Opportunity Zones

Opportunity Zones in Lowndes County

  • The Opportunity Zones tax incentive was established by Congress in the 2017 Tax Cut and Jobs Act.
  • The program provides an Innovative approach to spur long-term private sector investments in low-income urban and rural communities nationwide. This economic development initiative is based on the bipartisan Investing in Opportunities Act.
  • It offers a frictionless way to reinvest capital gains into distressed communities through
    Opportunity Funds, in exchange for a graduated series of incentives tied to long-term
    holdings.
  • This program is the first new national community investment program in over 15 years, and has the potential to be the largest economic development program in the U.S.