Oregon Opportunity Zones for Agents: 106 Applications, 58 Slots and What to Tell Clients

Oregon agents get Opportunity Zone questions from sellers with large gains and from buyers looking at Portland, Eugene, Salem and rural towns. Oregon’s OZ 2.0 list is expected by October 28, 2026. What is public is the list of local applications. This guide gives you the Oregon facts in the wording our nomination tracker uses, shows how to check a listing, and covers what to tell clients until the list is out.

It’s part of our series for agents. The hub is OZ talking points for your next listing appointment. The full state page is Oregon Opportunity Zones 2.0.

Oregon status, in one paragraph

Oregon’s status on our tracker is “Pending, no official count yet.” Business Oregon says Gov. Tina Kotek requested and received a 30-day extension, moving the deadline to October 28, 2026. Cities, counties, ports, tribal governments and economic development organizations applied from April 13 to May 22, 2026. Business Oregon’s list of local nominations received names 106 tracts in 28 counties: 58 non-rural, 44 rural and 4 tribal nominations, all rural. The applications are under review. The state has not published its picks.

Key numbers and dates

• 229 Oregon tracts eligible for OZ 2.0 on Treasury’s September 2026 eligibility data.
• Up to 58 may be nominated (25%, rounded up, under IRS Rev. Proc. 2026-14).
• 106 local applications for those 58 slots. Multnomah County has 20 of them, 15 from the City of Portland.
• 106 of the 229 eligible tracts are rural. Rural funds can offer a 30% step-up.
• 86 2018 zones in Oregon today.
• Counties with the most eligible tracts: Multnomah (52), Lane (22), Washington (16). See the county lists for Multnomah, Lane, Washington.
• October 28, 2026: Oregon’s extended filing date.
• November 27, 2026: the latest date for Treasury to certify, or December 28, 2026 if the governor requests the 30-day extension.
• January 1, 2027: certified OZ 2.0 zones take effect.
• December 31, 2028: the 2018 Oregon zones stay in effect through this date (Public Law 119-21 §70421(b)(4)).

How to check an Oregon listing

1. Run the address in the census tract lookup to get the 11-digit tract number.
2. Run it in the OZ 2.0 likelihood checker. Until Oregon files, the result shows whether the tract is eligible for OZ 2.0 and gives an estimate, not a confirmed pick.
3. Check whether the tract is on Business Oregon’s list of local applications. A tract with no application is less likely to be picked, but the governor makes the call.
4. Or open the Oregon tract lists and find the county, or browse the Opportunity Zone map filtered to Oregon.

Step-by-step help, with what each result means, is in is your listing in an Opportunity Zone?.

What to say about an Oregon tract

• Eligible, with a local application: “This tract is eligible for OZ 2.0, and a local government applied for it. Oregon has 106 applications for 58 slots, so it’s not settled. The list is expected by October 28.”
• Eligible, no application: “This tract is eligible, but no local application named it.”
• Not eligible: “This tract isn’t on Treasury’s eligible list, so it can’t be a 2027 zone.”
• In a 2018 zone: “The tract is in a current zone through 2028. Whether it’s in a 2027 zone depends on Oregon’s list and Treasury certification.”

Avoid saying an Oregon tract “is an Opportunity Zone” for 2027, or that it “will be nominated.” See OZ 2.0 for brokers for wording.

Talking points for Oregon sellers

• The seller’s property doesn’t need to be in a zone. The OZ benefit comes from investing eligible gain in a qualified opportunity fund within 180 days. See the 180-day clock for sellers.
• State income tax. Oregon taxes individual income (Oregon Department of Revenue). Whether Oregon follows the federal OZ deferral and exclusion is a question for the client’s CPA, not something to promise in a listing.
• Timing around January 1, 2027. Investments made after December 31, 2026 get the OZ 2.0 terms. See investing in an Opportunity Zone in January 2027.
• Rural tracts. Nearly half of Oregon’s eligible tracts are rural; see the rural Opportunity Zone map guide.

Related reading

• Oregon Opportunity Zones 2.0 (state page)
• Oregon’s Oct 28 OZ 2.0 deadline: 106 tract applications for 58 slots
• Washington Opportunity Zones for agents
• OZ talking points for agents (series hub)

Sources: Business Oregon, Opportunity Zones; Business Oregon, OZ 2.0 local nominations received; Rev. Proc. 2026-14; Treasury OZ 2.0 eligibility data (September 2026); Public Law 119-21; Oregon Department of Revenue.

Not tax advice.