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Raymond, South Bend re-designated as Opportunity Zones
Chinook Observer reports that census tracts covering the Raymond and South Bend communities are included in Washington's 99 nominations for the next Opportunity Zone program, expected to begin in January 2027. Both Pacific County tracts also participate in the original program.
The county's Economic Development Council submitted three tracts for consideration, according to executive director Sue Yirku. The third tract, covering Ilwaco, Seaview and the outskirts of Long Beach, was not selected. Yirku attributed the more limited selection process to tighter eligibility requirements under the new program.
Research considerations
Opportunity Zone coverage can include fund launches, development activity, fundraising, or policy changes. The underlying project and business plan matter alongside the tax framework. Separate the source’s reported development from assumptions about a particular fund or investor.
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This Sequoia Research summary was prepared with AI assistance from the credited source. It is not independent verification of the source’s claims. The original publisher retains authorship of its reporting; follow the source link for the complete article.
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