***UPDATED June 14, 2018***
***PUBLIC COMMENT PERIOD CLOSED***
About the Program
The Opportunity Zones program was enacted to encourage investment in low-income communities. Created as part of the 2017 federal tax reform package (Tax Cuts and Jobs Act), the program affords Governor Sandoval the ability to nominate up to 61 census tracts in Nevada to be part of an "Opportunity Zone." These census tracts must meet certain criteria in order to be eligible; primarily, they must be low-income communities.
Being part of an Opportunity Zone provides a tax incentive for investors to reinvest unrealized capital gains into low-income urban and rural communities. Many believe this program has significant potential to encourage the private investment of billions of dollars in low-income communities across the United States - it's important we get this right!
How to Help
Please submit public comment using the form at the bottom of this page or bit.ly/NVOppZones. We will accept public comment until Wednesday, April 18 at noon. For general inquiries, please email OppZones@diversifynevada.com.
- 61 total tracts may be nominated by the Governor
- Only 4 of the 61 tracts can be "contiguously nominated" tracts
- Public comment will be taken until noon on Wednesday, April 18, 2018
- Nominations must be made by Governor Sandoval no later than April 20, 2018
- Once certified by the Secretary of Treasury, an Opportunity Zone designation lasts until December 31, 2026.
Below is a map of eligible tracts in Nevada, with information collected from local governments and entities as of April 3.
After being vetted by GOED, additional information submitted online through the form at the bottom of this page will be added regularly.
The Social Need Index shown in the mapping tool is based on the methodology outlined by the Governance Project.
The Investment Score shown in the mapping tool is based on the methodology outlined by the Urban Institute.