Updated: Jun 15, 2020
Chris Knoppe, CBUS OZ FUNDS President, was recently featured in a Biz Journals article that addressed how taxpayers saved $240 million from taxation by investing in Ohio opportunity zones in 2019. Below is the excerpt from the article highlighting his insights on Opportunity Zone investing and how CBUZ OZ FUNDS is making its mark on Columbus Opportunity Zone investing.
"... Chris Knoppe, CBUS OZ FUNDS President, is raising a $5.1 million fund to acquire and renovate residential properties within Columbus’ urban neighborhoods.
'The opportunity zone tax incentives enable us to restore vacant and blighted residential properties back into productive use, thereby increasing the housing options available to residents, eliminating havens of crime, and preserving, rather than replacing, the vibrancy of our urban neighborhoods,' Knoppe said."
Read Biz Journal's full-length article here: