For more information, please contact:

Mark Cassidy, Economic Development & Regional Evacuation Planning | mcassidy@sfrpc.com

WHAT IS AN OPPORTUNITY ZONE?

An Opportunity Zone is an economically distressed community where private investments, under certain conditions, may be eligible for capital gain tax incentives. Opportunity Zones were created under the 2017 Tax Cuts and Jobs Act, signed into law by President Donald J. Trump on December 22, 2017, to stimulate economic development and job creation, by incentivizing long- term investments in low-income neighborhoods. (Source: eda.gov/opportunity-zones/)

The South Florida region contains 98 Qualified Opportunity Zones, with 30 in Broward County, 67 in Miami-Dade County, and 1 in Monroe County. Investors can defer tax payment on any prior gains invested in a Qualified Opportunity Fund (QOF) until the earlier of the date on which the investment in a QOF is sold or exchanged or until December 31, 2026.

BEST PRACTICES & RESOURCES
ADDITIONAL INCENTIVES

The South Florida Regional Planning Council has compiled a set of resources related to Opportunity Zones in the region:

THE BASICS

ADDITIONAL RESOURCES

OPPORTUNITY ZONE RESOURCES FOR COUNTIES & MUNICIPALITIES

BROWARD COUNTY
BROWARD COUNTY

The SFRPC will continue to compile information or update this site as additional information becomes available. If you have any resources that you would like to suggest be shared on the SFRPC website, please contact mcassidy@sfrpc.com.