WHAT ARE OPPORTUNITY ZONES?

This program uses low-income community census tracts as the basis for determining areas eligible for Opportunity Zone designation. The chief executives of  every U.S. state and territory have 90-120 days from December 22, 2017 to designate up to 25 percent of the total number of low-income census tracts in a state as Opportunity Zones.

Treasury has published procedures for nominating qualified opportunity zones and a mapping tool with eligible census tracts. Explore the map below (or click here) to see which communities are eligibleSome of northwest falls into their map of eligible opportunity zones…all of downtown does.

http://eig.org/opportunityzones