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Federal Opportunity Zone 2.0 Program Nominations

Galveston

Summary

Economic development staff presented a draft resolution and prioritized list of 11 census tracts eligible for nomination under the federal Opportunity Zone 2.0 program to spur investment in lower-income areas.

At a glance

Total mentions
1
Last 30 days
0

Last discussed May 28, 2026.

Impact analysis

💰Financial impact

Provides capital gains tax exemptions for investors in designated zones at no direct cost to the city.

✅Who benefits

Property owners, developers, and residents in designated low-income census tracts.

Mentions & discussions (1)

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