A polygon feature class with all population census tracts designated as Qualified Opportunity Zones (QOZs) as well as all population census tracts originally eligible for designation as a QOZ for purposes of 1400Z1 and 1400Z2 of the Internal Revenue Code (the Code). To identify areas designated as Qualified Opportunity Zones (QOZs). An Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment.Updated: Not Planned The data was created using: Projected Coordinate System: WGS_1984_Web_Mercator_Auxiliary_SphereProjection: Mercator_Auxiliary_Sphere

This web map catalogs the community redevelopment agencies within the state of Florida. We have collected approximately 200 CRAs within the state. Additional boundaries will be uploaded as we receive them. If no boundary information is provided or available, a circle will be used to designate the approximate area. This is a work in progress & is not intended to be authoritative in any way. All office location & boundaries are approximate & can be updated, changed, or wholly removed at any time & without notice.

City of Lakeland Opportunity Zones.

This layer is a combination of multiple incentive areas used in the Development Assistance map.The New Markets Tax Credit Program incentivizes community development and economic growth through the use of tax credits that attract private investment to distressed communities. Through the NMTC Program, the CDFI Fund allocates tax credit authority to Community Development Entities (CDEs) through a competitive application process. CDEs are financial intermediaries through which private capital flows from an investor to a qualified business located in a low-income community. CDEs use their authority to offer tax credits to investors in exchange for equity in the CDE. Using the capital from these equity investments, CDEs can make loans and investments to businesses operating in low-income communities on better rates and terms and more flexible features than the market. Derived from 2011-2015 Census Tracts per CDFI Fund CIMS mapping tool."The Opportunity Zones program provides tax incentives, including a temporary deferral on capital gains taxes, when investors reinvest those gains in qualified Opportunity Funds. The funds must in turn invest in low-income communities from designated census tracts, called Opportunity Zones." - Florida Department of Economic Opportunity"The U.S. Department of Housing and Urban Development (HUD) encourages the establishment of a Neighborhood Revitalization Strategy Area (NRSA) as a means to create communities of opportunity in distressed neighborhoods. The goal of this program is to reinvest in human and economic capital, and economically empower low-income residents as part of an overall community revitalization strategy. Comprehensive community revitalization strategies seek to create partnerships among federal and local governments, the private sector, community organizations and neighborhood residents." - City of Fort Myers Florida Neighborhood Revitalization Strategy Areas Plan"The Community Contribution Tax Credit Program provides a financial incentive (up to 50 percent tax credit or sales tax refund) to encourage Florida businesses to make donations toward community development and housing projects for low-income persons." - Florida Department of Economic Opportunity In the project area, the City will acquire vacant lots and partner with non-profit and for profit affordable home builders to construct homes for low income residents. The CCTC program enables the City to continue to revitalize the area by having the ability to solicit donations from eligible businesses. The City will use the donations for acquisition and construction of homes for low income residents.Created 4/27/2018.

This data layer shows census tracts that are designated as Geographic Areas of Opportunity by Florida Housing Finance Corporation (Florida Housing). Geographic Areas of Opportunity are census tracts with high indicators of community wellbeing. The designations were developed using three threshold criteria:Tract median income greater than the 40th percentile of all census tracts within the county;Educational attainment above the median of all tracts in the county, measured as the proportion of adults over 25 years old who have completed at least some college; andTract employment rate greater than the statewide employment rate.