity Zone property.
Hawaii and its economic climate are vibrant.
Hawaii is an attractive destination for visitors, university students, and investors. Well-known landmarks and cities, such as Iolani Palace and Honolulu, attract tourists to the area, and University of Hawaii and Hawaii Pacific University draw students from across the United States and around the world. Additionally, Hawaii 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. Hawaii has a GDP of $88.14 billion, which ranks 40th in the United States.
The State of Hawaii covers an area of 10,931 square miles, including 1 major city, with a total population of 1,420,491 and 25 Opportunity Zones. It is the 13th-most densely populated state in the United States.
According to the 2010 U.S. Census, the State of Hawaii had a population of approximately 989,000 over the age of 16. Of this, approximately 629,000 people are in the labor force of Hawaii, with 587,000 who are employed and 42,000 unemployed. Unemployment statistics for the State of Hawaii in 2015 show average unemployment at 3.6%. Monthly unemployment rates in Hawaii were 3.2% in October 2015, 3.2% in November 2015, and 2.8% in December 2015.
Our EB5AN State of Hawaii regional center offers a unique alternative source of capital.
Our EB5AN State of Hawaii EB-5 regional center covers Opportunity Zones in Honolulu and Hawaii 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 Hawaii regional center offers geographic coverage of Honolulu, Pearl City, and Hilo, including the areas of Kalihi-Palama, Waiau, and Mokaku. The Honolulu metropolitan area can be found in Honolulu County, Hawaii.
Benefits of developing your project in a Qualified Opportunity Zone.
Given Hawaii’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 Hawaii.
Contact OZone Financing Solutions today to learn more about developing an Opportunity Zone project in Hawaii.
Call 1-833-886-9663 or e-mail at info@OzoneFinancing.com.