An easier way to find funding. 

Opportunity Zones

New Mexico has 63 designated Opportunity Zones (aka OZ tracks). The resources on this page will connect you to the right OZ for your project.

Connecting Resources & Projects

Business

Businesses

 Investments made into an OZ project must be made with a qualified OZ Fund. We compiled a list of OZ funds HERE. You can also access Novogradac’s comprehensive list of OZ funds HERE. 

community

Communities

You have an OZ, now what? Learn what an OZ is and how they work. Establish a community leader who can take charge of the OZ and interact with investors and engage the community. Create an OZ strategy. 

Investors

What is an Opportunity Fund? Must be certified by the U.S. Treasury Department.  Must be organized as a corporation or partnership for the purpose of investing in Qualified Opportunity Zone Property. 

Partners

NM OZ Interagency Task Force: FundIt-Community is a collaborative group composed of over 15 Federal and State funding agencies, Council of Government Directors, NMEDD Regional Reps and Community Foundations. The group meets quarterly to reveiw community/economic developent and infrastructure projects.

Ways to Participate

Visit the Community Forum

Collaborate, learn and connect with our public forum:

Ready to apply?

Check out the steps to submitting a proposal:

Discover New Mexico's Opportunity Zones

Use the map below to locate OZ tracks and corresponding OZ project details and contact information. You can also access our NM Project Pipeline for a list of all NM OZ projects. Click on an OZ area for a pop-up with a link to the projects!

Opportunity Zones LEDA Job Bonus

To encourage development in NM Opportunity Zones, EDD is offering an incentive as a part of LEDA. New Mexico will guarantee an additional $1 million in LEDA funding to projects locating in an Opportunity Zone if they meet specific criteria:

  • The project must be in one of the nine key industry sectors outlined by the Governor: aerospace, biosciences, cybersecurity, film & television, global trade, intelligent manufacturing, outdoor recreation, sustainable & green energy and sustainable value-added agriculture.
  • Investment must create a minimum of $2.5 million dollars in annual payroll with average annual salaries greater than 2% above the county average as defined by the Bureau of Labor statistics QCEW Data; if located in Santa Fe, Albuquerque or Rio Rancho, investment must create a minimum of $3.5 million dollars in annual payroll with average annual salaries greater than 2% above the county average as defined by the Bureau of Labor statistics QCEW Data.
  • Must commit to a 10-year agreement.
  • Must have a capital investment of $10 million or higher; if located in Santa Fe, Albuquerque or Rio Rancho $15 million or higher.
  • The project must be an expansion or out-of-state relocation.