Speakers Announced: Florida Opportunity Zone Conference Dec. 18-19

The National Council of Development Finance Agencies (CDFA), the Florida Department of Economic Opportunity (DEO) and the Florida Chamber of Commerce Foundation are pleased to announce the following speakers for the Florida Opportunity Zone conference December 18-19 in Orlando.

Registration is limited, so register today

Featured speakers include:

  • Cissy Proctor, Executive Director of the Florida Department of Economic Opportunity
  • Will Weatherford, Managing Partner of Weatherford Capital
  • Tony Carvajal, Executive Vice President, Florida Chamber Foundation
  • Katie Kramer, Vice President, National Council of Development Finance Agencies
  • James Carras, Principal of Carras Community Investment and faculty member at Harvard University’s John F. Kennedy School of Government
  • Marshall Phillips, Principal, CohnReznick LLP, one of the largest accounting, tax and business advisory firms in the United States
  • Joseph Darby, Partner, Sullivan & Worcester, an international legal services firm
  • Will Lambe, Director of Capital Solutions for Enterprise Community Partners, a national nonprofit focused on affordable housing and improving low-income communities
  • David Sillaman, President and Fund Director, Sikari Luxe, a Florida-based Opportunity Fund
  • Reid Thomas, Executive Vice President, NES Financial, a Silicon Valley financial technology company focused on Opportunity Zones and other complex tax programs

The conference will also highlight projects underway in Florida Opportunity Zones, including representatives from:

The conference will be held December 18-19 at the University of Central Florida in Orlando.The Opportunity Zone program, created in the federal Tax Cuts and Jobs Act of 2017, is a new tool that provides tax incentives for investments in low-income communities all across the country. Gov. Rick Scott nominated 427 low-income Florida communities as Opportunity Zones, and investors and communities across the state are ready to get started.

Sponsorship opportunities are still available. Registration is limited, please register today!

Opportunity Zones Program

  • The Florida Opportunity Zones nominated by Governor Rick Scott were certified by the U.S. Department of the Treasury on June 14, 2018. The certification letter from U.S. Treasury can be found here. For Gov. Scott’s nomination letter to the U.S. Treasury, click here.
    • For a full list of Florida’s certified Opportunity Zones, click here.
    • For a list of Frequently Asked Questions on Opportunity Zone program, click here.
    • For a map showing the location of the nominated Opportunity Zone program, click here.
    • For the statewide press release, click here.
  • In December 2017, President Donald Trump signed the Tax Cuts and Jobs Act of 2017, which created a new tool for community economic development, the Opportunity Zones program.
  • This new tool provides tax incentives, including a temporary deferral on capital gains taxes, when investors reinvest those gains in qualified Opportunity Funds. The funds must in turn invest in low-income communities from designated census tracts, called Opportunity Zones.
  • The act allowed the Governor of each state to nominate up to 25 percent of eligible low-income census tracts as Opportunity Zones.
  • The U.S. Department of Treasury will be developing rules regarding the necessary qualifications of Opportunity Funds and eligible investments. More guidance about the funds and investments can be found at: Home Treasury - Press Release
  • The full text of H.R. 1, the Tax Cuts and Jobs Act of 2017, can be found at: Congress Bill 115th House Bill

Additional Opportunity Zone Resources

Economic Innovation Group: EIG Opportunity Zones

Enterprise Community Partners: Enterprise Community - Focus Opportunity Zone Program

National Development Council: NDC Online - Unpacking the Investment in Opportunity Act 

Opportunity Zone Eligibility Tool: Enterprise Community - Opportunity360

Department of Treasury Opportunity Zone Resources: CDFIFund - Opportunity Zones

 

Contacts

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