The Year of the Lord's Favor
The year of the Lord's favor is also known as the acceptable year of the Lord.
The Spirit of the Lord GOD is upon me; because the LORD hath anointed me to preach good tidings unto the meek; he hath sent me to bind up the brokenhearted, to proclaim liberty to the captives, and the opening of the prison to them that are bound; To proclaim the acceptable year of the LORD, and the day of vengeance of our God; to comfort all that mourn; To appoint unto them that mourn in Zion, to give unto them beauty for ashes, the oil of joy for mourning, the garment of praise for the spirit of heaviness; that they might be called trees of righteousness, the planting of the LORD, that he might be glorified.
- Isaiah 61:1-3 (KJV)
Note the reference to the day of vengeance of our God. That day is yet to come.
During the old covenant the year of the Lord's favor referred to the last year of a 50 year period, e.g. a Jubilee year. During a Jubilee year sins were forgiven, debts were cancelled, etc.
During the new covenant it is always the "year" of the Lord's favor, e.g. we can always go to God for forgiveness of our sins.
Jesus specifically announced the fulfillment of the year of the Lord's favor.
And he came to Nazareth, where he had been brought up: and, as his custom was, he went into the synagogue on the sabbath day, and stood up for to read. And there was delivered unto him the book of the prophet Esaias. And when he had opened the book, he found the place where it was written, The Spirit of the Lord is upon me, because he hath anointed me to preach the gospel to the poor; he hath sent me to heal the brokenhearted, to preach deliverance to the captives, and recovering of sight to the blind, to set at liberty them that are bruised, To preach the acceptable year of the Lord. And he closed the book, and he gave it again to the minister, and sat down. And the eyes of all them that were in the synagogue were fastened on him. And he began to say unto them, This day is this scripture fulfilled in your ears.
- Luke 4:16-21 (KJV)
Since then the "year" of the Lord's favor is ongoing. It will end shortly before the second coming of Jesus.
(For he saith, I have heard thee in a time accepted, and in the day of salvation have I succoured thee: behold, now is the accepted time; behold, now is the day of salvation.)
- 2 Corinthians 6:2 (KJV)
Do not miss out.
Seek ye the LORD while he may be found, call ye upon him while he is near:
- Isaiah 55:6 (KJV)