# Treasury Approves Virginia Opportunity Zones

The U.S. Department of the Treasury approved all 153 Opportunity Zone designations recommended by Virginia, effective January 1, 2027. The designations prioritize housing development, downtown revitalization, business-ready investment, and regional assets, potentially expanding project activity for developers and related service providers. The announcement does not identify a solicitation, contract award, or procurement schedule, so the designations are an investment signal rather than an active contracting opportunity.

- The approved areas may inform development and service-provider pipeline planning around housing, downtown revitalization, and regional assets.
- Companies can review the designated areas and Virginia’s stated priorities when assessing potential projects; the designations alone do not establish a government-funded contract or guarantee an award.
- The designations take effect **January 1, 2027**. No procurement deadlines or solicitation details were announced.

**Jurisdictions:** sled
**Industries:** Construction & Infrastructure
**Topics:** Physical Infrastructure
**Published:** November 07, 2026

### Government Entities
- U.S. Department of the Treasury (Treasury)
- Virginia Department of Housing and Community Development (DHCD)
- Virginia Economic Development Partnership (VEDP)
- Office of the Governor of Virginia

### Key Quotes
> Virginia is ready to harness the potential of Opportunity Zones. I worked closely with local leaders across Virginia to make sure we supported the priorities that mattered most to local communities. I am excited to see all of my recommendations accepted by the federal government, and I look forward to seeing the new investment and economic opportunity this will bring to our Commonwealth.
> — Abigail Spanberger, Governor of Virginia

### Sources
- [November Releases](https://www.governor.virginia.gov//newsroom/news-releases/2026/november-releases/name-1128093-en.html) - VA