The Opportunity Zones Program was created by a bipartisan bill in 2017, considered a critical initiative for economic development and fighting poverty by both sides of the aisle.
The Program aims to direct long-term private investment into underserved U.S. markets by providing tax incentives for deploying capital gains into specified census tracts, which helps the zones bring in new investments that improve the neighborhoods.
If you’re interested in learning more about the Program and what it could mean for your community, please explore our resources below. If you live in an opportunity zone and want to provide feedback for investors of changes you’d like to see in your neighborhood, please take our survey here.
Opportunity zones frequently
Check out the IRS’ page on FAQs regarding Opportunity Zones for a basic foundation of how they work.
An Unlikely Group Of Billionaires And Politicians Has Created The Most Unbelievable Tax Break Ever
Find out more about how the idea of opportunity zones came to fruition, as well as who the key players are.
A Big Tax Break for Socially Responsible Investing
Learn about the nuances and novelties of the ideas behind Opportunity Zones and the role social responsibility plays in them.
Tucked Into the Tax Bill, a Plan to Help Distressed America
Learn more about opportunity zones from an earlier NYT piece.