Opportunity Zones 2.0 Census Tract Designation Request For Applications

Opportunity Zones (OZs) are federally designated tracts aimed at spurring investment in undercapitalized communities. The revised OZ program allows for the designation of new Opportunity Zones in 99 census tracts across Washington. Changes include permanent geographic criteria, incentive structures, reporting requirements, and reduced qualified tracts. Applications close May 28, 2026. Eligible tracts may be nominated, and final recommendations are submitted to the U.S. Treasury. The program...