Overview
The City of Dallas is home to 15 federally-designated Opportunity Zones. Opportunity Zones (OZ) can drive capital to support new businesses and investments in the targeted census tracts by providing Opportunity Zone investors with a deferral of capital gains taxes, among other tax benefits. Unlike other incentive programs, there are no monetary caps on Opportunity Zones investments, making the program flexible and scalable to meet market needs. All investments made to qualify for favorable tax treatment in the Opportunity Zone must be made by an Opportunity Zone fund that has been certified by the U.S. Department of Treasury.