Opportunity Zones

DC Releases Update on Opportunity Zones, Requests Deadline Extension

The Bowser Administration shared feedback received from a web-based survey regarding where to locate Opportunity Zones, a new designation that provides tax incentives to encourage investment in low-income areas.

congress-capitol

Secretary Carson Pivots to Opportunity Zones in Budget Hearing

Opportunity Zones will provide a resource similar to the gap funding from the HOME program but “on steroids”, explains Carson.

Treasury

Treasury Expands Opportunity Zone Eligibility in Revision

Data in the Opportunity Zones Information Resource has been updated from information provided in a February 8, 2018, release to include all census tracts that meet the New Markets Tax Credit Program (NMTC) Low-Income Community definition and additional contiguous census tracts eligible for designation as a QOZ.

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