Opportunity Zones were enacted into federal law through the Tax Cuts and Jobs Act of 2017 to spur private investment in distressed communities across the United States. The program provides a federal tax incentive for investors, who invest in real estate projects and operating businesses located in designated low-income communities through deferral and partial tax reductions of reinvested capital gains, and forgiveness of tax on new capital gains.
Westmoreland County is committed to taking full advantage of Opportunity Zones and is proactively working with investors, developers, businesses, communities, and other stakeholders to provide information and coordination assistance.
Designated Tracts in Westmoreland County
Jeannette and Penn
Hempfield Twp; Adamsburg
To see a specific site or building located in a Westmoreland County Opportunity Zone, click here.