Opportunity Zones are low-income census tracts certified by the U.S. Department of the Treasury. There are 55 designated Opportunity Zones with in West Virginia, including in the cities of Huntington, Charleston, and Martinsburg.
Learn more about financing your Opportunity Zone project in West Virginia, with Qualified Opportunity Fund equity investments.
Why develop your project in an Opportunity Zone in West Virginia with OZone Financing Solutions?
OZone Financing Solutions can help you source investment capital to develop your project in West Virginia.Opportunity Zones connect private-sector investment to low-income communities, which means you can finance your project in West Virginia and stimulate the local economy. An Opportunity Zone investment is a great way to benefit both investors and communities in West Virginia, such as Charleston, WV Metropolitan Area and Morgantown 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 West Virginia.
We will work with you to simplify the Opportunity Zone process in West 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 West Virginia qualify as an Opportunity Zone?
Our free Opportunity Zone Map will showwheredesignated Opportunity Zones are located within West Virginia.
Ozone Financing’s Opportunity Zone map
If your project is located within a designated Opportunity Zone in West Virginiayou should familiarize yourself with the requirements for becoming a Qualified Opportunity Zone property.
West Virginia and its economic climate are vibrant.
West Virginia is an attractive destination for visitors, university students, and investors. Well-known landmarks and cities, such as World’s Largest Teapot and Charleston, attract tourists to the area, and Concord University and West Virginia University draw students from across the United States and around the world. Additionally, West 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. West Virginia has a GDP of $76.79 billion, which ranks 42nd in the United States.
The State of West Virginia covers an area of 24,230 square miles, including 5 major cities,with a total population of 1,805,832 and 55 Opportunity Zones. It is the 29th-most densely populated state in the United States.
According to the 2010 U.S. Census, the State of West Virginia had a population of approximately 1,458,000 over the age of 16. Of this, approximately 782,000 people are in the labor force of West Virginia, with 711,000 who are employed and 71,000 unemployed. Unemployment statistics for the State of West Virginia in 2015 show average unemployment at 6.7%. Monthly unemployment rates in West Virginia were 6.5% in October 2015, 6.4% in November 2015, and 6.4% in December 2015.
Our EB5AN State of West Virginia regional center offers a unique alternative source of capital.
Our EB5AN State of West Virginia EB-5 regional center covers Opportunity Zones in Jefferson and Kanawha 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 West Virginia regional center offers geographic coverage of Huntington, Charleston, and Martinsburg, including the areas of Veterans Memorial Blvd (Huntington), West Side, and Berkeley Place. The Charleston metropolitan area can be found in Kanawha County, Boone County and Clay County, West Virginia.
Discover the benefits of developing your project in a Qualified Opportunity Zone.
Given West 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 West Virginia.
Contact OZone Financing Solutions today to learn more about developing an Opportunity Zone project in West Virginia.
Call 1-833-886-9663 or e-mail at info@OzoneFinancing.com .