Portrait of a neighborhood: Fairfax is ready to enter its long-awaited renaissance era | Fresh Water Cleveland

From Fresh Water Cleveland: For the last two decades, Cleveland’s Fairfax neighborhood has been master planning for a renaissance—and now its golden age is in sight. With an ideal location on the $331 million Opportunity Corridor and an array of developments and initiatives coming to fruition, the area is preparing to round the bend on a four-pronged Strategic Investment Plan that began in 2008.

Apartment projects would renovate two city corners | Crain's Cleveland Business

From Crain’s Cleveland Business It was considerably easier to raise funds for the project with the Opportunity Zone," Smythe said. "It's a strong incentive for the investors and a great way to promote economic development in economically distressed areas."

Under the Opportunity Zone program, investors with capital gains may shelter them from federal taxes by investing in a property or business in a designated Opportunity Zone area.

Greater Cleveland Partnership to invest $50 million in economically distressed parts of Cuyahoga County | Cleveland.com

From Cleveland.com “The Greater Cleveland Partnership announced Monday it will create a $50 million real-estate investment fund intended to spur private investment in economically distressed parts of Cuyahoga County.”

Greater Cleveland Partnership sets plan for new socially focused loan fund | Crain's Cleveland Business

From Crain’s Cleveland BusinessGreater Cleveland Partnership, the region's chamber of commerce, plans to launch through its Cleveland Development Advisors affiliate a $50 million fund geared to gaining more opportunity zone investments in the region.”

Is Your City Prepared For The Opportunity Zone Impact? | Forbes

“City, county and municipal leaders in the Cleveland, OH, area are partnering with banks, investors, philanthropists and nonprofit groups in what’s collectively known as Opportunity CLE, a “cohesive economic development ecosystem unlike any other in the nation.” Together, they’ve drafted their own Investment Prospectus, which includes a digital portal for investors to connect and submit proposals.”