On April 18, 2018 Governor Herbert submitted Utah’s recommended Opportunity Zones to the U.S. Department of the Treasury for final approval | View Governor Herbert's letter
create avenues to spur development and economic growth in areas determined by
the US census as “low-income communities.” Designated Opportunity Zones incentivize
private sector investments in housing and economic development by providing tax
incentives for the developments.
The program was
established by Congress in the 2017 Tax Cut and Jobs Act with the input of Utah philanthropist Jim Sorenson and the Sorenson Impact Center . The Act enables Utah
Governor Gary Herbert to designate up to 25 percent of the low-income census
tracts across Utah as qualified “Opportunity Zones”.
More information on Opportunity Zones can be found on the US
Salt Lake County was asked to recommend 16 eligible areas (25
percent of the total eligible areas in Salt Lake County) to be designated Opportunity
Zones. Salt Lake County must submit the recommendations to the regional
planning organization Wasatch Front Regional Council which will send county
submissions to the governor for his consideration.
Salt Lake County worked with eligible municipalities in a collaborative process to collect each
municipality’s recommendations. This process considered several factors, such
as economic need, accessibility, transportation, infrastructure, access to
opportunity, employment trends, and existing public and private investment.
February 26-March 29, 2018 – Stakeholder outreach
March 29, 2018
April 2, 2018
April 3, 2018
April 20, 2018
A Public Open House was held on Tuesday, April 3rd from 5:30 p.m. - 7:00 p.m.Salt Lake County Government Center (South Building Atrium)2001 South State Street, Salt Lake City, UT 84114 | Public Meeting Notice
Eligible Opportunity Zones Census Tracts
Community Needs Analysis
Salt Lake County Recommended & Alternate Opportunity Zones Census Tracts
Salt Lake County's Recommendation Letter to Governor Herbert