OZ Roadmap – Navigating the New Lines of the 2020 Census Tracts

March 25, 2021

Since the new 2020 census tracts were released, OZ investors have wondered if they will affect current and future OZ boundaries.  The short answer is – we don’t know yet.  For more information on what to expect and when we can expect clarification please see the article below from opportunityzone.com:
If you’re interested in seeing changes to the boundaries from the 2020 census refer to the Novogradac Opportunity Zone map found here:

 

Ashley Dillard, CCIM

Senior Director

Ashley has an extensive knowledge of the Chicago commercial real estate market. After graduating from University of Kansas with a degree in architectural studies, she worked in Kansas City as a commercial leasing agent at a 2.1 million square foot office park. While working for an institutional owner, she learned valuable skills such as client reporting, communication and accountability.

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Opportunity Zones By The Numbers

8,764 CENSUS TRACTS

The total number of census tracts certified as Opportunity Zones by the U.S. Treasury.

$6.1 TRILLION

Potential unrealized capital gains eligible for Qualified Opportunity Fund investment and tax treatment.

$100 BILLION

Treasury Secretary Steven Mnuchin’s estimate of private capital that will flow into Opportunity Zones.