The Challenge: Working Family Rental Accomodations in America

• The challenge is real: Across the U.S., there needs to be more rental housing.

• Case in point: More than 40% of renters reported spending more than 30% of their income on rent between 2017 and 2021.

• The Department of Housing and Urban Development describes affordable housing as spending “no more than 30% of gross income for housing costs, including utilities.

• Since 1960, a concerning trend: Rents have surged by 61%, while renters' incomes have marginally grown by 5%.

• The economic strain: Renters spend over 30% of their earnings on housing. Add transportation, and the burden rises to a staggering 72%.

• Without intervention, the housing crisis will escalate.

Our Solution:
OZFund’s Community Opportunity Zone Revitalization Initiative

• OZFund is not just a fund; it's a mission-driven federal 'Qualified Opportunity Fund' targeting property acquisition for redevelopment in distressed or underserved areas, addressing the housing challenge head-on.

• Our inaugural project: A working family rental development property on South Queen Street, Lancaster, Pennsylvania. The transformation will result in 52 affordable apartments for working families and a vibrant 6,700 sq. ft Grocery/Convenience Store.

• Strategic advantage: Our properties sit in an Opportunity Zone, as defined by the Tax Cuts and Jobs Act (2017). These zones aim to boost economic upliftment in distressed areas, giving investors unique tax benefits.

• Be a change-maker: We welcome both capital gain investors and general investors. The opportunity to make a difference is open to all.

Our Focus and Objective

• OZFund is laser-focused on leveraging the Qualified Opportunity Fund (QOF) program, possibly the most game-changing federal incentive for equity investments in challenged communities.

• Our primary region is Central Pennsylvania and the broader Mid-Atlantic area.

• Our strategy: Acquire undervalued real estate in Opportunity Zones, transforming them into thriving residential and commercial hubs. Additionally, we support businesses that generate jobs and lease our spaces.

• Tax benefits: Investors diverting their capital gains to OZFund enjoy substantial tax reliefs and appreciation. Stay invested for ten years, and your profits remain untaxed. No capital gains to invest? Not to worry. Invest in our Fund and enjoy a projected 25-30% IRR and the satisfaction of knowing your Fund managers are experienced business people and property development professionals with verifiable track records.

Critical Insights: The Tax Cuts and Jobs Act 2017

This program taps into vast untapped capital gains, directing investments into Qualified Opportunity Funds (QOZ). The goal? Fuel business growth in economically challenged regions across the U.S. and its Territories. A QOZ is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment. Localities qualify as QOZs if they were nominated for that designation by a state, the District of Columbia, or a U.S. territory and that nomination was certified by the Secretary of the U.S. Treasury via his delegation of authority to the Internal Revenue Service (IRS). For further information, check out the IRS – FAQs.