Created by the 2017 Tax Cuts and Jobs Act, Opportunity Zones are an financial development tool. The intent of the program is, at its most simple, to drive group restoration, infrastructure development, and job creation in distressed areas by providing tax advantages to buyers. These zones, which should meet specific criteria and be designated and licensed as such, can vary in dimension from a couple of blocks to a whole zone, and they are often urban or rural. Opportunity Funds are the vehicle for investing in eligible property situated in an Opportunity Zone. With Opportunity Funds, investors can reinvest their gains from a prior investment and in return receive tax benefits including deferrals, exclusions, and deductions.