Exciting news for the future of south Forney and Historic Downtown Forney!
A portion of south Forney, including part of Historic Downtown, has officially been designated as a Qualified Opportunity Zone (QOZ) by the U.S. Department of the Treasury, effective January 1, 2027.
The designation follows a nomination submitted by the Forney Economic Development Corporation (FEDC) as part of the State of Texas selection process. The designation will remain in effect through 2036.
The designated area includes several properties with redevelopment potential, including 118 and 120 Main Street, creating exciting opportunities for new development, reinvestment, and revitalization.
Opportunity Zones encourage long-term private investment by offering federal tax incentives to qualifying investors who reinvest capital gains into eligible projects and businesses.
For Forney, this designation represents another tool to help attract private investment, support local businesses, encourage redevelopment, and strengthen the future of our historic downtown.
📍 Explore the designated Opportunity Zone here.
Map Source: Texas Economic Development & Tourism Office, ArcGIS
