Opportunity Zone tax benefits, capital gains shelter in 'low-income' areas
Enacted5/10
Federal · Tax Cuts and Jobs Act, Pub. L. 115-97 ยง 13823 · Dec 22, 2017
Impact 5/10
Allows investors to defer and partially eliminate capital gains taxes by investing in designated Opportunity Zones. CBO estimates cost at $9B over 10 years. Critics document the program has primarily financed luxury real estate in gentrifying neighborhoods rather than improving conditions for existing residents.
TaxesSafety net & benefitsWorking-age adultsHigh-income
Sources
โ Verified against primary sources 2026-08-16