Cleveland Impact Fund manages a qualified opportunity zone fund, facilitating the deferral of capital gains exposures.
Invest in transformative projects that are high-return and create high impact for the local communities.
The Cleveland Impact Fund works with many different partners ranging from foundations to public entities.
An investor can receive special tax benefits if they roll that gain into an Opportunity Fund within 180 days of a sale of an asset. These capital gains taxes are deferred for 10 years.
Invest in real, impactful local businesses. The OZ Fund movement is incentivizing the moving of capital from the stock market to the main street.
After 7 years reduce the amount tax you owe by up to 15%. After 10 years, all capital gains reduction is possible.
Real estate offers return separate from the performance of the stock market. During times of volatility real estate offers a safe position against potential down turns.
The Cleveland Impact Fund team is energetic about enabling entrepreneurs and providing capital to the highest impact, highest returning projects.
We are always happy to connect our resources. Let us know how we can help you!
We are active in building high growth real estate and technology projects. We sometimes buy our own properties and other times work with owners. Our goal is to support entrepreneurs and help grow Cleveland.
Unrestricted access to projects/founders
Direct involvement welcome at all levels
Access to capital, resources and means to get your project done
Clear expectations and communication
(216) 220-9893
kevin@clevelandozfund.com
2831 Franklin Blvd, Cleveland, Ohio