OtherUnder reviewDowntown original town site census tract, Twin Falls, ID

Opportunity Zone 2.0 application — downtown census tract

Twin Falls

Description

The city is nominating the downtown tract for the reauthorized federal Opportunity Zone program, which offers capital gains tax benefits to investors in distressed areas.

Impact summary

If designated, developers could stack federal tax benefits with local urban renewal incentives, accelerating downtown revitalization.

Applicant

Name: City of Twin Falls (Economic Development)
Address: Downtown original town site census tract, Twin Falls, ID

At a glance

Hearings: 1
Public comments: 0
Total mentions: 1

Last discussed Jun 15, 2026.

Meeting timeline (1)

Jun 15, 2026

City Council - Jun 15, 2026

The city is nominating the downtown tract for the reauthorized federal Opportunity Zone program, which offers capital gains tax benefits to investors in distressed areas.

Related issues (1)

Opportunity Zone 2.0 nomination for downtown

Staff will ask the City Council to bless an application asking the Governor to nominate downtown Census Tract 16083001100 as a permanent federal Opportunity Zone, offering tax breaks that attract long-term investment. The tract overlaps the Old Towne-2 urban renewal area, layering incentives.

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