Opportunity Zones is a federal program created by Congress in the Tax Cuts and Jobs Act of 2017 to encourage economic development and job creation in low-income urban and rural communities.
The program provides federal tax reductions for taxpayers who invest unrealized capital gains into specialized “Opportunity Funds” which then make an investment in designated “Opportunity Zones.” The zones themselves are comprised of low-income community census tracts designated by governors in every state.
Learn more about the state's 135 eligible Opportunities Zones and register or view projects and opportunity funds by visiting South Carolina Opportunity Zones.