What Are Opportunity Zones
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Opportunity Zones provide three benefits with respect to local community and economic development.

1. They offer an ability to act as a convening agent for a diverse array of stakeholders in thinking about community-level investments.
2. Opportunity Zones additionally provide a tax incentive for capital gains.
3. They also provide preferential consideration in federal grants, loans, and technical assistance programs.

Communities have seen all three of these benefits leveraged in a variety of ways to support a multitude of projects, from affordable housing and healthcare to small business development and renewable energy.

For communities to achieve the maximum benefit from the Opportunity Zone program, states and investors must be committed to the original intent of Opportunity Zones and endeavor to support impactful projects that incorporate community input and align with social impact goals.

What Are Opportunity Zones
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About The Author Michael Saunders is an editor of TopGovernmentGrants.com. He edits a site on Community Foundations that highlights the Social Progress Index for Counties around the country and Opportunity Zones within these foundations' areas of coverage.

Additional Government Grants Resources

Downpayment Assistance Program for the First Time Home Buyers in North Carolina
In an attempt to contribute to the eradication of this problem, the North Carolina HFA has established the Downpayment Assistance Program for the First Time Home Buyers wherein they provide interest-free, deferred second mortgages up to $8,000 to cover the downpayment and closing costs of a chosen property.

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National Institutes of Health: Expanding the Encyclopedia of DNA Elements in Human and Model Organisms
The National Institutes of Health, in cooperation with the National Human Genome Research Institute, has established a funding opportunity to support the Expanding the Encyclopedia of DNA Elements in Human and Model Organisms project.

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Democracy, Human Rights, Rule of Law, and Freedom of Expression and the Press for Europe and Eurasia
The Bureau of Democracy, Human Rights and Labor Affairs has recently established a funding opportunity entitled Democracy, Human Rights, Rule of Law, and Freedom of Expression/Press for Europe/Eurasia, wherein they are seeking applications and proposals that aim to develop projects promoting democracy, human rights, rule of law, and freedom of expression/press in Europe and Eurasia.

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Government Grants Within The United States Natural Resources Sector
The United States of America is nation full of natural riches, from rain forests, rivers, lakes, oceans, desserts, and whatnot. If sustained, supported, and consolidated properly, these natural resources can turn into economical and industrial behemoths that can serve the people environmentally and financially.

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National Science Foundation: Ocean Acidification
The Ocean Acidification Program is geared towards the acquisition of a better understanding of the potentially adverse effects of slowly acidifying oceans.

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Alaska Native-Serving and Native Hawaiian-Seving Institutions Education Competitive Grants Program
The National Institute of Food and Agriculture has recently constituted the Alaska Native-Serving and Native Hawaiian-Seving Institutions Education Competitive Grants Program wherein it intends to award funds in an attempt to support education, applied research, and several other related community development programs.

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HIV Innovations for Improved Patient Outcomes for Priority Populations Program
The United States Agency for International Development in South Africa has recently established the HIV Innovations for Improved Patient Outcomes for Priority Populations Program wherein it intends to solicit applications coming from local organizations which are interested in heading the implementation of a five-year plan centered on the program in focus.

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