Opportunity Zones are low-income census tracts certified by the U.S. Department of the Treasury. There are 139 designated Opportunity Zones with in Washington, including in the cities of Vancouver, Spokane, and Kennewick.
Learn more about financing your Opportunity Zone project in Washington, with Qualified Opportunity Fund equity investments.
Why develop your project in an Opportunity Zone in Washington with OZone Financing Solutions?
OZone Financing Solutions can help you source investment capital to develop your project in Washington.Opportunity Zones connect private-sector investment to low-income communities, which means you can finance your project in Washington and stimulate the local economy. An Opportunity Zone investment is a great way to benefit both investors and communities in Washington, such as Kennewick-Pasco-Richland, WA Metropolitan Statistical Area and Spokane-Spokane Valley, WA 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 Washington.
We will work with you to simplify the Opportunity Zone process in Washington.
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 Washington qualify as an Opportunity Zone?
Our free Opportunity Zone Map will show where designated Opportunity Zones are located within Washington.
Ozone Financing’s Opportunity Zone map
If your project is located within a designated Opportunity Zone in Washingtonyou should familiarize yourself with the requirements for becoming a Qualified Opportunity Zone property.
Washington and its economic climate are vibrant.
Washington is an attractive destination for visitors, university students, and investors. Well-known landmarks and cities, such as Washington State Capitol and Olympia, attract tourists to the area, and University of Washington and Washington State University draw students from across the United States and around the world. Additionally, Washington 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. Washington has a GDP of $506.35 billion, which ranks 13th in the United States.
The State of Washington covers an area of 71,362 square miles, including 10 major cities,with a total population of 7,535,591 and 25 Opportunity Zones. It is the 25th-most densely populated state in the United States.
According to the 2010 U.S. Census, the State of Washington had a population of approximately 5,247,000 over the age of 16. Of this, approximately 3,532,000 people are in the labor force of Washington, with 3,192,000 who are employed and 340,000 unemployed. Unemployment statistics for the State of Washington in 2015 show average unemployment at 5.6%. Monthly unemployment rates in Washington were 5.6% in October 2015, 5.6% in November 2015, and 5.6% in December 2015.
Our EB5AN State of Washington regional center offers a unique alternative source of capital.
Our EB5AN State of Washington EB-5 regional center covers Opportunity Zones in King and Snohomish 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 Washington regional center offers geographic coverage of Vancouver, Spokane, and Kennewick, including the areas of Vancouver Heights, Bemiss, and Bridge to Bridge. The Spokane-Spokane Valley, WA metropolitan area can be found in Spokane County, Steven County, and Pend Oreille County, Washington.
Discover the benefits of developing your project in a Qualified Opportunity Zone.
Given Washington’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 Washington.
Contact OZone Financing Solutions today to learn more about developing an Opportunity Zone project in Washington.
Call 1-833-886-9663 or e-mail at info@OzoneFinancing.com .