CDFI Fund – Opportunity Zones

The Opportunity Zones program was established by Congress in the Tax Cut and Jobs Act as an innovative approach to spurring long-term private sector investments in low-income urban and rural communities nationwide. New investments in Opportunity Zones can receive preferential tax treatment. The program is based on the bipartisan Investing in Opportunity Act.

On April 9th, 2018, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) announced the first round of Opportunity Zones Designations for 18 States, including the Commonwealth of Kentucky.

Eligibility

Commonwealth Economics has encountered similar federal programs in the past (New Market Tax Credits, EB-5, etc) which encourage economic development, business expansion, and job creation in low-income communities (LICs). With the creation of this program, a substantial amount of needed real estate investment will be made possible in the Commonwealth of Kentucky, which contains 144 LIC Census Tracts designated as Opportunity Zones (see below).

To learn more about Opportunity Zones or other federal tax credit programs, contact us.

Kentucky Qualified Census Tracts

  • 21001970500
  • 21007950200
  • 21007950300
  • 21009950200
  • 21011970200
  • 21013960600
  • 21015070311
  • 21019030200
  • 21019031001
  • 21021930300
  • 21023950100
  • 21025920100
  • 21025920300
  • 21025920500
  • 21025920600
  • 21029020701
  • 21029020800
  • 21031930300
  • 21035010400
  • 21037050500
  • 21039960200
  • 21041950200
  • 21043960100
  • 21045950300
  • 21047200300
  • 21049020106
  • 21051950300
  • 21051950400
  • 21053970202
  • 21057950100
  • 21059000200
  • 21059000300
  • 21061980100
  • 21065920200
  • 21065920300
  • 21067000101
  • 21067000102
  • 21067000200
  • 21067000300
  • 21067000900
  • 21067001100
  • 21067001300
  • 21069920100
  • 21071920100
  • 21073071200
  • 21075960100
  • 21077960101
  • 21081920300
  • 21083020100
  • 21087930200
  • 21089040501
  • 21089040502
  • 21095970100
  • 21099970400
  • 21101020602
  • 21107971100
  • 21109960100
  • 21111000200
  • 21111000600
  • 21111001500
  • 21111001800
  • 21111002300
  • 21111002400
  • 21111002700
  • 21111002800
  • 21111003000
  • 21111003500
  • 21111003700
  • 21111004900
  • 21111005000
  • 21111005100
  • 21111005300
  • 21111005900
  • 21111006200
  • 21111006500
  • 21111007100
  • 21113060504
  • 21115960400
  • 21117060700
  • 21117060900
  • 21117063800
  • 21117067000
  • 21117067100
  • 21119960100
  • 21121930500
  • 21123960102
  • 21131920100
  • 21133950100
  • 21135930300
  • 21137920101
  • 21137920103
  • 21141960500
  • 21145030300
  • 21145030400
  • 21147960300
  • 21151010701
  • 21151010800
  • 21151010903
  • 21153970100
  • 21153970200
  • 21153970400
  • 21159950100
  • 21159950200
  • 21161960100
  • 21165960100
  • 21169960300
  • 21173920200
  • 21173920302
  • 21173920400
  • 21173920500
  • 21175950300
  • 21177960200
  • 21177960400
  • 21181960200
  • 21183920300
  • 21183920500
  • 21187970200
  • 21189930100
  • 21193970500
  • 21193970600
  • 21193971000
  • 21195930100
  • 21195930300
  • 21195930400
  • 21195930500
  • 21195931100
  • 21195931800
  • 21195931900
  • 21197970200
  • 21199930100
  • 21199931102
  • 21201970100
  • 21205950200
  • 21207960102
  • 21213970400
  • 21217920500
  • 21219950300
  • 21225950201
  • 21227010200
  • 21231920400
  • 21233960400
  • 21235920500
  • 21235920600
  • 21237930200