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OZ 2.0 | State Resource

Nevada

Designated · 49 tracts

Last checked 2026-06-16

49

Designated tracts (of 195 eligible)

14

Rural designated — QROF treatment

19

Former OZ 1.0 tracts redesignated

57

Days until designations take effect

How Nevada chose

Treasury published the final list on October 30, 2026. Nevada designated 49 of 195 eligible tracts, its full allocation, in 9 of 9 counties with eligible tracts. Designations take effect January 1, 2027 and run through December 31, 2036.

Compared with the eligible tracts it passed over, Nevada favored less dense tracts, rural tracts and former OZ 1.0 tracts.

Trait Designated Passed over
Former OZ 1.0 tract 38.8% 15.8%
Rural (QROF) 28.6% 7.5%
Urban Institute Tier 1 40.8% 37.7%
Median poverty rate 25.2% 22.6%
Median family income, % of area 60.7% 61.5%
Residents of color (mean) 60.6% 71.7%
Median density, people / sq mi 5,149 8,082

Poverty and income: Treasury's own eligibility figures (ACS 2020–2024). Demographics: ACS 2020–2024. Former OZ 1.0 = at least half the tract's land area was in a 2018 QOZ. How every state compares →

51 OZ 1.0 tracts in Nevada were not redesignated. They stay OZ 1.0 zones through December 31, 2028, but under Notice 2026-40 new capital after 2026 generally cannot enter them except under a working capital safe harbor plan adopted by December 31, 2026. If a project in one of these tracts is mid-stream, that deadline is the one that matters. The county table below shows where they are. Transition rules →
Record: how Nevada ran its nomination input process

Nomination process

The lead agency has been identified, but no public process has been published yet. Contact information is below.

As of May 7, 2026, Nevada GOED has not published an OZ 2.0 nomination process or community input mechanism; GOED’s dedicated OZ page redirects to a general incentives page with no OZ-specific content, and the Department of Business & Industry OZ page addresses OZ 1.0 only. Call GOED at (800) 336-1600 today, ask for the economic development team, introduce your jurisdiction’s eligible tracts, and request to be added to any OZ 2.0 outreach list — also ask whether a community input process is planned before the July 1, 2026 federal nomination window. Check GOED’s notices and agendas page (goed.nv.gov/notices-agendas/) for any board agenda item referencing OZ 2.0.

Map: designated and eligible tracts

Loading 195 eligible tracts…

View on EIG map → Treasury designation files (XLSX) Source: Treasury 2027 QOZ designations (Oct. 30, 2026) · IRS Rev. Proc. 2026-14 · EIG DCI 2023 · FFIEC CRA 2025 · Urban Institute 2026

Designated tracts by county

The county is usually the first local partner on an OZ deal — zoning, infrastructure, incentives. CDEs listed are New Markets Tax Credit allocatees that have already financed deals inside this county's designated tracts: the organizations with a working track record of underwriting there.

County Designated / eligible Rural OZ 1.0 kept / lost Residents NMTC CDEs active in designated tracts
Clark County 27 / 141 1 13 / 33 104,497 Advantage Capital Community Development Fund, LLC; Clearinghouse Community Development Financial Institution; Community Development Venture Capital Alliance, The; Enhanced Community Development, LLC; Las Vegas Community Investment Corporation
Washoe County 8 / 33 — 5 / 9 26,221 Advantage Capital Community Development Fund, LLC; Community Revitalization Fund, Inc.; National New Markets Tax Credit Fund, Inc.; Zions Community Investment Corp.
Lyon County 4 / 8 4 1 / 2 8,841 Prestamos CDFI, LLC
Nye County 4 / 6 4 0 / 2 12,484 Prestamos CDFI, LLC; The Valued Advisor Fund, LLC; USBCDE, LLC
Elko County 2 / 2 2 0 / 1 4,774 —
Carson City 1 / 2 — 0 / 2 3,255 —
Churchill County 1 / 1 1 0 / 1 4,342 —
Eureka County 1 / 1 1 0 / 0 1,585 —
Mineral County 1 / 1 1 0 / 0 1,644 —

Counties with no designated tracts are listed only if they lost OZ 1.0 tracts. NMTC: CDFI Fund NMTC public data release. 11 distinct CDEs across Nevada's designated tracts.

Find projects and partners in the designated tracts

Every designated tract in Nevada, tagged by the signals that point to a project type or a partner. Pick tags to narrow the list — a tract must carry every tag selected. Tags are simple published rules, not a score; hover a tag for its definition.

49 of 49 tracts shown

Download all eligible tracts, national (CSV) →
Tract County Pov. MFI Pop. Rent. Vac. Signals Prior NMTC CDEs
32510000502 Carson City 30.3% 63.1% 3,255 76.7% 9.8%
Housing pressureUI Tier 1
—
32001950301 Reno Churchill County 24.5% 72.5% 4,342 46.3% 14.4%
Rural / QROFCRA-eligibleTribalUI Tier 1
—
32003000201 Clark County 27.4% 56.3% 5,245 74.9% 3.6%
Former OZ 1.0CRA-eligibleHousing pressureUI Tier 1
—
32003000203 Clark County 26% 69% 4,042 78.2% 14%
Former OZ 1.0NMTC track recordCRA-eligibleUI Tier 1
Advantage Capital Community Development Fund, LLC; Las Vegas Community Investment Corporation $8.8M · 2 deals
32003000301 Las Vegas Clark County 35.1% 62.4% 3,049 67.2% 14.2%
Former OZ 1.0NMTC track recordCRA-eligibleHousing pressureUI Tier 1
Las Vegas Community Investment Corporation
32003000302 Clark County 34.9% 37.1% 4,912 71.4% 6.7%
CRA-eligibleHousing pressure
—
32003000402 Clark County 32.7% 42.2% 3,468 100% 12%
Former OZ 1.0NMTC track recordCRA-eligibleHousing pressure
Las Vegas Community Investment Corporation
32003000516 Clark County 18.8% 60.5% 5,713 62.8% 8.3%
CRA-eligible
—
32003000700 Clark County 37.1% — 3,166 85.7% 33.3%
Former OZ 1.0NMTC track recordHousing pressureHigh vacancy
Advantage Capital Community Development Fund, LLC; Community Development Venture Capital Alliance, The; Las Vegas Community Investment Corporation $3.7M · 4 deals
32003001100 Spring Valley Clark County 23.6% 60% 2,883 85.7% 17.5%
Former OZ 1.0CRA-eligibleHousing pressureHigh vacancyUI Tier 1
—
32003002000 Clark County 26.2% 76.8% 4,743 70.3% 33.6%
CRA-eligibleHousing pressureHigh vacancyUI Tier 1
—
32003002206 Enterprise Clark County 34.1% 46.4% 3,459 71% 11.7%
CRA-eligibleHousing pressure
—
32003002505 Clark County 17.1% 51.4% 2,395 89% 6.2%
CRA-eligibleUI Tier 1
—
32003002603 Clark County 28.1% 71.6% 3,703 98.3% 16.6%
Former OZ 1.0CRA-eligibleHousing pressureHigh vacancy
—
32003002605 Clark County 33.7% — 430 100% 71.8%
CRA-eligibleHousing pressureHigh vacancy
—
32003002937 Clark County 26.4% 65.8% 6,094 75.9% 6.4%
CRA-eligibleHousing pressureUI Tier 1
—
32003002946 Clark County 16.2% 68.9% 1,906 46.7% 14.3%
CRA-eligible
—
32003002954 Sunrise Manor Clark County 41.9% 38.9% 4,216 68% 14.6%
CRA-eligibleHousing pressure
—
32003002995 Clark County 30.1% 40.3% 2,603 92.9% 9.4%
CRA-eligibleHousing pressureUI Tier 1
—
32003003616 Reno Clark County 6.6% 68.1% 4,609 39.3% 5.4%
Former OZ 1.0CRA-eligibleUI Tier 1
—
32003003800 Las Vegas Clark County 42% 57.7% 4,064 82.4% 13.9%
Former OZ 1.0NMTC track recordCRA-eligibleHousing pressure
Clearinghouse Community Development Financial Institution; Enhanced Community Development, LLC $3.6M · 3 deals
32003004302 Clark County 34.2% 59.7% 3,998 77% 5.3%
Former OZ 1.0CRA-eligibleUI Tier 1
—
32003004601 Las Vegas Clark County 22.5% 68% 4,849 76.5% 6.4%
CRA-eligibleHousing pressure
—
32003005336 Clark County 14.5% 57.9% 4,786 66.1% 6.3%
Housing pressure
—
32003005421 Reno Clark County 27.2% 60% 4,322 58.6% 10.1%
Former OZ 1.0CRA-eligibleHousing pressureUI Tier 1
—
32003005422 Clark County 22.4% 63.5% 4,574 36.7% 5.9%
Former OZ 1.0NMTC track recordCRA-eligible
Clearinghouse Community Development Financial Institution $0.3M · 1 deal
32003005703 Clark County 40.1% 53.3% 1,275 49.9% 45.9%
Rural / QROFCRA-eligibleHigh vacancyUI Tier 1
—
32003005809 Clark County 25.2% 90.9% 4,712 61.8% 17.9%
Housing pressureHigh vacancyUI Tier 1
—
32003006800 Clark County 22.7% 93.4% 5,281 80.5% 4%
Former OZ 1.0NMTC track recordCRA-eligibleHousing pressureUI Tier 1
Community Development Venture Capital Alliance, The
32007950900 Elko County 20.5% 68.2% 2,379 27% 2.8%
Rural / QROF
—
32007951700 Duck Valley Reservation|Duck Valley Off-Reservation Trust Land Elko County 11.9% 66.5% 2,395 50.7% 32.7%
Rural / QROFTribalHigh vacancy
—
32011000100 Eureka County 24.9% 72.5% 1,585 17% 36.3%
Rural / QROFCRA-eligibleHigh vacancy
—
32019960204 Reno Lyon County 22.9% 64.7% 2,193 6.8% 3.9%
Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligible
Prestamos CDFI, LLC
32019960205 Lyon County 20.6% 60.6% 1,818 26.8% 22.8%
Rural / QROFCRA-eligibleHigh vacancy
—
32019960206 Walker River Reservation Lyon County 11.6% 59.7% 1,349 5.7% 4.7%
Rural / QROFCRA-eligibleTribal
—
32019960902 Walker River Reservation|Campbell Ranch Lyon County 15.3% 56.8% 3,481 27.7% 16.7%
Rural / QROFCRA-eligibleTribalHigh vacancy
—
32021970800 Walker River Reservation Mineral County 25.9% 57% 1,644 19.8% 9.1%
Rural / QROFCRA-eligibleTribal
—
32023960300 Timbi-Sha Shoshone Reservation Nye County 26.2% 60.8% 2,222 39.9% 16.7%
Rural / QROFCRA-eligibleTribalHigh vacancy
—
32023960407 Nye County 16.6% 66.8% 3,685 65.6% 10.3%
Rural / QROFCRA-eligibleHousing pressure
—
32023960413 Nye County 34.5% 40.4% 3,628 28.2% 14.9%
Rural / QROFNMTC track recordCRA-eligible
Prestamos CDFI, LLC; The Valued Advisor Fund, LLC $0.1M · 2 deals
32023960414 Paradise Nye County 22.2% 103.4% 2,949 25.5% 11.5%
Rural / QROFNMTC track recordCRA-eligible
USBCDE, LLC $0.2M · 1 deal
32031000104 Washoe County 21% 49.1% 2,507 69.5% 22.5%
Former OZ 1.0NMTC track recordHousing pressureHigh vacancy
Zions Community Investment Corp.
32031000105 Reno-Sparks Indian Colony Washoe County 32.1% — 2,552 92.1% 11.1%
Former OZ 1.0CRA-eligibleTribalHousing pressureUI Tier 1
—
32031000201 Elko Washoe County 20.1% 70.6% 3,922 73.9% 4.7%
Former OZ 1.0CRA-eligibleHousing pressureUI Tier 1
—
32031000702 Reno-Sparks Indian Colony Washoe County 37.4% 70.2% 3,626 90.2% 13.4%
NMTC track recordCRA-eligibleTribalUI Tier 1
National New Markets Tax Credit Fund, Inc.
32031000900 Washoe County 32.6% 53.2% 4,959 87.3% 6.1%
Former OZ 1.0CRA-eligibleHousing pressure
—
32031001901 Washoe County 23.3% 49.6% 3,829 76.8% 18.1%
CRA-eligibleHigh vacancyUI Tier 1
—
32031003002 Washoe County 14.4% 63.2% 2,898 65.2% 21.7%
CRA-eligibleHousing pressureHigh vacancy
—
32031003111 Reno Washoe County 10.4% 58.7% 1,928 80.3% 14.5%
Former OZ 1.0NMTC track recordTribalHousing pressure
Advantage Capital Community Development Fund, LLC; Community Revitalization Fund, Inc. $4.1M · 4 deals

Reading the signals for projects

  • Rural / QROF — a rural QOF investment gets a 30% basis step-up at five years, and existing buildings need only 50% improvement. Rehab of existing stock pencils here in ways it does not elsewhere. Mechanics →
  • Housing pressure — mostly renters, most of them cost-burdened. Housing deals here have demand; they also carry displacement risk, which is where community benefit terms matter.
  • High vacancy — vacant structures to bring back. Pair with the 50% rural improvement threshold where both apply.
  • UI Tier 1 — the Urban Institute's read that private capital is likely to come and the impact would be larger.

Reading the signals for partners

  • NMTC track record — the listed CDEs have underwritten deals in this exact tract. They know the market and can layer NMTC with OZ equity. How they stack →
  • CRA-eligible — bank investment here earns CRA credit. Start with community development officers at banks with branches in the county.
  • Former OZ 1.0 — QOFs and sponsors may already hold assets here. They are the most likely early OZ 2.0 investors and know the local approvals path.
  • Tribal — the tribal government is a principal, not a stakeholder to consult. Persistent poverty — USDA Rural Development programs can fill gaps.

Data context

30

Eligible tracts in EIG DCI top distress quintile

The EIG Distressed Communities Index (2019–2023) is referenced in many state scoring rubrics. Quintile 1 = most distressed. See whether OZ 1.0 reached the most distressed places →

0

Counties with eligible tracts designated USDA persistent poverty

Persistent poverty = 20%+ poverty rate in every census 1980–2010. Source: USDA ERS County Typology Codes (2015 edition). Relevant for USDA RD program eligibility and QROF rural bonus. See QROF rural bonus mechanics →

48

Prior NMTC investments in eligible OZ tracts

CDFI Fund NMTC Public Data Release (2024). Indicates prior CDFI capital deployment track record in these tracts. See how NMTC and OZ stack →

160

Eligible tracts with CRA designation (LMI or distressed/underserved)

Banks earn CRA credit for investing in low- or moderate-income tracts (Track 1), and in non-metropolitan middle-income tracts officially designated distressed or underserved by FFIEC (Track 2). When an OZ project sits in a CRA-eligible tract, bank capital can satisfy CRA obligations while generating OZ tax benefits. How CRA and OZ interact →

Cities: Las Vegas, Reno, North Las Vegas, Sparks, Pahrump and 23 more

ZIP codes: 89104, 89030, 89101, 89121, 89115 and 82 more

See all 28 cities and 87 ZIP codes

All cities:

Las Vegas, Reno, North Las Vegas, Sparks, Pahrump, Henderson, Yerington, Silver Springs, Laughlin, Sun Valley, Nellis Afb, Fallon, Luning, Searchlight, Wellington, Wadsworth, Boulder City, Cal Nev Ari, Smith, Carson City, Schurz, Mesquite, Hawthorne, Jean, Nixon, Beatty, Mina, Amargosa Valley

All ZIP codes:

89104, 89030, 89101, 89121, 89115, 89110, 89102, 89169, 89119, 89108, 89106, 89103, 89502, 89109, 89512, 89431, 89130, 89048, 89146, 89060, 89122, 89107, 89142, 89128, 89429, 89503, 89447, 89506, 89509, 89511, 89120, 89191, 89406, 89032, 89523, 89029, 89118, 89015, 89433, 89444, 89170, 89183, 89510, 89442, 89407, 89415, 89521, 89501, 89422, 89424, 89427, 89162, 89430, 89432, 89420, 89003, 89157, 89114, 89009, 89014, 89019, 89020, 89024, 89027, 89028, 89036, 89039, 89046, 89052, 89081, 89111, 89116, 89156, 89117, 89126, 89127, 89129, 89005, 89132, 89133, 89145, 89147, 89150, 89151, 89154, 89155, 89701

Look up a specific tract (FFIEC) → Source: FFIEC Census Flat File 2026, joined to IRS Rev. Proc. 2026-14 eligible tracts.

75

Eligible tracts in top investability quintile (Urban Institute model)

The Urban Institute investability model scores OZ-eligible tracts by predicted likelihood of attracting private capital, based on OZ 1.0 investment patterns. Quintile 1 = highest predicted investability among scored tracts. Not all tracts are scored — coverage reflects tracts with sufficient OZ 1.0 data.

Who to contact

Nevada Governor's Office of Economic Development (GOED)

https://www.business.nv.gov/business-resource-hub/access-to-capital/opportunity-zones/

(800) 336-1600

Certified CDFIs

2 certified CDFIs headquartered in Nevada. CDFI Fund certified list →

USDA Rural Development

USDA RD Nevada State Office →

Rural LISC

Rural LISC →

Native / tribal

No formal tribal consultation process has been published for Nevada's OZ 2.0 nomination. If your jurisdiction contains or is adjacent to tribal land, contact the relevant Tribal Historic Preservation Office (THPO) or tribal government directly before submitting a nomination.

Designations: Treasury, 2027 QOZ designations and revised eligible-tract file (October 30, 2026). Demographics: ACS 2020–2024 5-year. OZ 1.0: IRS Notice 2018-48, crosswalked to 2020 tracts. Eligible tract counts: IRS Rev. Proc. 2026-14 (April 6, 2026). Rural designation: Notice 2025-50, Section 4.01. Status tier last verified 2026-06-16. Full methodology.