Treasury Names 6,576 New Opportunity Zones, 2,594 in Rural America

The Treasury Department and IRS on Thursday announced 6,576 new Opportunity Zones across all 50 states, the territories and Washington, D.C., Fox Business reported.

Of those, 2,594 are in rural communities that qualify for enhanced tax incentives. The designations take effect Jan. 1, 2027, and last 10 years.

States, territories and D.C. nominated tracts starting July 1. Treasury and the IRS had identified 25,332 eligible census tracts, 8,334 of them rural; the final list covers about a quarter of them.

The program was created in the 2017 tax law and made permanent under what the administration calls the Working Families Tax Cuts. Treasury says it has generated more than $110 billion in private investment since it began. Treasury Secretary Scott Bessent said those tax cuts “permanently renewed and strengthened Opportunity Zones.”

Treasury has published the full list and a map, with poverty-rate and median-family-income data for every tract.