Opportunity Zones are 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.
There are 135 eligible “Opportunity Zones” in South Carolina.
Nephron Pharmaceuticals utilizes Opportunity Fund in its recent Lexington County expansion.View Official Release
Learn more about the benefits to investors and communities through the OZ program.View Benefits
Learn more about resources and available programs available to communities as they position themselves for Opportunity Zone projects.Community Support
Mapping and data tools are available to aid in identifying census tracts for Opportunity Zones - click on a tract below to find more.
Highlighted tracts were approved by the U.S. Department of Treasury.
* This address locator is provided as a service to help potential investors determine the likelihood that a particular address falls within an Opportunity Zone. It is not meant to provide a definitive judgement on the qualification of a particular address and should not be used as such. It is advised that all prospective participants in the Opportunity Zone program consult the County of record for a more detailed analysis of the parcel in question as well as evaluate the regulations put forth by the U.S. Department of the Treasury.