About Kentucky Opportunity Zones

A Kentucky Opportunity Zone is a low income U.S. Census tract that encourages individuals and corporations to invest in a variety of economic development projects through “Opportunity Funds”.

These areas in Kentucky – both urban and rural – have been classified as low-income or undeveloped. In fact, over half the communities eligible for designation as Opportunity Zones had fewer jobs and fewer businesses in 2015 than in 2000.

Opportunity zones were created by Congress to encourage long-term investments in low income urban and rural communities nationwide.

In Kentucky, 144 sites in 84 counties have been designated as Opportunity Zones. Learn more about the benefits of Opportunity Zones below.

KYOZ FAQs Tax Benefits Regulations