Bright Impact combines investment and management expertise with an integrated suite of products and services focused specifically on Opportunity Zones. We help investors, fund managers and communities understand how best to leverage Opportunity Zones and gain better insight into the returns and impacts of their investments. Are you looking to make a difference with Opportunity Zones?
Learn about Opportunity Zones. Understand tax incentives, program guidelines and more.
Maximize your fund’s potential and ensure compliance with our consulting, management and reporting for Qualified Opportunity Funds.
The Opportunity Zone program is an economic development initiative enacted by Congress as part of the Tax Cuts & Jobs Act on December 22, 2017. The legislation was created to boost investment in specific distressed communities known as Opportunity Zones. The initiative offers tax benefits to investors that encourage them to invest their capital gains into real estate and/or businesses within Opportunity Zones.
Prior to Opportunity Zones, if you have invested in stocks, real estate or other assets that have appreciated in value, you could not sell those assets without paying huge taxes.