Halifax County has completed review and prioritization of Opportunity Zones 2.0 nominations, identifying three census tracts that best align with North Carolina’s economic development priorities and offer the strongest potential for transformative investment in the county. After evaluating all eligible census tracts in Halifax County, local leaders recommended Census Tracts 9310, 9301, and 9309.2 for designation as Opportunity Zones. Based on the state’s guidance, these tracts provide the best combination of existing infrastructure, development momentum, industrial readiness, and realistic opportunities for private investment and job creation.
Opportunity Zones are intended to encourage long-term private investment in economically distressed areas through federal tax incentives tied to capital gains investments. The Working Families Tax Act permanently extended the Opportunity Zone (OZ) program and implemented major structural overhauls. Halifax County leaders believe the updated Opportunity Zone 2.0 program could become an important tool for rural communities competing for industrial, commercial, housing, and mixed-use development projects.
“We wanted to present the strongest possible case for Halifax County,” commented Vernon Bryant, Chairman of the Halifax County Board of Commissioners.
Beginning July 1, 2026, governors have 90 days to nominate 25% of their state’s eligible low-income census tracts for inclusion in the next round of Opportunity Zones.
As a Tier 1 area, Halifax County continues to focus on strategies that support industrial recruitment, housing development, downtown revitalization, infrastructure investment, and long-term job growth. Local officials see Opportunity Zones 2.0 as another tool that can help position the county for future investment and economic opportunity.
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