Opportunity Zones are low-income census tracts certified by the U.S. Department of the Treasury. There are 46 designated Opportunity Zones with in Utah, including in the cities of Salt Lake City, South Ogden, and Provo.
Learn more about financing your Opportunity Zone project in Utah, with Qualified Opportunity Fund equity investments.
Why develop your project in an Opportunity Zone in Utah with OZone Financing Solutions?
OZone Financing Solutions can help you source investment capital to develop your project in Utah.Opportunity Zones connect private-sector investment to low-income communities, which means you can finance your project in Utah and stimulate the local economy. An Opportunity Zone investment is a great way to benefit both investors and communities in Utah, such as Salt Lake City, UT Metropolitan Statistical Area and Provo-Orem 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 Utah.
We will work with you to simplify the Opportunity Zone process in Utah.
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 Utah qualify as an Opportunity Zone?
Our free Opportunity Zone Map will showwheredesignated Opportunity Zones are located within Utah.
Ozone Financing’s Opportunity Zone map
If your project is located within a designated Opportunity Zone in Utahyou should familiarize yourself with the requirements for becoming a Qualified Opportunity Zone property.
Utah and its economic climate are vibrant.
Utah is an attractive destination for visitors, university students, and investors. Well-known landmarks and cities, such as Great Salt Lake and Salt Lake City, attract tourists to the area, and Utah State University and Weber State University draw students from across the United States and around the world. Additionally, Utah 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. Utah has a GDP of $165.53 billion, which ranks 31st in the United States.
The State of Utah covers an area of 84,899 square miles, including 10 major cities,with a total population of 3,161,105 and 46 Opportunity Zones. It is the 41st-most densely populated state in the United States.
According to the 2010 U.S. Census, the State of Utah had a population of approximately 2,007,000 over the age of 16. Of this, approximately 1,368,000 people are in the labor force of Utah, with 1,262,000 who are employed and 106,000 unemployed. Unemployment statistics for the State of Utah in 2015 show average unemployment at 3.6%. Monthly unemployment rates in Utah were 3.6% in October 2015, 3.6% in November 2015, and 3.6% in December 2015.
Our EB5AN State of Utah regional center offers a unique alternative source of capital.
Our EB5AN State of Utah EB-5 regional center covers Opportunity Zones in Davis and Salt Lake 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 Utah regional center offers geographic coverage of Salt Lake City, South Ogden, and Provo, including the areas of Central City, South Ogden, and Franklin South. The Provo-Orem metropolitan area can be found in Juab County and Utah County, Utah.
Discover the benefits of developing your project in a Qualified Opportunity Zone.
Given Utah’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 Utah.
Contact OZone Financing Solutions today to learn more about developing an Opportunity Zone project in Utah.
Call 1-833-886-9663 or e-mail at info@OzoneFinancing.com .