Opportunity Zones

“Opportunity Zones” is a new tax incentive, created through the Tax Cuts and Jobs Act of 2017, to encourage long-term investments in low-income communities across the United States—including Indian Country. There are 8,764 Opportunity Zones in the United States, with approximately 3,500 located in rural zip codes—many of which have experienced a lack of investment for decades. The Opportunity Zones initiative is not a top-down government program, but an incentive to spur private and public investment in America’s underserved communities. Opportunity Zones provide an incentive for investors to receive a tax deferral by re-investing their unrealized capital gains into what are known as Opportunity Funds.