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The U.S. Department of the Treasury approved 240 Illinois census tracts for Opportunity Zones 2.0, with designations expected to take effect in January 2027. The announcement identifies no solicitation or contract funding, but the designations may inform business location, investment, and economic-development planning across the state.
The U.S. Department of the Treasury approved all 153 Opportunity Zone areas recommended by Virginia, with designations taking effect January 1, 2027. The focus on housing, downtown revitalization, business-ready investment, and regional assets may shape future development pipelines, but no solicitation, award, or procurement schedule was announced.
Governor Jim Pillen and HUD Secretary Scott Turner discussed strategies for enhancing affordable and workforce housing in Nebraska. This collaboration focuses on Opportunity Zones to generate investments, potentially leading to new procurement opportunities for contractors in housing sectors across both urban and rural communities.