Community Planning Grant: Opportunity ZonesA
2019 Theme: Helping Your Community Make the Most of Opportunity Zones
The Opportunity Zone Community Planning Grant is designed to support local association and commercial overlay board efforts to work with public officials and other community leaders exploring ways for your community to make the most of Qualified Opportunity Zones in their Advocacy Territorial Jurisdiction. Thirty grants will be awarded in 2019 for up to $5,000. Applications are due by close of business September 9, 2019 and awardees must seek reimbursement from NAR by December 15, 2019.
Questions? Contact Hugh Morris at 202-383-1278.
Grant Specifications & Requirements
Grant may be used to fund:
- Content/speakers (including honorarium and travel)
- Tours of Opportunity Zones in your Advocacy Territorial Jurisdiction
- No more than $1,000 of the grant may be used for food and beverage
- No more than $1,000 of the grant may be used for a venue
Grant may not be used to fund marketing of Opportunity Zones.
- Events, efforts, and targeted Opportunity Zones must be completed within the Advocacy Territorial Jurisdiction of your association
- Your effort should have at least two other partners, one of which may be an adjoining local association or commercial overlay board
- Your effort should have at least one other financially contributing partner
- Must hold activity and submit for reimbursement on or before December 15, 2019
Grants are paid on a reimbursement basis. To receive reimbursement, submit a PDF containing :
- A cover sheet listing each expense (vendor and amount) with total at the bottom. All expense documentation should be provided in the same order as listed on cover sheet
- Invoices, contracts signed by both parties, receipts
- The agenda of your event
- Submission of a completed grant evaluation form
Reimbursements should be emailed to Hugh Morris.
To get the the conversation started within your association and among your partners consider the following:
- What kind of development does the community need?
- Is the proper zoning in place?
- What will the public space look like?
- Discussion of the public areas within the Opportunity Zone(s).
- New zoning for the Opportunity Zone to encourage high density/mixed-use development.
- Discussion of housing (affordable and otherwise) with the Opportunity Zone(s).
- Discussion of displacement of existing residents/gentrification.
- NAR’s Opportunity Zone Page
- Planning for Opportunity Zones Investments speaker at the 2019 REALTORS® Legislative Meeting
- IRS’ Opportunity Zone Page
- Opportunity Zones: Unlocking Private Investment in Distressed Communities
- Enterprise Community Partners’ Opportunity Zones Platform
- Economic Innovation Group’s Opportunity Zones Resource Page
- U.S. Impact Investing Alliance’s Opportunity Zones Resource Page
- Georgetown University’s Beeck Center’s Guiding Principles for Opportunity Zones
- Council of Development Finance Agencies’s Opportunity Zones Resource Page
- Urban Institute’s Maximizing Return on Public Investment