Opportunity Zones

Each Governor is authorized to designate 25% of the eligible census tracts1 as Opportunity Zones in their state. In Minnesota, this means the Governor can designate 1282 census tracts as Opportunity Zones out of an eligible 509 low-income census tracts. The Governor also has the option of including up to 5% of census tracts that are contiguous with an eligible census tract but are not themselves low-income tracts3. In Minnesota, the Governor could designate up to 74 tracts as contiguous out of the state’s 128 designated Opportunity Zones.