Panaramic View of Downtown Los Angeles from historic Echo Park; by Hal Bergman, iStock by Getty Images

"Every Angeleno should be able to share in the wealth and opportunities our city creates. The Opportunity Zone program can deliver on this promise by spurring economic investment where it’s needed most — from injecting capital in local small businesses to increasing affordable housing."
Mayor Eric Garcetti

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Opportunity Zones label in green circle badgeWhat Are Opportunity Zones?

Opportunity Zones are select census tracts in which businesses, equipment, and real property can receive investment through special funding. They allow investors to receive federal tax incentives by investing their capital gains into select communities known as Opportunity Zones using special investment vehicles called Opportunity Funds.

Opportunity Zones were added to the IRS tax code by the 2017 Tax Cuts and Jobs Act. The City of Los Angeles has 193 Opportunity Zones approved in 13 Council Districts.


layered images of DTLA, subway construction, Mayor Garcetti with YouthSource, and BusinessSource client Ayara ThaiWhy Los Angeles?

For generations, Los Angeles has beckoned to innovators who have helped to build one of the most diverse and forward-thinking cities in history. With global name recognition, LA is known as a place where new ideas and fresh thinking are as much a part of the landscape as our mountains, beaches, and unrivaled weather.

Los Angeles is an ideal place to invest in development, with access to global markets, world-class infrastructure, a highly diversified economy and a broadly skilled labor pool.


Los Angeles at a GlanceLos Angeles City Hall at sunset

Los Angeles has one of the most diverse and dynamic economies in the United States, with established industry clusters ranging from aerospace, entertainment and fashion to biomedical services, consumer products and tourism.

The City of LA also has ownership of key infrastructure assets, leveraged to promote economic development and bolstered by world-class anchor institutions. LA is "the heart" of Southern California, where every form of transportation comes together.



Frequently Asked Questions About Opportunity Zones

Get answers to the most common questions about Opportunity Zones in general and specific to the City of Los Angeles .


2019 City of Los Angeles Opportunity Zone Prospectus (PDF)



City of LA Opportunity Zones Map provided by the LA City Planning Department, ESRI arcGIS tool
LOS ANGELES ECONOMIC INCENTIVE AREAS MAP
provided by the City of Los Angeles Department of City Planning