Opportunity Zones
Connecticut is committed to helping communities, investors and developers alike optimize the opportunities in opportunity zones.
Invest in Connecticut's Momentum
Across Connecticut’s 72 federally designated Opportunity Zones and beyond, public and private stakeholders are coming together to build upon the many benefits Connecticut offers — just a few of which are highlighted below.
- Strategic Northeast location — ideally situated within 500 miles of one-third of the U.S. economy
- Highly skilled workforce — which ranks among the top 5 most educated and most productive in the country
- Focus on innovation — as evidenced by Bloomberg’s ranking of CT as the #4 most innovative state in the nation
- Exceptional quality of life — encompassing our top-ranked preK-high school educational systems, our affordable living options, our 40+ colleges/universities, our spectacular scenery and our vibrant arts and culture offerings
Learn more about all the benefits of investing in Connecticut — and its opportunity zones.
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Explore Featured Opportunity Zone Businesses.
Developments in Connecticut’s Opportunity Zones will be in good company. Here are just a few of the Connecticut businesses located within our Opportunity Zones.
Why Invest in Our Opportunity Zones
Alignment to State Priorities
Connecticut’s Opportunity Zones align with the State’s own economic development priorities. So in many areas, the State will be investing alongside private investors —enhancing the potential ROI for everyone involved in Connecticut’s Opportunity Zones.
Business-Friendly State Government
Governor Lamont, his administration and the state legislature are committed to helping businesses thrive in Connecticut. Already, they’ve implemented a host of measures to enhance the state’s long-term fiscal stablity, control taxes and streamline state government.
Supportive Ecosystem for Innovation
Connecticut is one of most innovative states in the country — Bloomberg’s assessment, not just ours! What makes it so is the collaborative way business, municipal, state and university leaders work together to facilitate innovation.
Additional State Incentives
Prioritized Incentives
Connecticut already offers tax credits to encourage investing in urban and industrial centers, brownfields remediation and historic structure rehabilitation. Some of these have even been increased for OZ investments. Better yet, State legislation empowers Connecticut’s DECD e Commissioner to prioritize Opportunity Zone projects for those incentives.
Expedited Permitting
Eager to get started? The State of Connecticut’s Office of the Permit Ombudsman will expedite the review of permit applications to help fast track projects within Connecticut’s 72 Opportunity Zones.
Opportunity Zones Concierge
DECD Deputy Commissioner, David Kooris, and his staff are here to help you make smart investments in Connecticut.
Your Connecticut Opportunity Zone Concierge Team.
Connecticut’s Department of Economic and Community Development is eager to facilitate introductions to community leaders, investors and developers interested in Opportunity Zone development. Let us help you make the right connections in Connecticut!
Cowlis Andrews
Program Manager, Department of Economic and Community Development
(860) 500-2524
cowlis.andrews@ct.gov
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