Opportunity Zone Investment Profile - Building 100 at Regional East Alabama Logistics

The park is a catalytic project that is part of a broader effort to boost Community Stats Tract 2315: Alabama economic growth in Macon County, and Building 100 is the first project to be MSA: completed in the multi-phase build-out of the park. [...] As the project looks to move from construction to permanent financing, supported the nomination of more than 8,700 low-income census the team is exploring utilizing New Markets Tax Credits as part of the tracts for Opportunity Zone designation. [...] The Opportunity Zones policy is based on the bipartisan Investing in The groundwork for this investment began in 2020, when Opportunity Opportunity Act, which was championed by a regionally and Alabama (OPAL) began working with the Macon County Economic politically diverse coalition of congressional cosponsors. [...] About The Economic Innovation Group (EIG) OPAL helped MCEDA and Farpoint Development create a roadmap for EIG is a bipartisan ideas laboratory and advocacy organization the development and capitalization of Building 100 at REAL Park — a whose mission is to advance solutions that empower entrepreneurs catalytic project that is part of a broader effort to boost economic growth and investors to forge. [...] EIG leads a coalition of stakeholders as part of its efforts to support In 2020, Opportunity Alabama began the formation of OPAL the formation of a robust Opportunity Zones ecosystem.