By John Gnuschke, Ph.D., Director
Sparks Bureau of Business & Economic Research, The University of Memphis
Web Map and Application by Ryan Hanson
One of the biggest challenges faced by Memphis is to create an environment where private-sector employers can be competitive, generate profits, and sustain growth. Private-sector employers are the engines that drive the Memphis economy forward. Opportunity Zones focus on using reductions in capital gains taxes to stimulate growth in economically-distressed areas of the city. The Opportunity Zone program was created by the national Tax Cuts and Jobs Act and is available in communities across the nation. The attached map shows where Opportunity Zones are located in Memphis.