Opportunity Zones

The Tax Cuts and Jobs Act included a new federal incentive—Opportunity Zones—to spur investment in low-income and undercapitalized communities. Governors (and the mayor of the District of Columbia) have now selected zones, and investors, businesses, state and local governments, and philanthropy are figuring out how to turn this concept into investable deals.

The Opportunity Zone program could become the nation’s largest economic development tool, but its breadth creates both opportunities and challenges for community developers and their partners. How can the program be implemented to live up to its potential?

Read the report
Did States Maximize Their Opportunity Zone Selections? Analysis of the Opportunity Zone Designations

Access the data
Download tract-level data on all Opportunity Zones
Download state-by-state analysis

Blog posts
The IRS Proposes Generous Rules For Opportunity Zone Investors But What Will They Mean For Communities?
Opportunity Zones May Create More Opportunities for Investors and Syndicators Than Distressed Communities
Did governors target Opportunity Zones to disinvested communities?
Are Opportunity Zones in the Greater DC area targeted to communities in need of investment?
Assessing Governor Brown’s selections for Opportunity Zones in the Bay Area
Why Opportunity Zones are important for Indian Country
A little-publicized incentive in the new tax law could become America’s largest economic development program

Workshop: How Can Opportunity Zones Drive Capital and Investment in Under-Resourced Neighborhoods?

If you have questions or would like more information on Opportunity Zones, contact us at opportunityzones@urban.org.

Photo by Andrew Borgen/Flickr