Opportunity Zone Tax Credits

Topic:Smart Growth and Livable Communities Series – leveraging a tool in the federal tax lawGuest & Organization:Kemble K. Pope is an Urban Infill & Real Estate Entrepreneur in the Sacramento Region of Northern CA. He is a Founder and the Managing Member of POI Partners, LLC, a consulting firm that represents Opportunity Zone Fund investors by sourcing and vetting redevelopment projects, negotiating capital placement terms and overseeing the use of those funds until the project is completed and stabilized.His academic background was focused on environmental and technology policy, but he has worked in a broad range of sectors including politics, business & economic development, mobile technology and land use. From 2011 to 2014, he led the Davis Chamber of Commerce (“DCOC”) as the full-time CEO.Kemble’s most recently completed redevelopment work is “Meridian Place” in Central Davis. He assembled two underutilized lots and constructed a new 11-unit, 3-story, infill rental project. The project includes one permanently affordable unit, which allowed Pope to be the first developer in Davis to utilize the provisions of AB744 for increased density above the City of Davis standards. In Spring 2019, he will break ground on Trackside Center, a transit-oriented redevelopment in Downtown Davis. The 4-story building includes 9,000 SF commercial on the ground floor, with a large outdoor plaza, and 27 rental units above.While living in Davis, CA from 2003-2017, Pope served as a political appointee on several community-serving committees. He was Chairperson of the City of Davis Climate Action Team, which created one of the first municipal Climate Action Plans in response to AB 32 and SB 375. He was Chairperson of the City’s Open Space & Habitat Commission and served on the Davis Joint Unified School District’s Property Tax Oversight Committee and Surplus Property Committee.Kemble currently lives in Midtown Sacramento.Resources:Local Government Commission