OPPORTUNITY ZONES

Qualified Opportunity Zones

 


Urban Capital Alliance, LLC is pleased to announce its first Opportunity Fund:

The first in a series of Opportunity Funds to be managed by Urban Capital Alliance. Opioid Addiction Centers Fund, the OAC 0Z Fund will invest exclusively in developing Opioid Addiction Center and creating long term leasing to a national operator of Opioid addiction Centers in Ohio, Kentucky and Indiana. Our first project will be in Mansfield, Ohio Opportunity Zone, we intend to acquire and renovate an existing commercial building under contract to be leased to the National Opioid Addiction provider upon completion. In addition, we also intend to develop an (60) bed Detox Center and (14) (1) and (2) bedroom transitional housing units built onto the rear of the existing commercial building. The Tax Cuts and Jobs Act of 2017 enacted by Congress set out the formation of Opportunity Zones throughout the USA with the intent of catalyzing growth in various census tracts.

Based on the parameters of the program, we believe that each fund should be site specific aligning the timing of the fund and project, optimizing the benefits for investors.



Why a Qualified Opportunity Fund (QOF) Matters: qualified opportunity zone


Capital gains invested into a QOF within 180 days can earn the following tax relief incentives:

No capital gains taxes on gains earned on an investment held in the QOF for at least 10 years. The investment can continue to accrue these tax-free gains until December 31, 2047.  A deferral on current capital gains tax payment until April 15, 2027.                                                                                                                                            A reduction in the original capital gain by 10% for investments held in the QOF for 5 years (if invested by December 31,   2019). A reduction of an additional 5% (for a total of 15%) of the original capital gain for investments held in the QOF for 7 years (if invested by December 31, 2019).


A capital gains taxes on gains earned on an investment held in the QOF for at least 10 years. The investment can continue to accrue these tax-free gains until December 31, 2047. For a fund to qualify as a QOF, at least 90% of its assets must be held in a Qualified Opportunity Zone. A QOF must measure and certify fund assets semiannually to comply with this ratio test. For real property investments QOFs must either place all the capital into a qualifying property within these measuring periods or set any capital aside for placement into a specific asset within 31 months, subject to specific requirements for proper compliance. For an investment to qualify, the QOF must place additional capital into a project that is at least equal to the value of the existing physical improvements at the time of acquisition within this 31 month window.


The Opportunity Zone legislation leverages private investment, creating jobs and transformational opportunity for those areas. Our goal through the OAC OZ Fund is to invest in the build out of Opioid Treatment Center’s projects in Opportunity Zones only. We’ve limited the raise to $12 million allowing us to deploy capital in a focused manner that seeks to maximize investor returns.

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URBAN CAPITAL ALLIANCE

WE ARE URBAN CAPITAL ALLIANCE.

  

We are entrepreneurs who partner with founders, management teams and experienced business owners to build and grow enduring, profitable companies. We are highly collaborative, team players who believe that a culture of partnership, shared ownership and incentive compensation motivates long-term success.


CULTURE

BIG DREAMS AND A CULTURE OF PARTNERSHIP. 


THAT’S HOW WE DRIVE SUCCESS.


We measure success by more than just dollars and cents. It’s also measured by the strength of our culture and partnership. 


We see every acquisition as a collaboration, where we partner with experienced business owners to help build, support and grow their businesses.


Our strategy is simple: Provide patient, long-term capital. Assemble a world-class management team fit to achieve ambitious goals. Incentivize all team members beyond market value for above-market performance.


 And have fun along the way.


We don’t over-burden our portfolio companies financially and we don’t look for quick exits. Our vision is to dream big, build lasting partnerships and substantially grow our company over a long period of time. 


OPPORTUNITY ZONES

At Urban Capital Alliance, we’ve been building businesses in low-income areas for five years. We’ve seen first-hand the impact that capital and growth can have on these communities – creating jobs and increasing wages.

 

We believe that the Opportunity Zone legislation is genius. 


By providing tax incentives to invest in low income communities, the legislation will lead to increased capital investment, more jobs and higher wages in parts of the country that are typically overlooked. 

Find out more

OPIOID ADDICTION CENTER - Planned redevelopment

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Urban Capital Alliance

3379 Peachtree Road NE, (Buchhead) Suite 855, Atlanta, GA 30326

(404) 287-9883

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