Tommy DobczykOpportunity Zone Advisor, OZ Wizard · Director of Development | Certified Opportunity Zone Advisor

Navigating First-Year Rules: Developer's Strategy for Shovel-Ready Projects #shorts

9 Feb 2026 · 1 min

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Tommy Dobczyk breaks a large development into three separate entities so each pays its own costs and avoids first-use restrictions. Once a buyer appears, each segment becomes its own special purpose vehicle, making every piece independently shovel-ready.

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There's a first use. So doing it the way that Adam would want it done, we're eliminating that right there. This goes away because each one is then paying for its own. So now you need three separate entities to own each one of these before it becomes a shovel ready project. Right. So now we need to find a buyer for this one, a buyer for this one, and a buyer for this one. So that way, this one then can become its own spv, this one can become its own spv, and this one can become its own SPV eventually.