About the Opportunity Zone Program

The Opportunity Zone is an economically-distressed area where new investments may be eligible for preferential tax treatment.

The Opportunity Zone program was created as part of the Tax Cuts and Jobs Act of 2017 and is a new tax incentive intended to help distressed urban and rural communities in the State of Missouri and across the country. Opportunity Zones are low-income census tracts selected by each state’s governor and confirmed by the U.S. Department of Treasury.

The aim of Opportunity Zones is to improve economic outcomes of these distressed communities by incentivizing investors through the temporary deferral of capital gains taxes.

Individuals and corporations with capital gains can reinvest these gains in investment funds that will focus investments within Qualified Opportunity Zones to receive these tax benefits. Investment decisions are made solely at the discretion of the investors.  These investments will focus primarily on new income-generating real estate projects (multi-family and commercial properties) and start-up businesses.