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Information on the Opportunity Zone program and how investors and communities can benefit are available on the California Community & Place-Based Solutions (CPBS) website (economicdevelopment.business.ca.gov).
Opportunity Zones are census tracts that are economically-distressed communities where new investments may, under certain conditions, be eligible for preferential federal tax treatment or preferential consideration for federal grants and programs.
Promise Zones are high poverty communities where the federal government partners with local leaders to increase economic activity, improve educational opportunities, leverage private investment, reduce violent crime, enhance public health and address other priorities identified by the community.
Find Opportunity Zones
The state of California has 879 designated Opportunity Zones, including 870 low-income communities plus 8 non-low-income contiguous tracts. The adjacent map shows all Opportunity Zones in California.
Dec 22, 2017 · An Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment.
Map of Opportunity Zones. Interested in your State’s or Territory’s Opportunity Zone strategy? Click here to learn more.
May 26, 2021 · GO-Biz hosts the current Opportunity Zone site and is annually required to convene stakeholders statewide on how California can leverage place-based and other geographically targeted economic development programs, such as Opportunity Zones and Promise Zones.
High poverty communities where the federal government partners with local leaders to increase economic activity, improve educational opportunities, leverage private investment, reduce violent crime, enhance public health and address other priorities identified by the community.
Jun 11, 2019 · You can find Opportunity Zones in California by searching the U.S. Treasury's Opportunity Zone Map. This map allows you to search for Opportunity Zones by state, county, or zip code.
