New Mexico: Opportunity Zones are Knocking
5 Aug 2019
SANTA FE, N.M. - The New Mexico Economic Development Department (NMEDD) has unveiled a new website so local governments, investors, businesses, and property owners can take advantage and connect with Opportunity Zone resources.
The state, along with NMEDD, designated 63 Opportunity Zones in 22 counties as part of the U.S. Government’s Tax Cuts and Jobs Act of 2017. The purpose of the tax law is to attract capital investment into economically distressed areas in exchange for a reduced tax obligation.
More Topics
Air travelers may soon have a choice to fly to either Denver or Houston from the Lea County Regional Airport, instead of just Houston.
Economic Development Corporation of Lea County board of directors chairman Finn Smith presented a proposal at Hobbs City Commission meeting to add Denver to the...
Here Carlsbad Department of Development, we want to keep in touch with our community members! That’s why, along with our highly interactive and resourceful website, we are also expanding to social media platforms! This will allow us to communicate with community members and business owners and allow us to keep...
Santa Fe is the biggest “boomtown” in the state of New Mexico, according to a self-described “money lifestyle website.” But cities like Rio Rancho, Carlsbad and Hobbs may be more deserving.
GOBankingRates released its list of the fastest-growing cities in each state, using five- and 10-year U.S. Census data...