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Opportunity Zone Funds Reach $15 Billion in Equity, Report Says

Investors Raised $6.7 Billion Last Year With Focus on Multifamily, According to Novogradac

The bulk of "opportunity zone" capital raised is targeting investment in apartment and residential development. (Getty Images)
The bulk of "opportunity zone" capital raised is targeting investment in apartment and residential development. (Getty Images)

Money rolled into the federal program that set up opportunity zones to lure investment in return for tax breaks as the pandemic reached new levels of severity in the fall and winter, according to a new report.

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