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60-Unit OZ Workforce/Affordable Housing Offering Webinar Recap

Posted on April 14, 2025 by Blake Backer

Pinnacle Partners and Housing Diversity Corporation (HDC) hosted a webinar discussing our latest Opportunity Zone (OZ) real estate development: a shovel-ready workforce/affordable housing project in the heart of Los Angeles – Hollywood, CA.

Amid post-disaster recovery and a severe regional housing shortage, this project presents investors with potentially high-impact social outcomes, coupled with the powerful tax benefits of the OZ program. The business plan of this project is built upon a previous Pinnacle and HDC development, Vida DTLA.

Watch the full webinar recording below to learn more about: 

  • Pinnacle and HDC’s longstanding partnership with previous development projects (2:30)
  • Opportunity Zone Program Overview, including a summary of OZ tax benefits  (5:14) 
  • OZ 2.0 outlook with Jill Homan, offering insights on a potential OZ program expansion through legislative, regulatory, and executive channels, which includes bipartisan and bicameral support (7:58)  
  • Vida DTLA case study, for which this fully leased master-leased project showcases innovation in naturally occurring affordable housing (16:43)
  • 6766 Hawthorn summary detailing the 60-unit shovel-ready project  (20:34)
  • Derisking construction uncertainty & cost control, discussing how the team delivers fixed construction pricing through detailed scopes of work and durable vendor relationships (30:18)


If you’d like to request offering materials or learn more about this impactful Opportunity Zone development, please visit our page here. Have more questions? Contact us below. 

Past performance of Pinnacle Partners OZ Funds is not indicative of future results. There can be no assurance that the fund’s objectives will be achieved or that cash distributions will, in fact, be made or, if made, whether those distributions will be made when or in the amount anticipated or that certain tax benefits will be available to investors. An investment in the fund is illiquid, speculative, and will involve significant risks. It is only offered to suitable and qualified investors. Full details about the fund and its associated risks can be found in the fund offering documents. 

Nothing in this blog post should be construed as tax advice.  Please confer with your tax adviser to determine if an investment in an OZ fund is right for you.