Understanding How the $1.9 Trillion American Rescue Plan Can Turbocharge Opportunity Zone-Based Investing

Background:

The COVID-19 pandemic created a nationwide health crisis in America – a kind not seen in over 100 years.  That health crisis triggered an unprecedented and systemic economic crisis triggering capital crunch that itself has led to ongoing revenue and solvency challenges for American businesses.

The response of the current Federal administration – the American Rescue Plan (ARP) - is an enormous and broadly targeted allocation of $1.9 trillion of Federal funds to municipalities, small businesses and individuals around the nation. 

Some of these funds will go to immediate use for household spending – directly stimulating the economy. Some will be used for debt repayment and stabilizing municipalities’ finances.

In many instances, however, these new Federal funds will be directed towards infrastructure investment and supporting private enterprises. 

Discussion Points:

This webinar will explore those specific components of the ARP which will drive private sector-focused investment.  It will review how these Federal funds can be leveraged using existing Opportunity Zone legislation to drive stronger returns for investors, provide fresh capital for existing businesses and create opportunities for start-up ventures.

For example, the ARP will provide municipalities funding that can be used to support:

• Pre-development activities that can instigate Opportunity Zone investments and reduce investment risk
• Support a business’ or municipal project’s “capital stack” to encourage incremental (or previously uneconomic) Opportunity Zone transactions

In addition, the webinar will specifically address how Opportunity Zone investing is maturing as an investment model. 

The webinar will discuss opportunities for investors to support:

1. Real estate investments with an emphasis on multi-family mixed income residential building with the housing-development funding from the ARP
2. Investing in cities now that municipalities have significant incentives to leverage ARP funding to support development plans and redevelopment concepts - including the support of operating companies currently based within Opportunity Zone-areas
3.  The trend towards combining real estate and operating investments into a singular “transaction”

About our Speakers:

• Bo Kemp is the Chief Executive Officer at Southland Development Authority. He partners with a national network of advisors, advocates, government and business leaders to help drive growth, tackle major initiatives and boost efficiency in municipalities. Highly experienced in the structuring and execution of public-private partnerships, Bo has a reputation for driving innovation in municipal utilities, public infrastructure, and economic development for "legacy" cities. For the last 15 years, Bo has worked with municipal executives around the country to address some of the hardest to solve problems.

• Charles Sheffield is a Managing Director of Capital Access where he helps the firm’s clients make principal investments across a variety of industries. He was a Managing Director of Clearbrook Global Advisors and Snowden Lane Advisors where he advised clients regarding their private investments. Charles was a founder and partner of Carthage Capital Group where he made investments primarily in supply chain software companies. He was a Vice President at LM Capital where he focused on middle market acquisitions. Charles also worked at Accenture and Mitchell & Titus, LLP. 

• Moderator: Kenneth Allen has over 25 years of experience in investment banking, business strategy and project management. Kenneth is the founder of Azurest Partners, a financial advisory firm. His prior experience includes senior roles at Lehman Brothers and JP Morgan. At Lehman Brothers, Kenneth was an investment banker focusing on clients in the business services, IT professional services and technology sectors. He also served in the Corporate Strategy group at Lehman Brothers and has served as a CAO in Lehman's Mortgage Capital division. Kenneth is also an Impact Capital Forum Board member.
  

ICF Members can pre-register at no cost. Non-Members may join for a $15 registration. Membership is available at levels for $25, $50 and $95, learn more.

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