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Opportunity Zones Resources

Opportunity Zones

The Opportunity Zone incentive offers capital gains tax relief to investors for new investment in designated areas. Investment benefits include deferral of tax on prior gains as late as 2026, if the amount of the gain is invested in a Qualified Opportunity Fund. A Qualified Opportunity Fund is an investment vehicle that is set up as either a partnership or corporation for investing in eligible property that is in a Qualified Opportunity Zone. The benefits also include tax forgiveness on gains on that investment, if the investor holds the investment for at least 10 years.

For more information, navigate to the official Opportunity Zones website by clicking here.

Designated Opportunity Zones in PA-09 Counties (PA-09 municipalities in bold)

COUNTYCENSUS TRACT  MUNICIPALITIES
Berks42011000100Reading
Berks42011000400Reading
Berks42011000900Reading
Berks42011001300Reading
Berks42011002500Reading
Berks42011011200West Reading
Columbia42037050600Berwick Borough
Columbia42037051200Bloomsburg
Lebanon42075000100Lebanon
Lebanon42075000200Lebanon
Luzerne42079200100Wilkes Barre
Luzerne42079215200Wilkes Barre
Luzerne42079217001Hazle Twp.
Luzerne42079217300Hazleton
Luzerne42079217400Hazleton
Luzerne42079217500Hazleton
Montour42093050300Danville
Northumberland  42097081500Shamokin
Northumberland42097082000Sunbury
Schuylkill42107001300Foster, Reilly, Frailey, Twps, and Tremont Borough  
Schuylkill42107002600Tamaqua
Schuylkill42107002700Tamaqua