Qualified opportunity funds (QOFs) tracked by Novogradac report an equity investment of $24.40 billion at the end of 2021, a jump of $6.88 billion in the final six months of the year, according to the Novogradac Opportunity Zones Investment Report: Data Through Dec. 31, 2021. In this week’s Tax Credit Tuesday podcast, Michael Novogradac, CPA, and Novogradac partner John Sciarretti, CPA, discuss data from the report and the implications for the opportunity zones incentive. They begin with an overview of the information, then discuss the impact of the expiration of the five-year benefit on QOF investment, before looking at the types of investments being made and the top states and cities for planned investment. They wrap up with a look at the ranges of QOF sizes and an explanation of the services to help those involved in the OZ incentive.