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

Disclaimer: The information contained herein is provided without warranty of any kind. The Kentucky Cabinet for Economic Development does not accept any responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information contained on this website. Further, the available projects listed herein may or may not have the necessary characteristics for the Opportunity Zone program. The Kentucky Cabinet for Economic Development encourages each interested Investor to perform its own due diligence to ensure the project complies with the requirements of 26 CFR ยง 1.1400z2(d)- 1, et seq.