The new Tax Cuts and Jobs Act, signed into law last December, introduced a brand new designation for low income communities called “Opportunity Zones”. Today, states around the country are scrambling to build lists of qualifying census tracts so that they can benefit from the new designations. The hope is that these zones will see years of new investment in areas that have historically seen decades of disinvestment. The twist? Only 25% of all qualifying census tracts will be chosen. Also, the deadline is March 21.
mySidewalk is working with organizations across the country to identify census tracts and align data with local needs in areas where they can make impactful improvements—before the deadline.