The program, which hasn’t been finalized, is drawing interest from regional, state and economic development officials, as well as developers and nonprofit organizations that could benefit from it.

Across the U.S., there are more than 8,700 opportunity zones. In King County, there are more than 113,200 people living in 23 designated opportunity zones.

When opportunity zones were approved in 2017, they were touted as a way to create jobs and inject capital into low-income neighborhoods by attracting investments through a federal tax break. But ...

“The creation of Opportunity Zones was a critical component of our new tax law that will help to develop and revitalize distressed communities,” LaMalfa, R-Richvale, said in a statement.

In King County, there are more than 113,200 people living in 23 designated opportunity zones. Most of them lie in central and south Seattle and South King County cities like Burien, Tukwila and ...