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Treasury Extends Opportunity Zone Incentives | US News

The U.S. Treasury just made a major move by permanently renewing tax incentives for Qualified Opportunity Zones—designated areas in need of economic revival where investors get breaks for pouring capital into struggling communities. Launched in 2017 under the Tax Cuts and Jobs Act, this long-term strategy aims to spark sustained growth, create jobs, and unlock potential in overlooked neighborhoods. Governors can now nominate new zones via an online tool, with designations rolling out every ten years starting January 2027—offering a powerful shot in the arm for communities waiting for…

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