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The City of Wichita Office of Economic Development offers a variety of incentive programs designed to broaden and diversify the tax base, encourage capital investment, create employment opportunities and provide the economic growth and welfare of the region.

The Wichita City Council has adopted an economic development policy which governs the use of incentives. The policy defines the eligibility criteria, required economic impact and return on investment. Industry sectors for which incentives may be used include:

  • Manufacturing
  • Service Sector
  • Research and Development
  • Warehousing and Distribution
  • Corporate Headquarters
  • Transportation
  • Commercial Redevelopment
  • Tourism
  • Affordable Housing
  • Medical Services

Opportunity Zones are an economic development tool enacted by the Federal Tax Cuts and Jobs Act of 2017 that offers local citizens the opportunity to invest back into their communities and proactively be a part of the solution to problems such as population decline, lack of jobs, and crumbling infrastructure.

For the investor, the Opportunity Zone program offers tax incentives to citizens who re-invest their unrealized capital gains into Opportunity Funds dedicated to investing in designated census tracts. The program provides deferral and reduction of capital gains taxes when the gain is invested in a Qualified Opportunity Fund and maintained for at least five years. Additional tax incentives are available for investments held for periods of seven and 10 years.

 View an interactive map of Opportunity Zones within the City of Wichita                    View a map of Opportunity Zones in Wichita



 Kansas Opportunity Zones Federal Opportunity Zones Act IRS Revenue Procedure 2018-16 KDC Information Sheet IRS Opportunity Zones FAQs​​​