Opportunity Zones 2.0
Key Questions
What is the City of Bakersfield doing regarding Opportunity Zones 2.0?
The City of Bakersfield is soliciting input from residents to identify priority census tracts for updated federal Opportunity Zones. This initiative aims to attract private investment for future development.
Why is resident input important for Opportunity Zones 2.0?
Resident input helps prioritize census tracts that are best suited for development under the updated federal program. It supports strategies to draw private investment into key areas.
How do Opportunity Zones benefit real estate and development?
Opportunity Zones are designed to attract private investment to designated census tracts. They play a key role in real estate and development strategies by incentivizing growth in targeted areas.
City soliciting input on priority census tracts for updated federal Opportunity Zones to attract private investment. Key for real estate and development strategies.
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Updated May 10, 2026