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.
Governor John Carney selected 25 census tracts as Opportunity Zones in April 2018 in which communities and economically-distressed properties across Delaware could see additional private sector investment. These Opportunity Zones are designated by the U.S. Department of the Treasury.
The 25 Opportunity Zones in Delaware are found in specific census districts in the following towns and cities, from the top of the State of Delaware (located less than 15 miles from the Philadelphia International Airport-PHL) to the bottom (located 20 miles from Salisbury Regional Airport – SBY). The cities and towns are listed in alphabetical order below.
97,254 – Total Population Living in Delaware’s 25 Opportunity Zones
47% – Percent of residents from minority backgrounds in the 25 Opportunity Zones
20 – Number of Brownfield Redevelopment sites in the 25 Opportunity Zones
11 – Number of Opportunity Zones that include Downtown Development Districts (DDD) incentive
Related Topics: Claymont, Delaware Opportunity Zones, Dover, Georgetown, Invest in Delaware, Investment Map, Investment Opportunities in Delaware, Laurel, Milford, Newark, Opportunity Zones, opportunity zones delaware, Revitalization, Seaford, Smryna, Tax Cuts, What is an Opportunity Zone, Wilmington
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