Qualified Opportunity Zones & Funds

IRS hosted a hearing on the proposed Opportunity Zones regulations 2/14/2019

City of Spokane wants to promote Spokane Opportunity Zone Funds investing in Spokane's 11 Zones and is seeking Letters of Interest.

Opportunity Funds

A Directory with 50+ OZ funds created by the Opportunity Zone Association of America (OZAA)

Opportunity Fund Rules – Details and Understanding

Spokane's 11 Census Tracts Designated are aligned with our Target Investment Areas

Clicking the images opens up Facts Sheets on each of our Spokane Zones

  • Downtown Spokane


  • Kendall Yards

    Kendall Yards

  • North Bank

    North Bank

  • Lower South Hill and Medical District

    Lower South Hill & Medical District

  • University District

    University District (south of the Spokane River)

  • Sprague Union District

    Sprague Union District

  • Hillyard

    The Yard & Market St. Area

  • Spokane Airport

    Portion of West Plains and International Airport

Why these areas?

  • Economically distressed residents
  • Attracting investment
  • Targeted Investment Areas
  • Aligned with other incentive areas
  • Partners in place Public Development Authorities and Business Improvement Districts
  • Pipeline projects ready go
  • Opportunities for new investment

Alignment with Strategic Plan

  • Grow targeted areas – Invest in key neighborhoods and business centers; especially PDA's
  • Marketing Spokane – Market Spokane's urban advantages and experiences to grow jobs and economic development
  • Public amenities – Invest in key public amenities and facilities
  • Regional collaboration – work collaboratively with regional partners