Real estate firm FCP is ready to invest in Opportunity Zones
October 10, 2018 / Jeremiah Jensen
The floodgates appear to be opening. FCP, a privately held real estate investment company, is ready to dole out capital for projects in or around Opportunity Zones. This is an early example of what could become an absolute landslide of capital pouring into the Opportunity Zones called for in the Tax Cuts and Jobs Act of 2017. These zones are meant to spur economic growth in undercapitalized areas around the nation with significant tax incentives offered to investors who deploy and keep their capital working in these zones long-term.