Opportunity Zones are low-income census tracts certified by the U.S. Department of the Treasury. There are 138 designated Opportunity Zones within Massachusetts, including in the cities of Springfield, Boston, and Marlborough.
Learn more about financing your Opportunity Zone project in Massachusetts with Qualified Opportunity Fund equity investments.
Why develop your project in an Opportunity Zone in Massachusetts with OZone Financing Solutions?
OZone Financing Solutions can help you source investment capital to develop your project in Massachusetts.Opportunity Zones connect private-sector investment to low-income communities, which means you can finance your project in Massachusetts and stimulate the local economy. An Opportunity Zone investment is a great way to benefit both investors and communities in Massachusetts such as Springfield Metropolitan Statistical Area and Boston-Cambridge-Newton MA-NH 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 Massachusetts.
We will work with you to simplify the Opportunity Zone process in Massachusetts.
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 Massachusetts qualify as an Opportunity Zone?
Our free Opportunity Zone Map will show where designated Opportunity Zones are located within Massachusetts.
Ozone Financing’s Opportunity Zone map
If your project is located within a designated Opportunity Zone in Massachusetts you should familiarize yourself with the requirements for becoming a Qualified Opportunity Zone property.
Massachusetts and its economic climate are vibrant.
Massachusetts is an attractive destination for visitors, university students, and investors. Well-known landmarks and cities, such as Freedom Trail and Boston, attract tourists to the area, and Boston University and Tufts University draw students from across the United States and around the world. Additionally, Massachusetts 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. Massachusetts has a GDP of $527.46 billion, which ranks 11th in the United States.
The State of Massachusetts covers an area of 10,565 square miles, including 9 major cities,with a total population of 6,902,149 and 138 Opportunity Zones. It is the 3rd-most densely populated state in the United States.
According to the 2010 U.S. Census, the State of Massachusetts had a population of approximately 5,282,000 over the age of 16. Of this, approximately 3,494,000 people are in the labor force of Massachusetts, with 3,197,000 who are employed and 297,000 unemployed. Unemployment statistics for the State of Massachusetts in 2015 show average unemployment at 5.2%. Monthly unemployment rates in Massachusetts were 4.6% in October 2015, 4.5% in November 2015, and 4.4% in December 2015.
Our EB5AN State of Massachusetts regional center offers a unique alternative source of capital.
Our EB5AN State of Massachusetts EB-5 regional center covers Opportunity Zones in Bristol and Essex counties, which create 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 Massachusetts regional center offers geographic coverage of Springfield, Boston, and Marlborough, including the areas of Old Hill, Roxbury, and Marlborough Junction. The Springfield metropolitan statistical area encompasses Menard and Sangamon counties in Massachusetts.
Discover the benefits of developing your project in a Qualified Opportunity Zone.
Given Massachusetts’s large population, becoming a Qualified Opportunity Zone business would create measurable benefits in your community. You would stimulate the local economy, there by reducing the number of unemployed people in Massachusetts.
Contact OZone Financing Solutions today to learn more about developing an Opportunity Zone project in Massachusetts.
Call 1-833-886-9663 or e-mail at info@OzoneFinancing.com.