News Flash

Agency Newsroom

Posted on: March 21, 2018

Governor Colyer announces communities to be designated as Opportunity Zones

opportunity graphic 350px

TOPEKA – Kansas Governor Jeff Colyer, M.D. and officials from state government agencies have completed a review of Letters of Interest submitted from communities across the state to be considered for designation as Opportunity Zones.

Opportunity Zones are a new economic development tool enacted by the Tax Cuts and Jobs Act of 2017 designed to encourage long-term investments in low-income urban and rural communities. Based upon the number of low-income communities identified by the Federal Census, the Governor may nominate up to 74 census tracts in Kansas for designation as Opportunity Zones.

In February, Kansas Commerce announced it would begin accepting Letters of Interest from communities to have their eligible low-income census tracts designated as Opportunity Zones. Following the review of submissions, the Governor has determined that each community who submitted an eligible census tract will be nominated for at least one Opportunity Zone designation. The communities with census tracts to be included in the Governor’s nominations for designation as Opportunity Zones include:

Allen County

Graham County


Arkansas City

Great Bend



Greeley County






Jewell County

Rooks County

Cloud County

Lane County


Dodge City



El Dorado


South Hutchinson




Finney County




Montgomery County




Wyandotte County



Gove County

Osage City

Governor Colyer will utilize the available 30-day extension from the U.S. Department of the Treasury to work with local leaders to finalize the specific census tracts designated within each community.

About Opportunity Zones

Opportunity Zones will provide tax incentives for investors who reinvest their unrealized capital gains into Opportunity Funds that are dedicated to investing in the Opportunity Zones designated by Governor Colyer. This program provides a tax incentive for investors to re-invest their unrealized capital gains into Opportunity Funds that are dedicated to investing in economically distressed areas designated as Opportunity Zones by the Governor. The program provides deferral and reduction of capital gains taxes when the gain is invested in a Qualified Opportunity Fund and maintained for at least five years. Additional tax incentives are available for investments held for periods of seven and 10 years.  

Additional information about the Opportunity Zone program may be found at


Additional Info...
Facebook Twitter Email

Other News in Agency Newsroom

engines lpg 250

eNGines-LPG to Locate in Hutchinson

Posted on: November 9, 2018

New KANSASWORKS App Launches Today

Posted on: October 8, 2018
Manfuacturing Summit 250

Manufacturing Summit coming to Wichita

Posted on: August 16, 2018

Kansas Commerce Newsletter

Posted on: May 25, 2017

2017 KANSASWORKS Statewide Job Fair

Posted on: February 28, 2017
Social Media Flyer - Job Seeker.jpg

2017 KANSASWORKS Statewide Job Fair

Posted on: February 2, 2017

Healing Technology Engineered in Kansas

Posted on: December 29, 2016
Made in Kansas

Made in Kansas The Heart of America

Posted on: December 21, 2016
MSI Automation

Kansas Spotlight: MSI Automation

Posted on: December 15, 2016
JumpStart Kansas Entrepreneurs Program Assists Kansas Startups

JumpStart Kansas Entrepreneurs Takes Off

Posted on: November 30, 2016

Triumph Opens Factory in Kansas

Posted on: October 19, 2016

Expo for Hispanic small business owners

Posted on: September 26, 2016
KansasWorks Statewide Job Fair

2016 KANSASWORKS Statewide Job Fair

Posted on: September 15, 2016