What is a HUD Opportunity Zone?

What is a HUD Opportunity Zone?

  • Amanda Jacobellis
  • 06/7/24

Hud Opportunity Zones are designated economically distressed communities identified by individual census tracts. These are areas nominated by America's governors and certified by the US Secretary of the Treasury, who delegates authority to the IRS.


Why should you care? 

Opportunity Zones particularly compelling is there potential for preferential tax treatment on new investments, provided certian conditions are met. There are also special loans and grants available for these areas. Allowing people to purchase with 3% down, no PMI and sometimes free money grants, in additon to tax advantages. 


There are a total of 8764 Opportunity Zones across the United States. Many of these communities have faced significant underinvestment for decades. It is important to note that the Opportunity Zones initative is not merely a top-down government program; rather, it serves as an incentive to stimulate both private and public investment in our nation's underserved areas. 

If you have questions on how this can help you get into the Real Estate market with very little money please reach out! 


Jacobellis Group currently has
2 listings in HUD opportunity zones



3  bedrooms Separator 2  bathrooms Separator 1,481  sqft


Located minutes from the heart of Joshua Tree's downtown art scene, the iconic saloon, and Joshua Tree National Park, this 3-bedroom, 2-bathroom home offers the perfect blend of modern boho charm and natural beauty. The property features a newly installed pool and spa, creating a private retreat for relaxation and entertaining. Enjoy breathtaking views of neighboring horses and majestic mountains from the fully fenced backyard.. Inside, the home boasts a contemporary boho design with updated kitchen and baths. Already a successful Vacation rental, Its prime location ensures easy access to all of Joshua Tree's attractions, making it an ideal home for those seeking adventure, serenity and turn-key investment potential!

This home qualifies for HUD Opportunity zone 3% down, lower rate and no PMI. Ask your agent!
Request A Private Showing



3  bedrooms Separator 2  bathrooms Separator 1,520  sqft


Escape the city life, to your new 3-bed, 2-bath desert home, situated on 2 acres of stunning desert landscape. The property features a modern kitchen and beautifully upgraded baths, an open floor plan and is fully decorated with an instagramable design. Outside, find a permitted pool with deck and a new hot tub to make the outdoor living experience a true retreat. This home is currently a successful vacation rental. Its location offers easy access to local attractions including Pappy + Harriet’s, Joshua Tree National Park, dining, shopping, and outdoor adventures, making it an ideal choice for those seeking a private desert retreat with investment potential

Qualified for HUD Opportunity zone! Ask your agent about the low down, no PMI and lower rate for these zones. Turn-key with so much value! What will you do with the two acres?
Request A Private Showing

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