OZFund, Inc. is a community-focused Qualified Opportunity Fund (QOF) with plans to acquire distressed below-market properties located in the ‘Opportunity Zones’ of Central Pennsylvania and Mid-Atlantic regions for redevelopment into rental housing for America's working families and commercial space. One project is in progress and three additional properties have been identified for acquisition by the OZFund.
For its first project, the OZFund has acquired a large property located at 800 South Queen Street, Lancaster, Pennsylvania, an Opportunity Zone. The OZFund property will be developed into 52 rental apartments and 6,700 sq. ft. of commercial space.