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The Opportunity Zone program has been modified substantially from its first to second iteration. Join experts from Accelerate Indiana Municipalities and the National Community Reinvestment Coalition to learn about the opportunities for local governments and community economic development organizations to partner on OZ 2.0 nominations to maximize this opportunity for low-to-moderate income Hoosiers.
Opportunity Zones 2.0 (OZ 2.0) is an updated federal investment incentive program created under the 2025 One Big Beautiful Bill Act (OBBBA). It provides tax benefits to encourage private investment in low-income census tracts. OZ 1.0 resulted in over $100 billion in capital investment, which primarily went to market-rate housing developments. Some of the key changes from the original program are that:
This is a once-in-a-decade opportunity to shape where private investment flows in your community. The designation process is competitive — and time is short.
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