Los Angeles Opportunity Zones: pictured is an eastward facing photo of MacArthur Park and Downtown LA

Los Angeles Opportunity Zones: pictured is a southeast facing photo of the Los Angeles basin towards Downtown LA, taken from the Hollywood Hills



Opportunity Zones label in green circle badgeWhat Are Opportunity Zones?

Opportunity Zones are select census tracts where 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?
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 owns 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.

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






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