Active selection process

Oregon Opportunity Zones 2.0

Oregon has 229 tracts eligible for Opportunity Zone 2.0 designation. Track the selection process, deadlines, and nominations as they happen.

229
Eligible Tracts
106
Rural Tracts
58
To Nominate
May 22, 2026
Community Deadline
Median Household Income
$53,929
Median Home Value
$325,200
Avg Poverty Rate
21%
Filed
0 / 58

Selection Process

Oregon OZ 2.0 Selection Process

Last updated: April 17, 2026. Status: Active — applications open April 13 through May 22, 2026.

Business Oregon, the state's economic development agency, runs Oregon's OZ 2.0 selection process. Oregon has 229 census tracts eligible for OZ 2.0 designation and can nominate up to 58 tracts.

Process timeline:

  • April 13, 2026: Application window opens.
  • May 22, 2026: Application window closes.
  • Summer 2026: Business Oregon reviews applications and recommends tracts to Governor Tina Kotek.
  • By September 29, 2026: Governor Kotek submits final nominations to Treasury.

Eligible applicants: Cities, counties, ports, tribal governments, and economic development organizations. One application per tract; joint applications are encouraged.

Tribal provision: Each federally recognized tribe may automatically nominate one eligible tract within tribal lands, outside the standard competitive process.

Selection criteria (three factors, as published by Business Oregon):

  1. Project viability — investable projects or project-ready land
  2. Local support and capacity — stakeholder engagement and alignment with local economic development strategies
  3. Strategic alignment with local and state economic priorities

Webinars and office hours:

  • February 2026: OZ 101 basics
  • March 23, 2026: Nomination process details
  • April 21, 2026: Attracting private capital
  • Office hours: April 8, April 23, May 6

Submit questions or applications to: [email protected] or 503-986-0123.

Source: Oregon Opportunity Zones Program.

Visit Business Oregon →

Where Oregon is in the process

Criteria published
Complete
Community input
May 22, 2026
Governor submits
Jul 1 – Sep 29, 2026
Treasury certifies
Late 2026

Get notified when Oregon files OZ 2.0 nominations

One email the moment Oregon's governor submits nominations to Treasury. One more when Treasury certifies.