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. The new Opportunity Zones Toolkit includes:
- Timeline for Investors
- Background and Foundational Support
- Overview of the Program
- Frequently Asked Questions and Much More
Watch for more information on this or refer to the CARW resources page for more information HERE.