Opportunity Zones
What Are Opportunity Zones?
Conceived as part of the Tax Cuts and Jobs Act of 2017, the Opportunity Zone program was designed to boost economic growth in low-income, high-potential U.S. communities through tax incentives to private sector individuals.
Avi Shemesh
The CIM Advantage
Leveraging extensive in-house expertise, CIM invests strategically in Opportunity Zone communities.
Our investment, development, finance and property management teams access local relationships and specialized knowledge to develop and operate high-quality assets in Opportunity Zones.
Opportunity Zone Essentials:
Current Benefits & New Legislation
July 2025
On July 4, the president signed the 2025 reconciliation bill (H.R. 1) into law, making certain Opportunity Zone (OZ) program incentives permanent and establishing new parameters set to launch in 2027.1
Meanwhile, the current OZ program continues to offer important benefits. Access the key details you need to know in our OZ legislation quick guide.
Reinvigorating a Historic District
Creating Value
From an apartment community in Atlanta to a solar project in California’s Central Valley to a creative office building in Los Angeles, our Opportunity Zone projects focus on creating value and aligning with the community’s needs.
With each real estate and infrastructure asset, we seek to make a lasting positive impact for our clients1 and communities.
Opportunity Zone Impact in Action
Expanding Renewable Energy
Revitalizing the Heart of Atlanta
An Integrated Approach to Creating Value
Our experienced in-house team executes each phase of our projects, including those in Opportunity Zones.
- Congress.Gov. “H.R. 1 One Big Beautiful Bill Act,” https://www.congress.gov/bill/119th-congress/house-bill/1 Accessed July 17, 2025
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