

For Businesses
Financial Resources: 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. If you need additional financing

For 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. Build a

For 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. Must hold at least 90% of their assets in

For 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.
Opportunity Zones Map:
Featured Projects:
- Albuquerque, Bernalillo County: The Ward’s Building, situated within Winrock Town Center, is the next phase within this highly anticipated multi-phased project. The completed project will have approximately 1.25 million square feet of retail, health and entertainment space, 550 residential units, 150 hotel rooms and several thousand square feet of office space. The project seeks $20 million in Opportunity Zone equity.
- Santa Fe, Santa Fe County: Along with Cerrillos Road and Airport Road, the General Plan classifies the portion of St. Michael’s Drive between Cerrillos Road and St. Francis Drive as a “Redevelopment Corridor” to provide opportunities for redevelopment by providing incentives for use intensification.
- Sierra County: Spaceport America – the world’s first purpose built commercial spaceport. With a secure campus of 18,000 acres of land and 6,000 square miles of protected airspace, Spaceport America is an ideal location for the emerging commercial space industry to research, design, manufacture, test and launch. The North and East campuses are now open and ready for both build-to-suit tenancy and ad-hoc flight test campaigns. The spaceport authority is investing on infrastructure and hangar/testing space for lease but is open to negotiating with private developers who are interested in building out facilities for specific end user or aerospace leases.
- Tucumcari, Quay County: The City of Tucumcari has completed all preliminary work and currently has construction-ready engineered drawings to address a major redesign of three blocks within the Tucumcari MainStreet Downtown District. The final project estimated cost is $1,331,347.