Opportunity Zones in Lodi: What Happened Under OZ 1.0 and What to Watch For Under OZ 2.0

Back in 2018, the federal government designated downtown Lodi (Census Tract 44.03) as an Opportunity Zone — a federal tax break meant to pull private investment into low-income neighborhoods. Eight years later, no documented investment ever arrived. No fund, no project, no dollar. That outcome, detailed in the body of this report, is the direct reason the City shifted its OZ 2.0 nomination to South Lodi (Census Tract 45.02).

Now there is a new round — Opportunity Zones 2.0 — with a redesigned program and a July 25, 2026 application deadline. Whether it brings actual investment to South Lodi depends on a set of concrete steps that residents should know about and watch for.