Opportunity Zones

 
Benjamin J. Armour Partner (617) 338-2423 vCard
John G. Balboni Partner (617) 338-2438 vCard
Joseph B. Darby III Partner (617) 338-2985 vCard
Michael W. Fenn Counsel (617) 338-2494 vCard
Joseph Philip Forte Partner (212) 660-3077 vCard
John W. Gahan III Partner (617) 338-2472 vCard
Marissa L. Henry Associate (617) 338-2862 vCard
Michelle S. Janer Associate (617) 338-2966 vCard
Karen J. Kepler Partner (617) 338-2813 vCard
Arinze Onugha Associate (212) 660-3091 vCard
Deirdre M. Robinson Partner (617) 338-2487 vCard
Daniel P. Ryan Partner (617) 338-2457 vCard

Opportunity Zones

View our Opportunity Zones Update PageRecent federal tax legislation introduced "Opportunity Zones," a new community reinvestment tool designed to use tax incentives to drive long-term investment to rural and low-income urban communities throughout the nation. The Opportunity Zone program is the first new national community investment program in over 15 years and has the potential to be the largest economic development program in the U.S. This broad legislation will benefit many stakeholders from individual taxpayers to developers and fund sponsors.

Sullivan & Worcester has created a multi-disciplinary team consisting of lawyers from our Tax, Real Estate, Affordable Housing and Corporate practice groups. We work closely with clients across the country to analyze how they might implement this new legislation into their business strategy.

Our firm has been conducting a series of seminars on the Opportunity Zone legislation and has prepared some resource material outlining the program's parameters. Please click below to download one or both of these documents.

Opportunity Zones Proposed Regulations Overview (PDF)


More specifically, we advise clients on the following:

  • Fund Formation and Structuring
  • Tax Compliance and Related Tax Matters
  • Real Estate Acquisitions
  • Asset, Property Management and Operational Issues
  • Financing Components (Senior, Mezzanine and Preferred Equity)
  • Affordable Housing and Tax Credit Matters
  • Business Start-Ups

Spotlight

Our seminars on this program have been well-received in the marketplace and we hope to continue offering them in the future. In the event you have not been able to attend, video from the first seminar can be viewed here.

InfO-Zone Blog

Visit our InfO-Zone blog for insight and analysis about Opportunity Zones, written by our multi-disciplinary team of lawyers from our Tax, Real Estate, Affordable Housing and Corporate practice groups.