Opportunity Zones are low-income census tracts certified by the U.S. Department of the Treasury. There are 212 designated Opportunity Zones with in Virginia, including in the cities of Fredericksburg, Harrisonburg, and Virginia Beach.
Learn more about financing your Opportunity Zone project in Virginia, with Qualified Opportunity Fund equity investments.
Why develop your project in an Opportunity Zone in Virginia with OZone Financing Solutions?
OZone Financing Solutions can help you source investment capital to develop your project in Virginia.Opportunity Zones connect private-sector investment to low-income communities, which means you can finance your project in Virginia and stimulate the local economy. An Opportunity Zone investment is a great way to benefit both investors and communities in Virginia, such as Virginia Beach-Norfolk-Newport News Metropolitan Area and Washington-Arlington-Alexandria Metropolitan 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 Virginia.
We will work with you to simplify the Opportunity Zone process in Virginia.
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 Virginia qualify as an Opportunity Zone?
Our free Opportunity Zone Map will showwheredesignated Opportunity Zones are located within Virginia.
Ozone Financing’s Opportunity Zone map
If your project is located within a designated Opportunity Zone in Virginiayou should familiarize yourself with the requirements for becoming a Qualified Opportunity Zone property.
Virginia and its economic climate are vibrant.
Virginia is an attractive destination for visitors, university students, and investors. Well-known landmarks and cities, such as Maymont and Richmond, attract tourists to the area, and Washington and Lee University and University of Richmond draw students from across the United States and around the world. Additionally, Virginia 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. Virginia has a GDP of $508.66 billion, which ranks 12th in the United States.
The State of Virginia covers an area of 42,774.2 square miles, including 8 major cities,with a total population of 8,517,685 and 212 Opportunity Zones. It is the 30th-most densely populated state in the United States.
According to the 2010 U.S. Census, the State of Virginia had a population of approximately 6,077,000 over the age of 16. Of this, approximately 4,185,000 people are in the labor force of Virginia, with 3,896,000 who are employed and 289,000 unemployed. Unemployment statistics for the State of Virginia in 2015 show average unemployment at 4.5%. Monthly unemployment rates in Virginia were 4.1% in October 2015, 4.1% in November 2015, and 4.1% in December 2015.
Our EB5AN State of Virginia regional center offers a unique alternative source of capital.
Our EB5AN State of Virginia EB-5 regional center covers Opportunity Zones in Alexandria and Lynchburg 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 Virginia regional center offers geographic coverage of Fredericksburg, Harrisonburg, and Virginia Beach, including the areas of Eagle Village, Windy Heights Ln (Harrisonburg), and Princess Anne. The Virginia Beach-Norfolk-Newport News metropolitan area encompasses 3 cities and 7 counties including Gloucester County in Virginia.
Discover the benefits of developing your project in a Qualified Opportunity Zone.
Given Virginia’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 Virginia.
Contact OZone Financing Solutions today to learn more about developing an Opportunity Zone project in Virginia.
Call 1-833-886-9663 or e-mail at info@OzoneFinancing.com .