Opportunity Zones are low-income census tracts certified by the U.S. Department of the Treasury. There are 320 designated Opportunity Zones with in Ohio, including in the cities of Columbus, Cleveland, and Cincinnati.
Learn more about financing your Opportunity Zone project in Ohio, with Qualified Opportunity Fund equity investments.
Why develop your project in an Opportunity Zone in Ohio with OZone Financing Solutions?
OZone Financing Solutions can help you source investment capital to develop your project in Ohio. Opportunity Zones connect private-sector investment to low-income communities, which means you can finance your project in Ohio and stimulate the local economy. An Opportunity Zone investment is a great way to benefit both investors and communities in Ohio, such as Columbus Metropolitan Statistical Area and Cleveland-Elyria 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 Ohio.
We will work with you to simplify the Opportunity Zone process in Ohio.
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 Ohio qualify as an Opportunity Zone?
Ourfree Opportunity Zone Map will showwheredesignated Opportunity Zones are located within Ohio.
Ozone Financing’s Opportunity Zone map
If your project is located within a designated Opportunity Zone in Ohio, you should familiarize yourself with the requirements for becoming a Qualified Opportunity Zone property.
Ohio and its economic climate are vibrant.
Ohio is an attractive destination for visitors, university students, and investors. Well-known landmarks and cities, such as Cedar Point and Columbus, attract tourists to the area, and Ohio State University and Kent State University draw students from across the United States and around the world. Additionally, Ohio 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. Ohio has a GDP of $649.13 billion, which ranks 7th in the United States.
The State of Ohio covers an area of 44,825 square miles, including 8 major cities, with a total population of 11,689,442 and 320 Opportunity Zones. It is the 10th-most densely populated state in the United States.
According to the 2010 U.S. Census, the State of Ohio had a population of approximately 8,976,000 over the age of 16. Of this, approximately 5,898,000 people are in the labor force of Ohio, with 5,303,000 who are employed and 595,000 unemployed. Unemployment statistics for the State of Ohio in 2015 show average unemployment at 4.9%. Monthly unemployment rates in Ohio were 4.7% in October 2015, 4.8% in November 2015, and 4.9% in December 2015.
Our EB5AN State of North Dakota regional center offers a unique alternative source of capital.
Our EB5AN State of Ohio EB-5 regional center covers Opportunity Zones in Adams and Allen 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 Ohio regional center offers geographic coverage of Columbus, Cleveland, and Cincinnati, including the areas of Hamilton Township, The Flats and Camp Washington. The Cleveland-Elyria metropolitan statistical area encompasses Cuyahoga, Lorain, Lake, Medina and Geauga counties in Ohio.
Discover the benefits of developing your project in a Qualified Opportunity Zone.
Given Ohio’s large population, becoming a Qualified Opportunity Zone business would create measueable benefits in your community. You would stimulate the local economy, there by reducing the number of unemployed people in Ohio.
Contact OZone Financing Solutions today to learn more about developing an Opportunity Zone project in Ohio.
Call 1-833-886-9663 or e-mail at info@OzoneFinancing.com .