Learn more about this new economic and community development program.
Federal Opportunity Zones are a new community and economic development tool that aims to drive long-term private investment into low-income communities throughout the country. The City of Atlanta has 26 Opportunity Zones and is seeking to leverage the program as an important tool to support the development of jobs, affordable housing and economic vitality.
City of Atlanta Opportunity Zone Prospectus Download
Projects and Investment Opportunites Website CLICK LINK
To find eligible Opportunity Zones in the City of Atlanta please use the map below:
The City of Atlanta's Vision for the Federal Opportunity Zone Program
As the first federal community and economic development tool since the launch of the New Markets Tax Credits program, this initiative presents the City of Atlanta with an opportunity to drive long-term private investment into low-income communities. The City of Atlanta is poised to use this tax incentive to make an impact on 26 of our most underserved and disinvested neighborhoods.
Invest Atlanta is committed to working with our economic development partners in the region—including The Arthur M. Blank Family Foundation, Central Atlanta Progress, Metro Atlanta Chamber, Georgia Power, the Community Foundation for Greater Atlanta, and the Atlanta Regional Commission—to ensure that the Federal Opportunity Zones program strengthens our businesses and communities.
The program was established by Congress in the Tax Cuts and Jobs Act of 2017 and encourages investors with recently realized capital gains to invest in local businesses, real estate, or development projects in exchange for a reduction in their tax obligations.
Invest Atlanta has issued a Request for Qualifications (RFQ) for Opportunity Funds interested in considering investments in Atlanta’s Federal Opportunity Zones. We are seeking Opportunity Funds who want to be Social Impact Project Partners to make investments that will address high priority public policy needs such as affordable housing, healthy foods access, and living wage job creation.