Parent Layer: Incentives & Special Areas

Name: Opportunity Zones

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Description: Opportunity Zones are part of an economic development program established by Congress in the Tax Cuts and Jobs Act of 2017. It encourages long-term investments in low-income urban and rural communities nationwide. The Opportunity Zones program provides a tax incentive for investors to re-invest their unrealized capital gains into Opportunity Funds; funds that are dedicated to investing in state-designated Opportunity Zones.

Copyright Text: Planning & Development Point of Contact : Isaac Robles Economic Development Economic Development Specialist isaac.robles@fortworthtexas.gov 1150 South Freeway Suite 106

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