A letter from the Novogradac Opportunity Zones Working Group to incoming President Donald Trump’s transition team and the nominee for deputy secretary for the U.S. Department of the Treasury calls for the Trump administration to consider regulatory and legislative efforts to enhance and reinforce the opportunity zones (OZ) incentive, including permanency. The letter was sent to Michael Faulkender and the Trump transition team to extend the deadline for OZ investment beyond 2026 and to enable smaller and more flexible investment. The letter calls for OZ permanence and for rolling deferral periods.
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