Targeting Opportunity Zones and Other Distressed Communities for Federal Site Locations
Executive Order 2020-19032
|Signed on August 25, 2020
45th Presidency
What it means
Prioritizes opportunity zones and distressed communities when selecting locations for federal facilities. The order amends previous directives to give preference to economically disadvantaged areas when placing government buildings and offices.
Expected impact
- Economic revitalization for struggling communities through increased federal presence
- More job opportunities and foot traffic in distressed areas where federal facilities are located
- Potential boost to local businesses and real estate values in opportunity zones that receive federal offices
- Greater visibility and utilization of historic properties in disadvantaged communities