Evo Haven - Build Green Life

frobes.com There is constant development around the globe. Businesses have found success with different money-making projects. These successes have elevated the society into good working and balanced working communities that provide safe homes, safe infrastructure to a better quality of life to people. However, some areas in every state and jurisdiction somehow do not make the cut; they remain underdeveloped, and there is no access to new opportunities for the community that resides in those areas.  What are distressed zones? Distressed areas are those areas in the community that are economically vulnerable. There is a lack of investments, and there are usually people residing in those areas who belong to the low socio-economic class. Distressed areas lack development opportunities and employment, and there is ample need for new development. What are Opportunity Zones? OZ's are referred to as those communities that are economically deprived and where there is a need for new investm...

Evo Opportunity Fund is now accepting new investors. Now you, along with Evo Opportunity Zone Fund, can evo-lutionize sustainable and affordable container living. This fund hopes to develop energy-efficient housing in qualified opportunity zones through the repurposing of storage containers.  The mission of this fund is to develop state-of-the-art container housing that is affordable and sustainable. The millions of people located in economically distressed communities and designated opportunity zones are the main priority. The fund hopes to help build back the nation’s communities that are in need the most.  Strategy  The strategy of the Evo Opportunity Fund involves building single and multi-family container homes located in densely populated and distressed areas. The fund’s team consists of skilled and specialized laborers that wish to resolve the global housing issues.  The fund has partnered with large companies such as Berkshire Hathaway, Checkers Restaurant Co...

As the real estate prices in the whole country are sky-high, there are substantial tax breaks being offered to investors for investing in opportunity zones. Such opportunity zones are created out of areas that are termed as underprivileged. Although the development of opportunity zones leads to economic benefits for these areas, the main goal behind it is to create sustainable cities and communities. In this blog, we will talk about what is Goal #11, the importance of urban human settlements, sustainable human settlements, and how Evo Haven plays a part in all of this. What is Goal #11? The importance of sustainable cities and communities was outlined by the United Nations in the 2030 Agenda, Sustainable Development Goal 11 . This goal states, "make cities and human settlements inclusive, safe, resilient, and sustainable." Basically, the UN wanted urban areas to focus more on clean energy and sustainable homes. Growing Importance of Human Urban Settlements Are you thinking ab...

Affordable housing continues to be a prevalent crisis in communities across the United States. There are many communities that are affected. In particular, the Latin and African American communities do not have access to affordable housing. Because of the coronavirus pandemic, the country has an ongoing housing crisis. However, Opportunity Zones are an incentive that can benefit the problem.  What are Opportunity Zones?  Opportunity Zones were created as an incentive program to bring investors to areas and locations that do not have capital strength and would have probably only been seen as valuable investments for non-profit agencies or the government. These zones are economic development tools designed to enhance economic development and job creation in distressed communities.  The designated zones have lower-incomes, high poverty rates, and higher unemployment rates.  Opportunity Zones and their Benefits for the Housing Crisis Opportunity Zones can lead to a healt...

Are you looking for the perfect opportunity to invest in real estate? If you’re looking to construct a new home anywhere in the U.S., you'll need to pay a lot of taxes. Well, anywhere except opportunity zones. In this blog, we will tell you exactly what opportunity zones are and why you should consider investing in them. Opportunity Zones Defined Opportunity zones are economically distressed areas where investors are given leniency in taxes to encourage them to invest more. Opportunity zones were added to the United States tax code in December 2017 under the Tax Cuts and Jobs Act ( TCJA ). The governors of each state are responsible for designating opportunity zones in that state. Each state can designate up to 25% of eligible census tracts as opportunity zones. As of right now, all 50 states and Puerto Rico have submitted and have been approved for designated opportunity zones.  Furthermore, if you wish to see a list of all opportunity zones, click here . You can also view the des...