- ποΈ One-third of zones now classified as βruralβ β unlocking new perks from recent federal legislation.
- πΈ Investment threshold lowered: Investors only need to improve properties by 50% (down from 100%).
- π 30-month window to make improvements.
- π New benefits include a 30% step-up for investments in Qualified Rural Opportunity Funds.
- ποΈ Rural zones may attract data center development due to available space.
- ποΈ New program launches Jan 1, 2027 β governors must nominate zones by July 1.
- π Fewer zones expected: ~6,500 vs. 8,764 in the original program.
- π More transparency and reporting required in the revamped version.
Source: Opportunity Zone program changes: Rural areas get new perks – Boston Business Journal