Governor Kevin Stitt and the Oklahoma Department of Commerce announced today that 104 Oklahoma census tracts have been designated as Opportunity Zones 2.0. Federal Opportunity Zones (OZs) were created to encourage long-term private investment in low-income areas.
“Oklahoma is the most business-friendly state in the country, and Opportunity Zones 2.0 will help bring new investment to every corner of the state,” said Governor Stitt. “We want every community to be part of the tremendous growth and momentum we are seeing across Oklahoma, and these designations will give communities another tool to attract investment, create jobs and build new opportunities for Oklahomans.”
The designations were made with input from the public, with survey participants emphasizing that Opportunity Zones should be able to recruit projects that create jobs, unlock private capital, be investment-ready and expand the tax base. With that feedback in mind, the OZ designations focused on census tracts meeting five categories:
- Industrial parks
- Community desire for housing
- Shovel-ready sites
- Potential partnerships
- Sales tax revenue generation
“In 2025, we saw a record $14.7 billion invested in Oklahoma, and Opportunity Zones are a way we can ensure that capital reaches the entire state,” said Oklahoma Commerce CEO John Budd. “These designations will help communities attract new investment, create jobs and expand their local economies, giving more Oklahomans the opportunity to benefit from the growth we’re seeing across our state.”
The 104 designated Opportunity Zones span rural and urban communities across six regions of Oklahoma, with each region represented fairly in proportion to its share of the state’s population. The designations included a slight emphasis on rural communities to help ensure the state maximizes the potential for investment dollars flowing into Oklahoma. The designated tracts include 15 in northeast Oklahoma, eight in northwest Oklahoma, 17 in southeast Oklahoma and 11 in southwest Oklahoma. The Oklahoma City metropolitan area has 31 designated tracts, while the Tulsa metropolitan area has 22.
View the Oklahoma Opportunity Zone 2.0 map.
“Enid is fortunate to retain two established Opportunity Zones, maintaining a valuable tool for attracting private investment in housing, downtown development and industrial revitalization,” said Marcie Mack, executive director of the Enid Regional Development Alliance. “This investment can expand housing options, bring new life to existing properties and support business growth, creating lasting economic benefits for Enid, Garfield County and Northwest Oklahoma.”
“Opportunity Zone designation gives Ardmore another tool to attract private investment, support business growth and create jobs,” said Bill Murphy, President and CEO of the Ardmore Development Authority. “For the Ardmore Industrial Airpark specifically, it strengthens our ability to compete for projects that can put available land and facilities to work and build on our aviation, manufacturing, and logistics assets. Our goal is to turn that investment into lasting opportunities for our community.”
Opportunity Zones 2.0 goes into effect Jan. 1, 2027, and will remain in place through 2036.
