Tract 72029100103

Census tract 1001.03, Canóvanas Municipio, PR: 2027 Opportunity Zone

2027 zone (designated)

Yes. Census tract 1001.03 in Canóvanas Municipio, Puerto Rico (GEOID 72029100103, QOZ ID N72029100103-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population
2,504
Median family income
$28,975
Poverty rate
41.3%
Unemployment
10.5%
Median home value
$87,500

American Community Survey 2020 to 2024 5-year estimates (U.S. Census Bureau).

Why it qualified

Treasury's data shows it qualified on a poverty rate of at least 20% (poverty 41.3%, income at 82% of the area median). See how a tract qualifies.

Its poverty rate is the lowest of the 2 designated tracts in Canóvanas Municipio.

Was it a 2018 zone?

About 100% of this tract's land lay in a 2018 Opportunity Zone: 72029100103 (100%). That designation ends December 31, 2027 for Puerto Rico's automatic zones. For 2027 and 2028 the two maps run side by side, and which one matters depends on when the investment is made.

What applies here

A gain invested in a Qualified Opportunity Fund after December 31, 2026 is deferred for up to five years. Held five years, basis rises by 10%. Held at least ten years, the investor can elect to exclude appreciation, measured no later than year 30. See the OZ 2.0 rules.

Other designated tracts in Canóvanas Municipio

See all Canóvanas Municipio Opportunity Zones, open the tract map, or check an exact address with the lookup. Tract lines follow the 2020 census. Source: CDFI Fund designated tract list.

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Financing for the real estate inside the zone.

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