CalOZ Attends White House OZ Conference

CalOZ Attends White House OZ Conference

On April 17, CalOZ attended the White House Opportunity Zone Conference & Breakout Sessions with State, Local, Tribal, & Community Leaders. The event coincided with the release of the second round of IRS regulatory guidance regarding OZ fund investments. CalOZ President Kunal Merchant pressed Treasury Security Stephen Mnuchin for details regarding OZ fund metrics and reporting - a critical component to ensuring investments fulfill their intended community purposes.

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Former Kings executive launches opportunity zone group

Former Kings executive launches opportunity zone group

The prospect of opportunity zones has generated excitement over the last year, but some developers, funds and communities aren’t sure how to leverage the new tax incentive program. hat’s why Kunal Merchant, a former Sacramento Kings executive and aide to former Mayor Kevin Johnson, says he’s launching CalOZ, a new group dedicated to navigating the complicated framework around opportunity zones.

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