Treasury Releases Updated Information on Census Tracts Eligible to be Opportunity Zones

Tuesday, February 27, 2018 - 9:45am

The Treasury Department today released updated information about census tracts eligible for nomination as qualified Opportunity Zones. The areas include all census tracts that meet the New Markets Tax Credit (NMTC) program definition and additional contiguous census tracts eligible for designation as qualified Opportunity Zones. Governors must designate Opportunity Zones in their state by March 21, making those areas eligible for incentives for investors. This week’s Tax Credit Tuesday podcast explains the Opportunity Zone program in more depth.