Opportunity Zones

Opportunity Zones

The Opportunity Zones incentive is a new community investment tool established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide. Opportunity Zones provide a tax incentive for investors to re-invest their unrealized capital gains into dedicated Opportunity Funds. Read more below about how the Opportunity Zones incentive works, as well as its history and community of supporters.

CDVCA is a current member of the Opportunity Zones Steering Group Coalition.

Further information regarding Opportunity Zones can be found on:

OZ Activity Map

IRS Website

https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions

Economic Innovation Group Website

Opportunity Zones