08/25/2026
Hello Residents:
In 2017, The census tract 7012.4 that includes the Yorkshire / New Yorkshire neighborhoods was designated as an Federal Opportunity Zone. The Federal Opportunity Zone Program was made permanent in 2025, establishing a new designation cycle every 10 years. As a result, the new nomination window opened in 2026, giving Governor Sherrill the authority to nominate 129 census tracts as Opportunity Zones. We have been made aware that Burlington City will keep our current opportunity zone designation along with being nominated for an additional opportunity zone that includes Census tract 7012.3 [East Burlington, Columbus Park and Lynnfield neighborhoods], the remaining boundary east of the Assiscunk Creek. This is a great news for taxpayers, business owners and Investors. The new Opportunity Zone designation will be effective January 1, 2027.
I am asking for your help. A Opportunity Zone 2.0 Stakeholder Recommendation Form link is below for Elected officials and the public for to provide feedback. The nomination form will also be shared on our website and through social media.
I hope you can complete the Opportunity Zone 2.0 Stakeholder Recommendation Form under Additional Resources along with providing a letter of support to submit with the Stakeholder recommendation form. The Stakeholder Form requires two letters of support; I have attached a letter of support that you can send in with your individual support letter.
The nomination window closes on August 28th, 2026 at 11:59 pm.
At a September 2026 Council meeting a Resolution will be placed on the Agenda for Common Council’s consideration.
Thank you for supporting our 2026 opportunity zone 2.0 designation.
Sincerely,
Mayor Barry Conaway
Additional Resources:
Opportunity Zone 2.0 Stakeholder Recommendation Form
https://survey123.arcgis.com/share/d996f660178145fda93e8191c6f02134?portalUrl=https://njdca.maps.arcgis.com
Opportunity Zone Webpage
https://www.nj.gov/dca/dlps/home/opp_zones.shtml
2026 Opportunity Zone 2.0 Stakeholder Map Tool
https://experience.arcgis.com/experience/04ee42e25a9d4f48bb3a270acfa44a4e =id%3AdataSource_1-19f859e01b8-layer-6%3A178
Department of Community Affairs Community Asset Map
https://experience.arcgis.com/experience/1f30e2e9dc954b6eaafb510c170a3234
IRS Federal Opportunity Information
https://www.irs.gov/credits-deductions/businesses/opportunity-zones