11/10/2026 | Press release | Distributed by Public on 11/10/2026 14:48
Governor Ron DeSantis nominated 15 Palm Beach County census tracts for designation under the federal Opportunity Zones 2.0 program. The U.S. Department of the Treasury and the Internal Revenue Service announced the final designations on November 5, 2026. The designations take effect January 1, 2027.
Fourteen of the 15 designated tracts were among the 20 recommended by the Palm Beach County Board of County Commissioners in March 2026. The County's Department of Housing and Economic Development worked with municipalities, the Business Development Board of Palm Beach County and other community partners to identify areas where private investment could support economic development, redevelopment, housing and job creation.
The federal Opportunity Zones program encourages long-term private investment in designated communities by offering tax incentives to eligible investors who invest through Qualified Opportunity Funds.
The designated Palm Beach County census tracts are 14.02, 15.00, 16.00, 24.00, 38.02, 40.07, 40.09, 45.00, 48.19, 52.03, 52.04, 61.00, 80.02, 83.01 and 83.02.
The federal government's official list and map of designated Opportunity Zones are available through the U.S. Treasury's Community Development Financial Institutions Fund.
For more information, contact Meri Weymer at 561-233.3675 or [email protected].