Economic Opportunity Zones

Economic Opportunity Zones are designated areas in the U.S. where investments are encouraged to promote economic growth and development. The government offers incentives—such as tax breaks—to individuals and businesses that invest in or establish projects within these zones. The goal is to attract capital to underserved communities, creating jobs and revitalizing neighborhoods. These zones aim to balance economic development with community needs, providing both financial benefits for investors and positive impacts for local residents.