Now is the Time to Nominate New Opportunity Zone Census Tracts for 2.0 Program
On July 1, 2026, the Qualified Opportunity Zones (QOZs) 2.0 nomination process formally kicked off. The process requires governors of each state and U.S. territory to nominate low-income census tracts to be certified as QOZs. These new 10-year tracts will take effect January 1, 2027, and last until December 31, 2036.
Since new designations will occur only once every 10 years, jurisdictions that do not nominate an eligible tract during this window will not have another opportunity to do so until the next designation cycle, after 2036. As such, time is of the essence for anyone aiming to include a tract on a governor’s list for possible designation, particularly if you:
Currently have a project located in a QOZ 1.0 census tract and would like to have that tract designated and re-certified under QOZ 2.0 (assuming it still qualifies under the new guidelines), or
Are contemplating a new QOZ investment in a tract eligible for certification.
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