Across the entire country there are qualified funds, some with national focuses, some with regional focuses, and some with city/neighborhood focuses.

The National Council of State Housing Agencies (NCSHA) and Novogradac both provide lengthy Opportunity Fund directories, breaking different funds down by where they are focused and what asset types they focus on. See those here:

 

 NCSHA Opportunity Zone Fund Directory

Novogradac Opportunity Funds List 

Top Fund$ in Alabama:

The 1787 Capital Opportunity Zone Fund partners with public agencies on redevelopment projects, including commercial, hotel, infrastructure, mixed-use, multi-family housing, and workforce housing.

Fund Data

Asset Classes: BusinessReal Estate

Property Types: CommercialHotelInfrastructureMixed-UseMulti-Famliy HousingResidentialWorkforce Housing

Investment Locations: AlabamaDelawareFloridaGeorgiaMarylandMississippiMissouriNew JerseyNew YorkNorth CarolinaOhioSouth CarolinaVirginiaWashington DC

Fund Size: $50,000,000

Contact Information

Contact: Chris Jeter

Phone: (646) 283-7295

Email: chris@1787capital.com

Fund Website

The Community Outcome Fund will focus on location based Workforce & Economic Empowerment Areas (WEEA) located in 20 regions across the U.S. Projects will utilize a mix of strategic Public/Private funding instruments.

Fund Data

Asset Classes: BusinessReal Estate

Property Types: CommercialInfrastructureMixed-UseResidential

Investment Locations: AlabamaArkansasCaliforniaFloridaGeorgiaIllinoisIndianaKansasLouisianaMarylandMassachusettsMichiganNevadaNew JerseyNew YorkNorth CarolinaOhioPuerto RicoTexasVirginiaWashington DC

Fund Size: $500,000,000

Contact Information

Phone: (202) 600-7828

Fund Website

 

Maxus is a real estate investment and property management company that is in the business of acquiring, investing, developing and redeveloping multifamily and commercial properties, primarily in the southeast United States. Maxus affiliated entities control 56 multifamily apartment units consisting of approximately 12,100 apartment units and approximately 500,000 square feet of commercial space located in 13 states.

Fund Data

Asset Classes: Real Estate

Property Types: CommercialMulti-Family HousingResidential

Investment Locations: AlabamaArkansasFloridaGeorgiaKansasKentuckyLouisianaMississippiMissouriNew MexicoNorth CarolinaOklahomaTexas

Fund Size: $500,000,000

Contact Information

Contact: Kelly Johnson

Phone: (816) 805-5659

Email: kjohnson@maxusprop.com

Fund Website

 

Renaissance Equity Partners is a DC-based economic development advisory and fund management firm that provides technical assistance and financing to historically black colleges and universities to improve their campus conditions and revitalize blighted campus-adjacent neighborhoods. The HBCU Opportunity Fund is offered in partnership with the nonprofit HBCU Community Development Coalition.

Fund Data

Asset Classes: Real Estate

Property Types: CommercialMulti-Family HousingResidentialWorkforce Housing

Investment Locations: AlabamaDelawareFloridaGeorgiaKentuckyLouisianaMarylandMississippiMissouriNorth CarolinaOhioOklahomaPennsylvaniaSouth CarolinaTennesseeTexasVirgin IslandsVirginiaWashington DCWest Virginia

Fund Size: $50,000,000

Contact Information

Contact: Robert K. Jenkins Jr.

Phone: (202) 379-2865

Email: rkjenkins@renequity.com

Fund Website

 

For a state by state list visit OpportunityDb