Since their creation in 2017, Opportunity Zones (or OZs) have channeled billions of dollars into over 8,700 designated census ...

You may have missed it, but tucked discreetly into President George W. Bush's acceptance speech at the Republican Convention was a freshly minted community development proposal to strengthen local ...

On July 4, 2025, President Trump signed H.R. 1—referred to as the “One Big Beautiful Bill Act” (OBBBA)—which permanently renewed and modified the federal Opportunity Zone tax incentive program that ...

A ribbon-cutting at the opening of Peak Drift Brewing in Columbia, S.C., on Jan. 18, 2023. A local developer chose to locate the 65,000-square foot brewery and restaurant in a previously abandoned ...

F or nearly a decade, the federal Opportunity Zone (OZ) program has been a transformative tool for real estate developers, particularly in the multi-family housing sector. With rental demand surging ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The new tax law known as the One Big Beautiful Bill Act ...

If you've passed on OZs before, check out the revised version courtesy of the One Big Beautiful Bill. In signing the One Big Beautiful Bill, President Trump made Opportunity Zones a permanent part of ...

A firefighter walks through the rubble after a wind-driven fire destroyed homes on Nov. 6, 2024, in Camarillo, Calif. (Gina Ferazzi/Los Angeles Times/TNS) Meanwhile, last month’s wildfire disasters in ...

Across the nation, we can expect a scramble among mayors and county executives. They are tasked with responding to the capital-raising opportunities inherent in the revised federal Opportunity Zone ...

Since its launch in 2017, the Opportunity Zone program yielded gains strong enough to propel it into permanence under the One Big Beautiful Bill Act. While the much-discussed “no expiration date” for ...

A key congressional committee is calling for an expansion of the opportunity zone program that would extend its lifespan and allow real estate investors to receive its tax benefits in more areas. The ...

When Opportunity Zones 1.0 was created in 2017, it was with the hope of channelling investments to low-income communities, to create jobs, new housing supply and provide gap financing for startups and ...