In The News:
Since inception, Gary Hobbs, the CEO of BWI, LLC, has been instrumental in developing the strategy behind Opportunity Zones. This initiative is part of the Tax Cut and Job Act of 2018. As chair of the Real Estate Economic Inclusion subcommittee (led by Senator Tim Scott), Gary is one of the country’s leading authorities on this matter. As a result, BWI is uniquely positioned to provide valuable investment services to investors, and plays a critical part in connecting them to promising community projects.
Opportunity Zones provide 3 primary tax benefits to investors who invest in a designated Opportunity Zone through the use of an Opportunity Fund.
In The News:
Energy Efficient Affordable Housing Program Breaks Ground on First Community
The organizations behind an innovative housing model that uses energy efficiency as a way to manage costs for low- to moderate-income residents have broken ground on their first community in Fort Wayne. Posterity Scholar House, Phase 1 of the Posterity Heights project, is geared specifically toward single parents working to increase their educational attainment. It’s just one example of the Moving Forward program’s intent to adapt to communities’ unique needs.