Alabama’s first Opportunity Fund to advance and positively impact Alabama communities

Opportunity Alabama is thrilled to announce the creation of The OPAL Fund — a Qualified Opportunity Fund formed to invest in projects that meet expressed community needs and build wealth for those traditionally underrepresented in investing.

The OPAL Fund was formed to invest in real estate projects that target market rates of return, engage minority and woman-owned business enterprises (MWBEs) in development and management, and create better communities across Alabama.

Who We Are and How We Got Here

When Opportunity Zones (OZs) were finalized in mid-2018, they did not…


Opportunity Alabama is proud to announce the release of The Apex Project, an all-in-one tool designed to create stronger, more resilient, and more community-engaged higher educational institutions in Alabama — and across the U.S. This work, made possible through a grant from the Lumina Foundation, demystifies two interrelated worlds — community engagement and project finance — and shows how understanding both can lead to better outcomes on and off campus.

If you are a higher ed institution that wants to foster economic activity on your campus or in your community — AND you want to do so in an equitable…

Alex Flachsbart

Founder and CEO of Opportunity Alabama

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