The Opportunity Zones incentive is a new community investment tool established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide. Opportunity Zones provide a tax incentive for investors to re-invest their unrealized capital gains into dedicated Opportunity Funds.
Learn more about how the Opportunity Zone incentive works. Read the Empire State Development March 2019 presentation, and this flyer and glossary of terms from Ferrandino and Associates.
Opportunity Zone Updates
Opportunity Zone Update June 2021
Opportunity Zone Roundtable from 07/08/2021
Watch Recording Here
Press Release from Westchester County Executive
Search areas in Westchester County designated as Opportunity Zones.
Get more information from the U.S Department of Treasury Opportunity Zone Guidance.