The economic development organization that helped bring the St. James Hotel to Water Street is looking for more opportunities in Selma and Marion.
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Opportunity Alabama (OPAL) is taking letters of interest for its new program to revitalize historic districts in Selma and Marion.
Selma is home to many buildings that are 200 years old or more.
Opportunity Alabama (OPAL) was one of 11 other organization to receive funds from a revitalization grant program by the National Park Service …
Alex Flachsbart, founder and CEO of Opportunity Alabama, says the organization has closed 10 development deals bringing $100 million in invest…
By Dennis Washington/Alabama News Center Opportunity Alabama, the nation’s first nonprofit organization to create a marketplace for Opportunity Zone (OZ) investment in a state, has been named theâ¯best OZ organization in the U.S. for rural communities. Forbes, in partnership with theâ¯Sorenson Impact Center, examined more than 100 OZ organizations around the country, judging them on […]
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Waterfront property is included in the Opportunity Zone.
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A new economic development “carrot” is being dangled over investors that could lead to major redevelopment of downtown Selma. It’s called the Opportunity Zone, and within its borders, investors receive federal tax incentives on funds invested – and capital gains realized – from improvements made in the zone. The new zone has already attracted one […]
