Opportunity Zones in California

The Tax Cuts and Jobs Act of 2017 established Opportunity Zones as a mechanism to provide tax incentives for investment in designated census tracts. Investments made by individuals through special funds in these zones would be allowed to defer or eliminate federal taxes on capital gains.

Resources

  • The California Government Operations Agency (GovOps) has established an Opportunity Zone web portal (www.opzones.ca.gov) with program details and how investors and communities can benefit.
  • The U.S. Department of the Treasury maintains a resource site (www.cdfifund.gov) for Opportunity Zones.

Mapping Tools

  • Determine if a property address is located within the boundaries of an Opportunity Zone by using the U.S. Department of Treasury CDFI Fund's Community Information Mapping System (www.cims.cdfifund.gov).
  • GovOps has produced an interactive map (www.opzones.ca.gov/oz-map/) containing integrated Opportunity Zones, along with Caltrans transportation projects, Air Resources Board low carbon projects and High Speed rail investments within OZ boundaries.

Documents

  • Click here for an Excel workbook containing a list of the designated tracts for California.
  • Click here to download a large, non-interactive map (28 inches x 40 inches) of the designated tracts for California.
  • Click here to download a shapefile for the designated opportunity zone tracts. (Note: you must have ArcGIS, QGIS or some other GIS software to view these files.)
  • Click here to download a kml file for the designated opportunity zones tracts that can be viewed in Google Earth.
Department of Finance Seal
Governor Gavin Newsom
Finance Director Keely Bosler
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