The Governor’s Office of Economic Development (GOED), in coordination with the Utah Department of Workforce Services (DWS), announces newly designated Opportunity Zones from the U.S. Treasury Department. GOED and DWS worked to obtain the nomination of low-income census tracts to be considered for opportunity zone designations through the Association of Governments (AOG).

“Our goal is economic prosperity for all Utahns. Opportunity Zones will go a long way in helping to support growth in economically-distressed areas throughout the state,” said Gov. Gary R. Herbert. “By working with these communities, the zones will attract more businesses and new investment.”

Representatives from AOGs were encouraged to speak with local stakeholders for the submission of the census tract information. The final list of opportunity zones was compiled to provide a balance for the benefit of both rural and urban communities that met the criteria from the U.S. Treasury Department.

Nomination tracts were selected based on information obtained from the Kem C. Gardner Institute as well as economic narratives communicated by the nominating AOG representatives. A primary focus of nominating Opportunity Zones was in part to support the needs of rural areas. Therefore of the 46 nominations, 19 were designated from rural communities. Following the nominations from the AOGs, GOED prioritized several targeted rural communities where attractive investment opportunities exist.

“By identifying areas that are ripe for potential investment, Opportunity Zones will certainly help nudge these local economies in the right direction,” said Ginger Chinn, managing director of urban and rural business services for GOED. “This is a very exciting development opportunity for both our urban and rural areas.”

Altogether, 46 zones were designated in the following areas:

  1. 49035113802, Kearns
  2. 49035113906, Magna
  3. 49035112403, Midvale
  4. 49035111802, Millcreek
  5. 49035100600, Salt Lake City
  6. 49035102600, Salt Lake City
  7. 49035102702, Salt Lake City
  8. 49035102500, Salt Lake City
  9. 49035114000, Salt Lake City
  10. 49035111500, South SLC
  11. 49035111600, South SLC
  12. 49035113513, Taylorsville
  13. 49035114500, West Valley City & Salt Lake City
  14. 49035113305, West Valley City
  15. 49035112907, West Jordan, Urban
  16. 49011125701, Clearfield
  17. 49011125702, Clearfield
  18. 49011126001, Layton, Urban
  19. 49057200400, Downtown Ogden
  20. 49057200800 Downtown Ogden
  21. 49057200900, Downtown Ogden
  22. 49057201100, Downtown Ogden
  23. 49057210800, South Ogden
  24. 49049002400, Provo
  25. 49049002500, Provo
  26. 49049002801, Provo
  27. 49049002802, Provo
  28. 49045130900, Tooele
  29. 49049000400, American Fork
  30. 49003960300, Tremonton
  31. 49003960601, Brigham City
  32. 49005001002, Logan
  33. 49013940300, Duchesne
  34. 49027974300, Fillmore
  35. 49021110300, Iron County
  36. 49021110600, Cedar City
  37. 49053271300, St.George
  38. 49053270300, St.George
  39. 49017000300, Panguitch
  40. 49007000600, Carbon
  41. 49019000300, Grand
  42. 49041975300, Richfield
  43. 49039972400, Ephraim
  44. 49005000900, Logan
  45. 49037942100, Navajo Nation
  46. 49001100100, Beaver County

To see a supporting map of the designated Opportunity Zones, please click here.

For detailed information about Opportunity Zones, please see the Treasury website here.