White House Updates List of Federal Programs with Opportunity Zone Preference
The White House Opportunity and Revitalization Council has identified numerous federal programs for which Opportunity Zone preference can be made available. As of April 30th, 2020, over 270 action items have been completed to integrate Opportunity Zones into federal agencies and programs. For the updated list of federal programs and completed actions, click here.
Opportunity Zones are federally certified census tracts in low-income areas that provide tax incentives for capital investment. These zones are intended to spur investment in under-served communities, both urban and rural. The White House Opportunity and Revitalization Council was created to help coordinate resources that can be used in Opportunity Zones and other economically disadvantaged communities. Below is a map of the Opportunity Zones that overlap with the IndyEast Promise Zone geography.