February 27, 2018

CDFI Fund: Revised Opportunity Zones Resource Data Now Available

The U.S. Department of the Treasury has released revised information concerning census tracts that are eligible for nomination as Qualified Opportunity Zones (QOZs).

Specifically, data in the Opportunity Zones Information Resource has been updated from information provided in a February 8, 2018, release to include all census tracts that meet the New Markets Tax Credit Program (NMTC) Low-Income Community definition and additional contiguous census tracts eligible for designation as a QOZ.

The revised list of census tracts eligible for designation as a QOZ can be found on the Opportunity Zones Resources webpage, with the following resources:

In addition, the Internal Revenue Service (IRS) is currently working on guidance related to the certification of Qualified Opportunity Funds and eligible investments in QOZs and welcomes comments. Please send any comments to:

Internal Revenue Service
Attn: Scott Dinwiddie, Associate Chief Counsel (Income Tax and Accounting)
Room 4500
P.O. Box 7604
Ben Franklin Station
Washington, DC 20044

This post was originally published here.