Service Description: Opportunity Zones, created by the 2017 Tax Cuts
and Jobs Act, were designed to spur investment in
distressed communities throughout the country
through tax benefits. Under a nomination process
completed in June, 8,761 communities in all 50 states
Service ItemId: b542314de1ae4750947adbf796b57045
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Supported query Formats: JSON
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Description: Opportunity Zones, created by the 2017 Tax Cuts
and Jobs Act, were designed to spur investment in
distressed communities throughout the country
through tax benefits. Under a nomination process
completed in June, 8,761 communities in all 50 states,
the District of Columbia and five U.S. territories
were designated as qualified Opportunity Zones.
Opportunity Zones retain their designation for 10
years. Investors may defer tax on almost any capital
gain up to Dec. 31, 2026 by making an appropriate
investment in a zone, making an election after
December 21, 2017, and meeting other requirements.
Copyright Text: FEMA, US Treasury
Spatial Reference: 102100 (3857)
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Spatial Reference: 102100 (3857)
Full Extent:
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XMax: 20009534.806631
YMax: 11536823.0862102
Spatial Reference: 102100 (3857)
Units: esriMeters
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