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High-stakes redraw of ‘opportunity zones’ stokes competition

Thousands of communities vie for fewer designations
The U.S. Treasury has identified 25,332 eligible tracts nationwide for the next round of “opportunity zones,” but it expects to designate only about 6,500. (Getty Images)
The U.S. Treasury has identified 25,332 eligible tracts nationwide for the next round of “opportunity zones,” but it expects to designate only about 6,500. (Getty Images)
CoStar News
August 9, 2026 | 8:38 P.M.

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Thousands of U.S. communities are competing for a shrinking number of federal “opportunity zone” designations under a revamped program that offers tax incentives to encourage investment in low-income and economically distressed neighborhoods.

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