Advantage New Orleans

Opportunity Zones
Opportunity Zones are a new community development program designed to drive much needed investment to communities that are low income, or have lacked critical investment. Established by Congress in the Tax Cuts and Jobs Act of 2017, this new federal capital gains tax incentive program is designed to drive long-term investments to low-income communities. The new law provides a federal tax incentive for investors to re-invest their capital gains into Opportunity Funds, which are specialized vehicles dedicated to investing in designated low-income areas.

Qualified Opportunity Zone Fund Types

  • Qualified Opportunity Zone Partnership Interest
  • Qualified Opportunity Zone Business Property
  • Qualified Opportunity Zone Stock

Opportunity Zone Investment Types

  • Construction & Commercial Real Estate Development
  • Development & Renovation of Existing Property
  • Creation of New Business
  • Expansion of Existing Business

Types of Investments

  • Startups
  • Housing
  • Commercial Developments
  • Innovation Districts
  • Brownfield Redevelopment
  • Energy Assets
  • Main Streets
  • Transit-Oriented Development

Key New Orleans Opportunity Zone Locations

  • Claiborne Corridor
  • New Orleans East
  • Algiers
  • Port of New Orleans – Industrial Canal Warehouses

New Orleans Opportunity Zones

Click here to see the detailed map

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