Dallas may end up with more Opportunity Zone census tracts than any other city in the country
Dallas Eco Dev nominated 42 census tracts. The Governor's office accepted all of those and added two more!
To contrast, in 2018 the City asked for 62 and got 15.
Statewide, more than 1,200 tracts were proposed by more than 175 economic development organizations and county judges across 114 counties.
605 were ultimately designated using formal scoring criteria
Through 2024, Texas has received $7.84B of OZ equity investment and roughly 75% of that has been into urban areas.
With the combination of a permanent/improved program, a better map, and more thoughtfully chosen tracts...I think Dallas is going to receive several hundred million of equity investment per year going forward that it would not receive but for the OZ program
Dallas Cowboys star CeeDee Lamb’s Texas home was burglarized while he was away at training camp last month, with thieves stealing roughly $300,000 worth of property.