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Opportunity Zones 1.0 & 2.0

Published by Office of the Deputy Mayor for Planning and Economic Development | District of Columbia | Catalog Last Checked: August 11, 2026 at 09:29 PM | Dataset Last Updated: August 10, 2026 at 04:18 PM
Created in the Tax Cuts and Jobs Act of 2017, Opportunity Zones is a new federal program that provides tax incentives for investments in new businesses and commercial projects in low-income communities. On April 2018, Mayor Bowser nominated 25 census tracts to be Opportunity Zones. The U.S. Department of Treasury certified these tracts on May 18, 2018.In 2025, The One Big Beautiful Bill Act established Opportunity Zones as a permanent fixture in the US Internal Revenue Code and created a new iteration of the incentive program beginning in 2027. In September 2026, DC will nominate 25 census tracts for Opportunity Zones 2.0.

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