Opportunity Zone
Opportunity Zones are qualified census tracts across the United States where investors can receive tax-advantaged treatment for qualifying investments (referred to as Opportunity Funds) into real estate and other assets.
Opportunity Zones were established as part of the Investing in Opportunity Act, a component of the late-2017 tax reform bill. There are over 8,700 qualified Opportunity Zones across that country that were nominated by state governors and ratified by the U.S. Department of Treasury. For more on Opportunity Zones, Opportunity Funds, and the attendant tax benefits, please visit our Opportunity Zones Resource Page.