Opportunity Zones (OZs), created by the 2017 Tax Cuts and Jobs Act, offers generous tax incentives for private investors who put money into any of 8,764 census tracts across the U.S., nearly all of them low-income communities. “Their purpose,” as the Internal Revenue Service puts it, “is to spur economic growth and job creation in low-income communities while providing benefits to investors.” The reconciliation bill pending in the House in 2025 would renew and tweak the OZ program.