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Louisiana Secures 156 New Opportunity Zones

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Source: Biz New Orleans

BATON ROUGE, La. — Louisiana secured federal approval for all 156 census tracts nominated as the state’s next generation of Opportunity Zones, opening new pathways for long-term private investment and business growth in communities across all eight regions. The U.S. Department of the Treasury and Internal Revenue Service approved the designations this week, including 82 rural and 74 non-rural tracts. The new Opportunity Zones take effect Jan. 1, 2027, and will remain designated for 10 years. The newly approved designations include 16 census tracts in Orleans Parish, 15 in Jefferson Parish and four in St. Tammany Parish, giving the Greater New Orleans region additional areas eligible for federal tax incentives intended to encourage private investment and redevelopment. “President Trump understands that lasting economic growth starts with creating opportunity in every community,” said Gov. Jeff Landry.

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