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Fresno Leader

Friday, March 14, 2025

EDA awards over $2 million in grants for economic development projects in Fresno County in 2020

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The US Economic Development Administration (EDA) awarded $2,428,500 total in Opportunity Zone grants in 2020 in order to fund economic development projects in Fresno County.

The only grant awarded in the county was $2,428,500, to Orange Cove.

According to the Internal Revenue Service, opportunity zones were added to the tax code under The Tax Cuts and Jobs Act of 2017. The bill has come under some criticism for creating another big tax break for the ultra-wealthy.

The following table shows how much the EDA invested in projects in all counties in California in 2020.

Total awarded by county in California (2020)
RankCountyTotal
1Los Angeles County$11,200,000
2Fresno County$2,428,500
3Napa County$189,675

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