Opportunity Zones offer a new economic development tool that promotes investment in distressed census tracts through legislation enacted by the Federal Tax Cuts and Jobs Act of 2017. There are over 8,700 census tracts across the United States that have been designated as Opportunity Zones by the U.S. Department of Treasury, incentivizing investments in business growth, housing improvements, and infrastructure, and Richmond is fortunate to have two.
Learn more about Richmond and our Opportunity Zones through an interactive webpage that provides area context, data, and projects. Site includes:
- Opportunity Zone Map & Dashboard: Features important information about Richmond's two Opportunity Zones including census track data.
- Opportunity in the Zone: Features deal-flow details within Richmond's Opportunity Zones