Welcome Investors, Developers, and Business Owners

The federal Opportunity Zones Program provides tax incentives for investments made through Qualified Opportunity Funds in businesses and properties within Opportunity Zones. The City of New Haven has seven Opportunity Zones that offer a broad range of investment and development prospects.

It’s easy to participate in the Opportunity Zones Program. From the multi-million dollar commercial potential of the Long Wharf waterfront to former industrial sites in Mill River and Fair Haven , New Haven's Opportunity Zone sites offer abundant investment-ready properties and businesses. Our office is ready to connect you with the right investment for your portfolio.

View our interactive map to see if an address or site falls within New Haven’s Opportunity Zones.

We are ready to help connect you with promising business opportunities. We invite you to complete this form to let us know what kinds of opportunities interest you.

Benefits & Incentives

Investing through a Qualified Opportunity Fund (QOF) offers significant tax benefits:

• Temporary tax deferral on initial capital gain
• Tax exclusion on up to 15% of the original gain
• Permanent tax exclusion on capital gains from QOF investments held for 10+ years

Maximize the return on your Opportunity Zone investment through complementary city and state public incentive programs, such as:

• Property Tax Assessment Deferral
• Facade Improvement Grants
• Environmental Assessment Fund
• Flood Mitigation Matching Funds
• CT Enterprise Zone Tax Incentive
• CT Manufacturing Equipment Incentive

Additional Resources

• Review Opportunity Zones FAQ from the IRS and program tax benefit information compiled by the Economic Innovation Group.
• The National Council of State Housing Agencies (NCSHA) maintains a register of publicly-announced Qualified Opportunity Funds.