Qualified Opportunity Funds (QOFs) have attracted significant attention as a potential major source of untapped capital to revitalize under-served communities and as an outlet for investors to preserve capital gains by unlocking substantial tax incentives, while potentially generating additional investment yields. Enacted as part of the 2017 Tax Cuts and Jobs Act, the Opportunity Zones program was established to encourage social advancement and private investment in low-income communities to aid job creation and new business formation.
The program incentivizes investment by allowing for a deferral of capital gains, reducing tax obligation on a portion of those gains and, most notably, allowing QOZ investments to grow tax-free. Revive Qualified Opportunity Zone Fund is a new and radical investment opportunity with a nationwide focus.
The Revive Qualified Opportunity Zone Fund seeks to acquire and develop a diversified portfolio of impactful and game-changing projects focusing on real estate, agriculture, technology, energy and beyond.