Opportunity Zones are low-income census tracts certified by the U.S. Department of the Treasury. There are 288 designated Opportunity Zones with in Michigan, including in the cities of Detroit, Flint, andMonroe.
Learn more about financing your Opportunity Zone project in Michigan with Qualified Opportunity Fund equity investments.
Why develop your project in an Opportunity Zone in Michigan with OZone Financing Solutions?
OZone Financing Solutions can help you source investment capital to develop your project in Michigan.Opportunity Zones connect private-sector investment to low-income communities, which means you can finance your project in Michigan and stimulate the local economy. An Opportunity Zone investment is a great way to benefit both investors and communities in Michigan such as Monroe Metropolitan Statistical Area and Detroit-Warren-Dearborn 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 Michigan.
We will work with you to simplify the Opportunity Zone process in Michigan.
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 Michigan qualify as an Opportunity Zone?
Our free Opportunity Zone Map will show where designated Opportunity Zones are located within Michigan.
Ozone Financing’s Opportunity Zone map
If your project is located within a designated Opportunity Zone in Michigan you should familiarize yourself with the requirements for becoming a Qualified Opportunity Zone property.
Michigan and its economic climate are vibrant.
Michigan is an attractive destination for visitors, university students, and investors. Well-known landmarks and cities, such as Mackinac Island and Lansing, attract tourists to the area, and Michigan State University and University of Michigan draw students from across the United States and around the world. Additionally, Michigan 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. Michigan has a GDP of $504.97 billion, which ranks 14th in the United States.
The State of Michigan covers an area of 96,716 square miles, including 10 major cities,with a total population of 9,995,915 and 288 Opportunity Zones. It is the 17th-most densely populated state in the United States.
According to the 2010 U.S. Census, the State of Michigan had a population of approximately 7,780,000 over the age of 16. Of this, approximately 4,790,000 people are in the labor force of Michigan, with 4,193,000 who are employed and 597,000 unemployed. Unemployment statistics for the State of Michigan in 2015 show average unemployment at 5.4%. Monthly unemployment rates in Minnesota were 5.0% in October 2015, 4.9% in November 2015, and 4.9% in December 2015.
Our EB5AN State of Michigan regional center offers a unique alternative source of capital.
Our EB5AN State of Michigan EB-5 regional center covers Opportunity Zones in Genesee and Macomb 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 Michigan regional center offers geographic coverage of Detroit, Flint, and Monroe, including the areas of Poletown East, Carriage Town and Raisinville Township. The Monroe metropolitan statistical area can be found in Monroe County, Michigan.
Discover the benefits of developing your project in a Qualified Opportunity Zone.
Given Michigan’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 Michigan.
Contact OZone Financing Solutions today to learn more about developing an Opportunity Zone project in Michigan.
Call 1-833-886-9663 or e-mail at info@OzoneFinancing.com.