An official website of the United States government.

This is not the current EPA website. To navigate to the current EPA website, please go to This website is historical material reflecting the EPA website as it existed on January 19, 2021. This website is no longer updated and links to external websites and some internal pages may not work. More information »

Superfund Redevelopment Initiative

Superfund Redevelopment Using Opportunity Zone Tax Incentives

Opportunity Zones are a powerful way to encourage revitalization in economically distressed communities. Redevelopment of current or former Superfund sites may qualify for Opportunity Zone tax benefits. Learn more below or view EPA’s fact sheet for more information:

On this page:

What are Opportunity Zones?

Opportunity Zones attract long-term private investors and stimulate economic growth. They were created by the 2017 Tax Cuts and Jobs Act and established in all 50 states, the District of Columbia and the five U.S. territories. Opportunity Zones can help revitalize contaminated and formerly contaminated properties, including Superfund sites. They attract private investment and strengthen the financial viability of redevelopment projects.

View a map of Opportunity Zones and learn more about Opportunity Zones in your state or territory:

Top of Page

Can Superfund Sites Qualify for Opportunity Zone Benefits?

Redevelopment of current or former Superfund sites may qualify for Opportunity Zone tax benefits. Superfund site property located within an Opportunity Zone qualifies for tax benefits when the qualifying investment commences an “original use” on the property or “substantially improves” the property (doubles the basis in the property) in a specified timeframe.

Top of Page

What are the Tax Benefits?

U.S. taxpayers are eligible to receive tax benefits on realized capital gains reinvested in Opportunity Zones through Qualified Opportunity Funds (QOFs). These benefits include:

Temporary Deferral of Capital Gains Taxes: Investors are not taxed on the capital gains invested in a QOF until they exit the fund or December 31, 2026, whichever comes first.

Step Up in Basis: Investments held for a minimum of five years will be taxed at the reduced rates of 90% for investments held for at least five years (10% basis increase) and 85% for investments held for at least seven years (15% basis increase).

Tax-Free Gains After Year 10: If an investor holds a reinvestment for 10 years, capital gains achieved by the QOF investment during that period will not be taxed. This is a permanent exclusion from taxable income.

Top of Page

Can Communities Promote Opportunity Zones and the Reuse of Superfund Sites?

Many communities are using Opportunity Zones to attract investors and developers. EPA and the U.S. Department of Housing and Urban Development (HUD) have tools and resources to help local leaders achieve equitable outcomes at development projects in Opportunity Zones. Learn more:

Top of Page

EPA Regional Opportunity Zone Contacts

Region States Contact Information
1 Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island & Vermont Jessica Dominguez (
2 New Jersey, New York, Puerto Rico & Virgin Islands Lance Caldwell (
Dave Kluesner (
3 Delaware, District of Columbia, Maryland, Pennsylvania, Virginia & West Virginia Betty Barnes (
Samantha Beers (
4 Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina & Tennessee Jay Bassett (
5 Illinois, Indiana, Michigan, Minnesota, Ohio & Wisconsin Jon Grosshans (
6 Arkansas, Louisiana, New Mexico, Oklahoma & Texas Gloria Vaughn (
7 Iowa, Kansas, Missouri & Nebraska David Doyle (
Andrew Wynne (
8 Colorado, Montana, North Dakota, South Dakota, Utah & Wyoming Laura Farris (
Patrick Davis (
9 Arizona, California, Hawaii, Nevada, American Samoa & Guam Christopher Hage (
Scott Stollman (
10 Alaska, Idaho, Oregon & Washington Tim Hamlin (
Viccy Salazar (

Top of Page