Opportunity Zones Incentive Program
Opportunity Zones provide a tax incentive for investors to re-invest their unrealized capital gains into dedicated Opportunity Zones located in Pasco County. Qualified Opportunity Zone Funds, which consist of funds generated by investor capital gains, are available to fund development within the County's Opportunity Zones. The Pasco County Office of Economic Growth has access to the listing of Qualified Opportunity Zone Funds available for County specific projects and is available upon request.
How Were the Locations of Opportunity Zones Determined?
Pasco County hopes to leverage Opportunity Zones as an important tool to support the development of jobs, affordable housing and economic vitality in these areas.
Pasco County is now the 11th largest county in Florida with a population of approximately 553,947 with an increase of 2.65%. The home-ownership rate in Pasco County, FL is 74.9%, which is higher than the national average of 64.1%.