List of Opportunity Zone Funds
Opportunity Zone funds directory: filter, compare, and shortlist
This directory lists 1,067 opportunity zone funds across all 50 states + DC: 63 curated fund profiles (sponsor-verified where indicated) and 1,004 listings from SEC Form D filings. The curated profiles include 1 Qualified Rural Opportunity Fund (QROF). A Form D filing does not establish QOF status. Filter by state, asset class, target IRR, minimum, and structure to shortlist funds, then check each one with our guide to choosing Opportunity Zone funds.
Fund count: 1,067 (updated )
Before you invest, check your deadline with the 180-day rule calculator. Fund managers: Form 8996 instructions and 90% asset test calculator. Line funds up with compare funds, or browse the sponsor index. See the January 2027 investing checklist for timing, the 180-day straddle, and QOF vs QROF.
OZ 2.0 investments on or after January 1, 2027 receive a rolling 5-year deferral and a 10% basis step-up (30% for qualified rural funds). Read the OZ investing January 2027 guide, then see the tax-benefits guide, Qualified Opportunity Fund overview, and OZ 2.0 comparison.
63 Qualified Opportunity Funds (QOFs)
63 of the 1,067 funds below are curated Qualified Opportunity Funds. Filter them: Standard QOFs (60) or Rural QROFs (1). 2 more don't state an election in their materials. The other 1,004 come from SEC Form D filings, which don't show QOF status.
Opportunity Zone funds — frequently asked questions
Is every fund here a qualified opportunity fund?
No. Funds self-certify as QOFs on IRS Form 8996, which isn't public, and an SEC Form D filing doesn't show QOF status. The 63 curated funds are Qualified Opportunity Funds (QOFs); the other 1,004 listings come from Form D filings and may or may not be QOFs.
How many Opportunity Zone funds are there?
This directory lists 1,067 opportunity zone funds: 63 researched profiles plus funds drawn from their SEC Form D filings, open and closed. Form D has no field for QOF status, so a Form D listing alone doesn't confirm a fund is a QOF. The full universe of QOFs is larger because any fund can self-certify with the IRS on Form 8996 without a public registry, but this is an independently maintained list.
What is the difference between a QOF and a Qualified Rural Opportunity Fund (QROF)?
A standard Qualified Opportunity Fund (QOF) invests in any Opportunity Zone and receives a 10% basis step-up after a 5-year hold under OZ 2.0. A Qualified Rural Opportunity Fund (QROF) invests specifically in rural zones and receives an enhanced 30% basis step-up at five years. Of the 1,067 funds listed here, 1 is structured as a rural QROF — filter Standard QOF vs Rural QROF in this directory, then use the QOF vs QROF rules for January 2027 checklist for Day-1 timing, the 10% vs 30% step-up path, and capital staging.
Are Opportunity Zone funds still available in 2026?
Yes. The One Big Beautiful Bill Act, signed July 4, 2025, made the Opportunity Zone program a permanent part of the tax code. Investments made on or before December 31, 2026 follow OZ 1.0 rules; investments made on or after January 1, 2027 follow the new OZ 2.0 rules with a rolling 5-year deferral, a 10% basis step-up (30% rural), and Day-1 QOF options you can shortlist in this directory — see the Day-1 QOF shortlist for January 2027 checklist for timing and structure, or the step-by-step guide on how to invest in Opportunity Zones. To see funds near you, filter the funds list by state.
What is the minimum investment for an Opportunity Zone fund?
Minimums vary widely by fund — from roughly $25,000 for some multi-asset funds to $250,000 or more for single-deal institutional funds. You can filter this directory by minimum investment, target IRR, asset class, and state to find funds that match your situation. Most QOFs are private placements limited to accredited investors — then use the minimums and Day-1 shortlist for January 2027 checklist for timing, the 10% step-up path, and QOF vs QROF before you commit capital.
How do I choose an Opportunity Zone fund?
Compare funds on geography (which zones they invest in), asset class (real estate, operating businesses, infrastructure), sponsor track record, fee structure, target returns, hold period, and whether the fund is a standard QOF or a rural QROF. This directory lists every fund equally with no paid placement, so you can filter and compare on the underlying data rather than ad spend — then use the Day-1 QOF shortlist for January 2027 checklist for timing, the 10% step-up path, and QOF vs QROF before you commit capital.
How should investors prepare QOF capital for January 1, 2027?
Treasury designated all 6,576 OZ 2.0 tracts on its final list (press release sb0682), effective January 1, 2027, with a rolling 5-year deferral and a 10% basis step-up (30% for qualified rural funds). Use this directory to shortlist Day-1 Standard QOF and Rural QROF options while the 180-day capital-gains clock still runs — then follow the 180-day capital-gains clock for January 2027 Day-1 checklist for timing and QOF vs QROF.
What are the best Opportunity Zone funds?
There is no single "best" Opportunity Zone fund — the right QOF depends on your capital-gains amount, target hold period, risk tolerance, and whether you want real estate, an operating business, or a rural (QROF) strategy. Because this list of 1,067 opportunity zone funds carries no paid placement and ranks every fund equally, you can sort the full directory by target IRR, minimum investment, asset class, and structure to find the best fund for your situation — rather than relying on advertised "top fund" lists — then use the best-fund shortlist criteria for January 2027 checklist for Day-1 timing, the 10% step-up path, and QOF vs QROF.
When do OZ 2.0 benefits begin for a QOF investment?
OZ 2.0 rules take effect January 1, 2027. Qualified Opportunity Fund investments made on or after that date receive a rolling 5-year deferral and a 10% basis step-up (30% for qualified rural funds). Shortlist Day-1 Standard QOF and Rural QROF options in this directory now — then follow the OZ 2.0 investing start date (January 2027) checklist for timing, the 10% step-up path, and QOF vs QROF.
What happens now that the September 28, 2026 nomination window has closed?
The federal OZ 2.0 governor nomination window closed September 28, 2026. States using the single 30-day extension under IRS Rev. Proc. 2026-14 (New Jersey among them) had until October 28, 2026 to file. Treasury published the final OZ 2.0 list on November 5, 2026 (press release sb0682), designating 6,576 tracts effective January 1, 2027. QOF investments on or after that date receive a rolling 5-year deferral and a 10% basis step-up (30% for qualified rural funds). See designated counts on the OZ 2.0 tracker and use the post-deadline OZ investing January 2027 guide to line up Day-1 fund choices.
What should I check about a fund's target zones and reporting before investing in January 2027?
Three checks go beyond fees and track record. First, zone status: Treasury designated every nominated OZ 2.0 tract on its final list (sb0682), effective January 1, 2027; check that the fund's tracts are on that list. Ask which tracts the fund will invest in, then look up each state on the OZ 2.0 nomination tracker (for example, Massachusetts nominated 104 tracts on October 2; all of them are on Treasury's final list). Second, rural status: the 30% step-up applies only to a qualified rural fund investing in rural zones; everything else gets 10%, so confirm which one the fund is structured for. Third, reporting: under the IRS's proposed rules (REG-116506-25), funds would file an annual information return on Form 8996 and send statements to investors who dispose of their interests, with penalties of $500 a day for late or incomplete fund returns, capped at $10,000 per return or $50,000 for funds with more than $10 million in gross assets. Ask the sponsor how it will handle that. Our report on the proposed reporting rules has the details, and the January 2027 investing guide covers timing.