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Qualified Opportunity Zones

Qualified Opportunity Zones

Qualified Opportunity Zones (QOZ) present a great opportunity for investment in the Lehigh Valley.

The cities of Allentown, Bethlehem, and Easton each includes zones offering generous tax advantages that deliver benefits to private-sector investors and promising economic growth potential for the region’s communities.

QOZs allow investors to defer taxes by reinvesting capital gains from an asset sale into a qualified opportunity fund during the 180-day period beginning on the date of the sale or exchange giving rise to the capital gain.

For information about QOZs in the Lehigh Valley, contact Doug Warfel, LVEDC’s Director of Business Attraction and Lending, dwarfel@lehighvalley.org.

Allentown

2,064 acres

1,430 tax parcels

Properties in central business district, publicly-owned parking lot zoned for commercial use.

20-acre industrial redevelopment opportunity.

Bethlehem

5,319 acres

814 tax parcels

Multiple opportunities including retail sites in thriving urban centers.

Easton

1,364 acres

699 tax parcels

Multiple publicly-owned sites in central business district.

Zoned for multi-family and commercial uses.