The state will redraw the federal Opportunity Zone map this summer. Most of our city halls are not yet paying attention.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The federal Opportunity Zones ...

South Main Street in Sheffield, Illinois. The town is part of a 136-square-mile opportunity zone. The One Big Beautiful Bill Act makes the opportunity zone program permanent and also introduces some ...

The investment landscape for tax-advantaged community development is about to undergo its most significant transformation since the original opportunity zones program launched in 2017. The One Big ...

The Tax Cuts and Jobs Act of 2017 designates certain low-income community population census tracts as qualified opportunity zones and creates tax incentives for those with capital gains looking to ...

Guidance issued this week by the IRS provides much-needed clarity for real estate developers, investors, and community leaders on which census tracts will qualify for the federal Opportunity Zone ...

The federal Opportunity Zone program is undergoing a major transition in 2026, leaving businesses only a few more months to prepare for what's ahead. The Opportunity Zone program, introduced during ...

The site of a Chicago hospital that closed in 2008, part of an opportunity zone, is undergoing a $3.8 billion mixed-use redevelopment. (Terrence Antonio James/Chicago Tribune/TNS) Douglas MacArthur ...

If you've passed on OZs before, check out the revised version courtesy of the One Big Beautiful Bill. In signing the One Big Beautiful Bill, President Trump made Opportunity Zones a permanent part of ...