Opportunity Zones are low-income census tracts certified by the U.S. Department of the Treasury. There are 25 designated Opportunity Zones within North Dakota, including in the cities of Fargo, Jamestown, and Bismarck.
Learn more about financing your Opportunity Zone project in North Dakota, with Qualified Opportunity Fund equity investments.
Why develop your project in an Opportunity Zone in North Dakota with OZone Financing Solutions?
OZone Financing Solutions can help you source investment capital to develop your project in North Dakota. Opportunity Zones connect private-sector investment to low-income communities, which means you can finance your project in North Dakota and stimulate the local economy. An Opportunity Zone investment is a great way to benefit both investors and communities in North Dakota, such as Bismarck Metropolitan Statistical Area and Minot 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 North Dakota.
We will work with you to simplify the Opportunity Zone process in North Dakota.
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 North Dakota qualify as an Opportunity Zone?
Ourfree Opportunity Zone Map will showwheredesignated Opportunity Zones are located within North Dakota.
Ozone Financing’s Opportunity Zone map
If your project is located within a designated Opportunity Zone in North Dakota, you should familiarize yourself with the requirements for becoming a Qualified Opportunity Zone property.
North Dakota and its economic climate are vibrant.
North Dakota is an attractive destination for visitors, university students, and investors. Well-known landmarks and cities, such as The Menoken Indian Village Site and Bismarck, attract tourists to the area, and University of Jamestown and Valley State University draw students from across the United States and around the world. Additionally, North Dakota 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. North Dakota has a GDP of $55.49 billion, which ranks 47th in the United States.
The State of North Dakota covers an area of 70,762 square miles, including 14 major cities, with a total population of 760,077 and 25 Opportunity Zones. It is the 47th-most densely populated state in the United States.
According to the 2010 U.S. Census, the State of North Dakota had a population of approximately 510,000 over the age of 16. Of this, approximately 370,000 people are in the labor force of North Dakota, with 356,000 who are employed and 15,000 unemployed. Unemployment statistics for the State of North Dakota in 2015 show average unemployment at 2.6%. Monthly unemployment rates in North Dakota were 2.9% in October 2015, 2.9% in November 2015, and 3.0% in December 2015.
Our EB5AN State of North Dakota regional center offers a unique alternative source of capital.
Our EB5AN State of North Dakota EB-5 regional center covers Opportunity Zones in Barnes and Benson 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 North Dakota regional center offers geographic coverage of Fargo, Jamestown, and Bismarck, including the areas of Dazey, Frontier Village, Tatley Park. The Bismarck metropolitan statistical area encompasses Burleigh, Morton, Oliver and Sioux counties in North Dakota.
Discover the benefits of developing your project in a Qualified Opportunity Zone.
Given North Dakota’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 North Dakota.
Contact OZone Financing Solutions today to learn more about developing an Opportunity Zone project in North Dakota.
Call 1-833-886-9663 or e-mail at info@OzoneFinancing.com .