Opportunity Zones Cincinnati - Hamilton County Economic Development Office

Alloy is dedicated to connecting investors and Opportunity Funds to projects and investment opportunities in Hamilton County’s 30 designated Opportunity Zones.

Whether you are looking to:

Start or invest in a fund
Find a real estate or business investment opportunity
Learn more about Hamilton County and the Greater Cincinnati region

The Benefits

Temporary Deferral

If the capital gains are placed into a qualified Opportunity Fund within 180 days, those gains are eligible for tax deferral until the sooner of the sale of the investment asset or December 31, 2026.

Tax Reduction

If the capital gains are held in the Opportunity Fund for 5 years, the basis of the gain is increased 10% at the time of tax payment. If the capital gains are held in the Fund for 7 years, the basis of the gain is increased 15% at the time of the tax payment.

Permanent Exclusion

There will be no applicable tax on the appreciation of the asset if the investment is held for at least 10 years.

What are Opportunity Zones?

Created as part of the 2017 Federal Tax Bill, Opportunity Zones are a new economic development tool that allows individuals and corporations with capital gains tax liability to place those gains in a qualified Opportunity Fund in exchange for tax deferral, tax reduction, and permanent exclusion benefits.

Opportunity Zones

Designated census tracts that are eligible for Opportunity Fund Investments.

Opportunity Funds

The formal investment vehicle for investing in designated Opportunity Zones.

Eligible Investments

Qualified Opportunity Zone Business Property (new real estate construction, existing property redevelopment, tangible business assets)
Partnership Interest
Newly Issued Stock

Contact Harry Blanton at hblanton@alloydev.org or at 513-458-2230

Connect with one of our Economic Development specialists today

We are here to support and advise, give our team a call at 513-631-8292 or fill out our form.

“Alloy was able to take our strategic concept and support our efforts to bring it to life through tactical execution, from working with vendors and business owners to coordinating key partner meetings. Their involvement was a key to our success!”

Beth Robison

President & CEO of the Uptown Consortium, Inc., and Alloy Board Member