Opportunity Zones are low-income census tracts certified by the U.S. Department of the Treasury. There are 300 designated Opportunity Zones with in Pennsylvania, including in the cities of Philadelphia, Pittsburgh City, and Harrisburg.
Learn more about financing your Opportunity Zone project in Pennsylvania, with Qualified Opportunity Fund equity investments.
Why develop your project in an Opportunity Zone in Pennsylvania with OZone Financing Solutions?
OZone Financing Solutions can help you source investment capital to develop your project in Pennsylvania. Opportunity Zones connect private-sector investment to low-income communities, which means you can finance your project in Pennsylvania and stimulate the local economy. An Opportunity Zone investment is a great way to benefit both investors and communities in Pennsylvania, such as Harrisburg-Carlisle Metropolitan Statistical Area and Pittsburgh 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 Pennsylvania.
We will work with you to simplify the Opportunity Zone process in Pennsylvania.
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 Pennsylvania qualify as an Opportunity Zone?
Our free Opportunity Zone Map will showwheredesignated Opportunity Zones are located within Pennsylvania.
Ozone Financing’s Opportunity Zone map
If your project is located within a designated Opportunity Zone in Pennsylvania, you should familiarize yourself with the requirements for becoming a Qualified Opportunity Zone property.
Pennsylvania and its economic climate are vibrant.
Pennsylvania is an attractive destination for visitors, university students, and investors. Well-known landmarks and cities, such as Liberty Bell and Philadelphia, attract tourists to the area, and Penn State University and University of Pennsylvania draw students from across the United States and around the world. Additionally, Pennsylvania 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. Pennsylvania has a GDP of $752.07 billion, which ranks 7th in the United States.
The State of Pennsylvania covers an area of 46,055 square miles, including 8 major cities, with a total population of 12,807,060 and 300 Opportunity Zones. It is the 9th-most densely populated state in the United States.
According to the 2010 U.S. Census, the State of Pennsylvania had a population of approximately 9,987,000 over the age of 16. Of this, approximately 6,340,000 people are in the labor force of Pennsylvania, with 5,791,000 who are employed and 549,000 unemployed. Unemployment statistics for the State of Pennsylvania in 2015 show average unemployment at 5.3%. Monthly unemployment rates in Pennsylvania were 5.1% in October 2015, 5.1% in November 2015, and 5.2% in December 2015.
Our EB5AN State of Pennsylvania regional center offers a unique alternative source of capital.
Our EB5AN State of Pennsylvania EB-5 regional center covers Opportunity Zones in Allegheny and Dauphin 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 Pennsylvania regional center offers geographic coverage of Philadelphia, Pittsburgh City, and Harrisburg, including the areas of Kensington, Oakland, and Capitol District. The Harrisburg-Carlisle metropolitan statistical area can be found in Dauphin County, Pennsylvania.
Discover the benefits of developing your project in a Qualified Opportunity Zone.
Given Pennsylvania’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 Pennsylvania.
Contact OZone Financing Solutions today to learn more about developing an Opportunity Zone project in Pennsylvania.
Call 1-833-886-9663 or e-mail at info@OzoneFinancing.com .