Division of Small Business
Delaware Opportunity Zones
Building Plans and Ruler


What is an Opportunity Zone?



Opportunity Zones are an economic development tool designed as revitalization programs in economically-distressed communities in Delaware and in other communities by providing tax benefits to investors.

New! Changes at the federal level in the One Big Beautiful Bill Act make the OZ program permanent and now require the OZ program to be updated every 10 years. Governors submit nominations of eligible tracts from a list provided by US Treasury. The next round of designations will begin July 1, 2026. Governor Meyer will have until September 30, to nominate 25 census tracts from that list. In preparation, DSB and the Governor’s office encourage community leaders, developers, financial institutions, property owners, officials, and potential investors to help identify parcels of land and projects that could be important to consider as assets to attract investment from Qualified Opportunity Zone Fund investors. Once the new Opportunity Zones are formally nominated by our Governor and ultimately designated by US Treasury, development and/or redevelopment projects within those census tracts will be eligible for streamlined state permitting (see Executive Order on Resources Tab).

Watch the recording of the March 9, 2026 Opportunity Zone Webinar..

Questions? Email oppzones@delaware.gov.

 





Disclaimer

The information contained in this website is for general information purposes only. The information is provided by the Delaware Division of Small Business and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Through this website you are able to link to other websites which are not under the control of the Division. We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, the Division takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

Stay connected with the latest news on the Division, Delaware businesses, upcoming events and much more.


business@delaware.gov

CONNECT:   Division of Small Business Facebook Page  |  Division of Small Business Instagram Feed  |  Division of Small Business YouTube Feed  |  Division of Small Business LinkedIn Feed

Show state footer menu