Opportunity Zone Investment Profile - KOZ on MLK - Location: Tacoma, WA

Koz also worked with the City of Tacoma and the Tacoma affordable housing, and greatly needed new Housing Authority to secure land and tenants for the project. [...] the forces of gentrification.” – Jeff Robinson, Director of Community and Economic Development, City of Tacoma EIG The information presented was gathered through interviews with project stakeholders, (e.g., the project sponsor, fund manager, etc.). [...] place to preserve the affordable homes and neighborhood-serving retail at the property over the long term. [...] Catalyst targets its OZ investments to projects that expand the availability of affordable and workforce housing, address the service $6.5 million - Additional OZ equity and amenity needs of current residents, are positioned to help revitalize $11.3 million - Loan from Sound Community Bank local economies, and address climate change and inequity in the built environment. [...] The Impact of Opportunity Zone Financing Both Koz and Catalyst were authentically aligned around leveraging the OZ program to support a high-impact project that responds to community concerns about the rising cost of housing as well as addresses existing community needs.