OPPORTUNITY ZONES 2.0

REAL ESTATE INVESTMENTS

Easy way to invest in high potential properties with
unprecedented tax advantages.

SOCIAL IMPACT EQUITY INVESTMENTS

Triple Bottom Line investment opportunities such as organic farms,
fintech, alternative energy and other innovative ideas
that are changing our world for the better.

BUSINESS EQUITY INVESTMENTS

Dozens of businesses in the Emerald Coast Opportunity
Zone are looking for business investors

OPPORTUNITY ZONE 2.0

Washington currently has 139 designated Opportunity Zones established in 2018 and is active through December 31, 2028. A revised program is being rolled out, designating new opportunity zones, referred to as Opportunity Zones 2.0

The federal Opportunity Zones program has been made permanent, with the Governor required to submit a new list of designated zones to the U.S. Department of the Treasury by July 2026. All existing zones must be redesignated in accordance with updated federal eligibility criteria. The new 10-year designation period will run from January 1, 2027, through December 31, 2036.

Clallam County EDC will be applying for the following census tracts in Clallam County: 53009000700, 53009000900, and 53009002400.

EDC Team Jefferson is applying for the 53031950603 and 53031950702 census tracts.

Are you planning to invest in Clallam or Jefferson County within the next 10 years? If so, reach out to us so we can include your plans in our applications!

Washington Opportunity Zones 2.0 Interactive Map

RECENT NEWS

The exact timing of Washington’s OZ selection process depends on the U.S. Treasury’s release of the official list of eligible low-income tracts. Below you will find a tentative timeline for Washington state’s activities related to the selection process:

January-February 2026: Commerce hosted community meetings and educational webinars to inform communities and encourage local feedback on OZ 2.0 census tract designation criteria
April 6: U.S. Treasury released the official list of OZ-eligible census tracts
April 28: Application window opens
May 28: Application window closes
January 1, 2027: New OZs made official

Resources

WA State Department of Commerce - Treasury issues final guidance on OZ-eligible census tracts

On Monday, April 6, the U.S. Treasury issued its determination of population census tracts eligible to be designated as opportunity zones (OZs). Commerce updated the Washington OZ 2.0-eligible census tract GIS map to reflect the final guidance, with minimal change.

This map includes the OZ-eligible tracts that may be nominated by state governors (aka, state CEOs) to be designated as OZs, beginning January 1, 2027. The federal government is responsible for establishing this eligibility criteria and any associated guidance. From that, each state designates up to 25% of eligible census tracts as opportunity zones. To learn more visit the Washington Opportunity Zones 2.0 program landing page.

Economic Innovation Group - OZs 2.0 Resources

Stay up to date on Opportunity Zones 2.0 with Economic Innovation Group’s centralized resource hub. This page brings together the updated eligibility map, our latest OZs 2.0 analysis, guidance for state and local policymakers, and more. Everything you need to understand the policy, its implications, and what comes next is collected here.