Opportunity Zones

Environmental Justice
Written By Guest User

Opportunity Zones (OZs) offer investors the ability to defer taxes on capital gains in designated low-income census tracts across the country, making OZ funds a potential incentive to spur economic development and community revitalization. In 2019, the U.S. Environmental Protection Agency (EPA) awarded Brownfields Grants to 149 communities, 108 of which were designed as OZs. This suggests that OZs may inherently have a greater investment risk relative to environmental factors, including Brownfields and Environmental Justice (EJ) issues.

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Data.org: Brownfields Screening Tool