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Dear {$firstName},
The Tax Cuts and Jobs Act included a new federal incentive—Opportunity Zones—to spur investment in undercapitalized communities. Local areas (defined by census tracts) are eligible for selection as Opportunity Zones if they are Low-Income Communities (LICs) under the high poverty or low median income definitions established for the New Markets Tax Credit program.
Also eligible for selection are census tracts contiguous to LICs if the median family income does not exceed 125 percent of the qualifying tract. Roughly 56 percent of tracts in the US are eligible for selection as Opportunity Zones. Non-Low Income Communities represent no more than 5 percent of tracts selected.
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Find it
Where are the contiguous tracts in your community?
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Map it
Who lives in the contiguous tracts? What families live below the poverty level? What is the median income?
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Ask yourself
Did your community maximize their O-Zones selections? Are the tracts selected, already attracting investments? Are the tracts selected already exhibiting signs of socio-economic change?
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The following Social Explorer map will allow you to visualize the Opportunity Zones in your community while exploring the number of families with income below poverty level and median household income.
Click on the map above to expand your view.
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At Social Explorer we are passionate about helping you understand your community through data. We combine technological innovation with data expertise to efficiently and effectively help you evaluate the strengths and weaknesses of your community.
Start your 14-day free trial today or schedule a one on one demo to see for yourself how Social Explorer can help you answer some of these questions.
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Your friend at Social Explorer,
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Learn more about Social Explorer by visiting our website.
Also feel free to email us if you have any questions. We're happy to help.
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