Recent News

Thursday, February 20, 2020

Legislation introduced in the Connecticut General Assembly would expand the state’s workforce housing tax credit program to include properties in opportunity zones (OZs) and would change definitions for workforce housing in other parts of the state.

Thursday, February 20, 2020

A bill to conform Wisconsin’s tax code to the federal Internal Revenue Code concerning opportunity zones (OZs) and to double the exclusion for capital gains invested in Wisconsin-based OZs passed the state Senate and is on the desk of Gov. Tony Evers.

Wednesday, February 12, 2020

A bill introduced in the Utah House of Representatives would create a tax credit for building eligible parking structures in opportunity zones (OZs) and make affordable housing in OZs eligible for state programs. H.B. 299 would create a nonrefundable tax credit for 25 percent of eligible construction costs paid for an eligible parking structure in an OZ.

Tuesday, February 11, 2020

Illinois legislation would create a 10 percent state tax credit for investments in qualified opportunity funds that invest in the state’s opportunity zones. H.B. 4761 would create the credit for tax years beginning on or after Dec. 31, 2020, with a cap of $50 million for each two-year fiscal period. There would be a taxpayer cap of $1 million and the credit could be carried forward five years.

Friday, February 7, 2020

The White House Opportunity and Revitalization Council today publicly released its report to President Donald Trump, highlighting its achievements and calling for legislation to measure and report the impact of opportunity zones (OZs).

Novogradac Opportunity Zones Mapping Tool
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Find opportunity zones by zip code, census tract, and more.
Opportunity Zones Working Group
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The Opportunity Zones Working Group suggests consensus solutions to technical Opportunity Zones incentive issues.
Opportunity Funds Listing
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A listing of funds formed to invest in opportunity zones.
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