Qualified Opportunity Zone funds during the third quarter 2024 have raised $1.24 billion in additional capital, bringing the total investment since the inception of the Opportunity Zones incentive to $39.54 billion, according to DI Wire, sourcing funds tracked by Novogradac.
This quarter-over-quarter growth represents the largest increase since the second quarter of 2023 and surpasses the combined total of the previous three quarters, reported the article.
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