Created by the Tax Cuts and Jobs Act of 2017, the Opportunity Zone Program provides incentives to investors who invest capital gains into designated Qualified Opportunity Zones.

Qualified Opportunity Zones are comprised of low-income census tracts selected by the governor. These tracts each exhibit their respective candidacy as focal points by evincing a range of socioeconomic needs in greater proportionality than all others considered. The U.S. Department of Treasury, in coordination with the selections, certifies these zones across all U.S. territories, amounting to 8,766 census tracts. There is a diverse dispersal of geographic zones that provide a lucid landscape of areas for development and expansion, bridging the gap of the possibility for investment to the viability of the outcome.

Opportunity Zones serve as a catalyst for the development of target communities which have been designated as areas of valued prospects. Investing in Opportunity Zones, therefore, allows investors to utilize capital gains tax incentives offered through Qualified Opportunity Funds, the medium through which investment in Qualified Opportunity Zones occurs.