You are currently viewing NAR Releases Qualified Opportunities Zone Toolkit

NAR Releases Qualified Opportunities Zone Toolkit

Qualified Opportunity Zones

The National Association of REALTORS® is working with federal agencies, Congress, and community development groups to ensure that the Qualified Opportunity Zone (QOZ) program brings business opportunities for REALTORS®, as well as opportunities for them to be involved in the planning of new developments and businesses within zones. For this program to be a success, new developments funded by Opportunity Funds within the zones must be chosen thoughtfully, and provide benefits not just to investors but to the community as well. REALTORS ® — who are uniquely suited to bring local expertise and insights into the real estate market as well as knowledge about what a community lacks — should play a role in any community coordination of QOZ developments.

DOWNLOAD THE QOZ TOOLKIT

QOZ Overview

Planning for Opportunity Zone Investments

This video (click below) is from the NAR Legislative Meetings in May 2019. In the video, several recommendations are offered such as understanding the gap of making a real estate deal happen, and how successful markets for Opportunity Zones will be made by norms and models put together at the local level.

RPR Resources

Realtors Property Resource® (RPR) has announced the addition of Qualified Opportunity Zones (QOZ) to its platform. This powerful data layer will allow REALTORS® to use RPR’s map interface to analyze and search for properties within the 8,700 Opportunity Zones throughout the U.S. Click the button below for more information, and watch the RPR Opportunity Zones video below for information about QOZs and how they work in RPR.

LEARN MORE

Vermont Resources

Vermont’s Agency of Commerce and Community Development is involved in the planning and development within QOZs, and works closely with community organizations and developers to ensure that the program is a success and that the developments bring greater economic prosperity to Vermont communities. The agency is an excellent resource for information about QOZs.
 
VERMONT QOZ RESOURCES

QOZ Resources & Background

Fundamentals on the QOZ program, legislation, and recently issued regulatory guidance, including the IRS and Treasury’s proposed rules for the program and the White House Opportunity Zone Task Force.

IRS Resources

NAR Action: