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Bookmark or Share- What are Opportunity Zones and how do they work?How do Opportunity Zones Work? The 2017 Tax Cuts and Jobs Act created the Opportunity Zones program—meant to spur investment in undercapitalized communities. The program provided three tax benefits for investing unrealized capital gains in Opportunity Zones: Temporary deferral of taxes on previously earned capital gains.
- Opportunity Zones - Home | opportunityzones.hud.govThere 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.
- Opportunity Zones - Map | opportunityzones.hud.govMap of Opportunity Zones. View larger map. Esri, HERE, Garmin, FAO, NOAA, USGS, EPA. 0. 300. 600mi. Interested in your State’s or Territory’s Opportunity Zone strategy? Click here to learn more.
- Opportunity Zones | Internal Revenue ServiceOpportunity 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.
- Opportunity Zones Frequently Asked Questions - Internal Revenue ServiceOpportunity Zones are economically-distressed communities that may qualify for tax deferment. Get answers to commonly asked questions.
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