Opportunity Zones

About Opportunity Zones

Opportunity Zone tax benefits, established in the 2017 Tax Cuts and Jobs Act, include three levels of tax incentives for investing in certain low-moderate income Rochester neighborhoods through a Qualified Opportunity Fund. For detailed information about the incentive , please click here for a summary  

The City of Rochester and Rochester Economic Development Corporation (REDCO) has published an Opportunity Zones Investment Prospectus which includes an overview of the tax incentive, reasons why Rochester is a great location for investment, and details on specific sites and projects within Opportunity Zones. Please click here to download the Prospectus PDF

 Opp Zones Prospectus Cover FINAL

OZ Segments Citywide  

Development Resources

  • Let us work with you to find the right site for your development project. Take a tour of Rochester's potential project sites or jump to specific site information by using the Development-Ready Sites in Rochester page. Click here for Development-Ready Sites in Rochester

 Screenshot of Development Ready Sites

  • The City welcomes new development, new investment, and building better communities. Development Considerations includes things to consider early in the development process to help create a successful project. 

Click here for Development Considerations

  • Check out the Developer Guidance Handbook. This handbook outlines the philosophy, vision, regulations, and procedures related to development with the City of Rochester. 

 Click here for the Developer Guidance Handbook

Contact Information

For more information, please email:  OpportunityZones@Cityofrochester.gov