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DC GOVERNMENT

info@dc.gov

Office of the Chief Technology Officer, Washington, DC, US

Deputy Mayor for Planning and Economic Development Opportunity Zone Project Form

Instructions:

If you are seeking an equity investment from a Qualified Opportunity Fund, submit the following information for your investment opportunity (i.e. real estate project or operating business). Projects that meet the following criteria will be added to the DC OZ marketplace (in development):

  • Project must be located in a DC Opportunity Zone (view the interactive map of eligible Census Tracts or enter your address on the map at oppzones.dc.gov)
  • Submission is complete
  • Project owner commits to sharing semi-annual updates

Please contact Katie.Baskett@dc.gov if you have any questions or difficulties completing the form.

Project Sponsor Information

1. Full Name

Project Details

Site Control (real estate projects): Does the name or organization listed above have site control?

Does the entity seeking investment have a business license number?

11. Project Address (If Applicable)

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Acknowledgements

A. In order to be included in the DC OZ marketplace, you must agree to provide semi-annual updates on the following topics:

  1. Financing: OZ investment received ($); share of total financing.
  2. Employment: Total FTEs; share that are District residents.
  3. Project status.

B. To be eligible for an OZ investment, a business or project cannot be operating as a “sin business” as defined by the Tax Cuts and Jobs Act of 2017 (e.g. a private or commercial golf course, a country club, a massage parlor, a hot tub facility, a racetrack, a gambling facility, a liquor store).

How Project Aligns With District Priorities

The District of Columbia encourages OZ investments that support the following goals. Indicate which goal(s) your project addresses and how the project will achieve the selected goal(s). Select all that apply.

Goal: Increase the District’s affordable housing supply and homeownership opportunities.

If your project addresses this goal, please indicate how - check all that apply (affordable housing):

Goal: Provide new community amenities.

If your project addresses this goal, please indicate how - check all that apply (Community Amenities):

Goal: Project will improve access to capital and growth opportunities for local DC Businesses

If your project addresses this goal, please indicate how - check all that apply (Opportunities for DC Businesses):

Goal: Create jobs and training opportunities for residents of Opportunity Zones.

If your project addresses this goal, please indicate how - check all that apply (Jobs and Training Opportunities):