There are 8,764 Opportunity Zones in the United States, many of which have experienced a lack of investment for decades. The Opportunity Zones initiative is not a top-down government program from Washington but an incentive to spur private and public investment in America’s underserved communities.

Oct 8, 2024 · Opportunity Zones are an economic development tool that allows people to invest in distressed areas in the United States. Their purpose is to spur economic growth and job creation in low-income communities while providing tax benefits to investors.

Interested in your State’s or Territory’s Opportunity Zone strategy? Click here to learn more.

An Opportunity Zone is a designation and investment program created by the Tax Cuts and Jobs Act of 2017 allowing for certain investments in lower income areas to have tax advantages. The purpose of this program is to put capital to work that would otherwise be locked up due to the asset holder's unwillingness to trigger a capital gains tax .

Dec 22, 2017 · Opportunity Zones are economically-distressed communities that may qualify for tax deferment. Get answers to commonly asked questions.

Low income communities and certain contiguous communities qualify as Opportunity Zones if a state, the District of Columbia or a U.S. territory nominated them for that designation and the U.S. Treasury certified that nomination.

Opportunity Zones are tax incentives to encourage those with capital gains to invest in low-income and undercapitalized communities. How do Opportunity Zones Work? The 2017 Tax Cuts and Jobs Act created the Opportunity Zones program—meant to …

Oct 24, 2022 · Opportunity zones generally represent economically distressed communities that are in need of investment and revitalization. Created under the Tax Cuts and Jobs Act of 2017,...

Opportunity Zones, created under the 2017 Tax Cuts and Jobs Act, are a federal economic development tool focused on improving the outcomes of communities across the country, especially in areas that have suffered from disinvestment over many years.

There are 8,764 Opportunity Zones in the United States, many of which have experienced a lack of investment for decades. The Opportunity Zone tax incentive will spur capital investment and economic development in low-income communities.