Economic Development Department

Economic Initiatives

Opportunity Zones in California

Antioch has census tracts that include areas around the Somersville Town Center, the BART station, and Wilbur Avenue. The federal tax bill passed at the end of December 2017 allows the Governor to designate certain census tracts as Opportunity Zones. Investments made by individuals through special funds in these zones would be allowed to defer or eliminate federal taxes on capital gains.