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What is an Opportunity Zone?

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Opportunity Zones, created as a result of the Federal Tax Cuts and Jobs Act of 2017, are designed to encourage long-term investments in designated portions of a community.  Tax incentives are provided to investors who re-invest their unrealized capital gains into one of the designated zones.

 Map of the zone, OZmap.

For more information please visit the Opportunity Zone page on the Department of Housing and Community Development Website. There you will find press releases, technical assistance and resources.