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Bookmark or Share- 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.
- What are Opportunity Zones and how do they work?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 spur investment in undercapitalized communities.
- Opportunity Zones | U.S. Economic Development AdministrationOpportunity 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.
- Opportunity Zones | U.S. Economic Development AdministrationAn Opportunity Zone is an economically-distressed community where private investments, under certain conditions, may be eligible for capital gain tax incentives.
- 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.
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