The Opportunity Zones program provides a tax incentive for investors to re-invest their unrealized capital gains into Opportunity Funds that are dedicated to investing into Opportunity Zones designated by the chief executives of every U.S. state and territory.

Opportunity zones are designated, generally low-income, areas where individuals will receive tax incentives to invest. These incentives include: A temporary tax deferral for capital reinvested in an opportunity fund. A step-up basis for capital gains reinvested in an opportunity fund.