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Opportunity Zones

Information about Opportunity Zones in Albuquerque, NM

The Opportunity Zones are meant to spur economic development and job creation in distressed communities by providing tax benefits to investors. Investors receive capital-gains tax deferral, reduction in basis for long-term investments and other tax incentives. Investments made by individuals through Qualified Opportunity Funds in these zones would be allowed to defer or eliminate Federal taxes on capital gains. Investors can get the tax benefits, even if they don’t live, work or have a business in an Opportunity Zone.

In Albuquerque, 14 census tracts were designated as Opportunity Zones for the next 10 years, through 2026.

The City of Albuquerque is committed to taking full advantage of the Opportunity Zone benefits and is proactively working with investors, developers, businesses, and other stakeholders to provide information and assistance.

Investments are not administered or overseen by the City of Albuquerque.

Prospectus

Use the prospectus to learn about our community and each unique Opportunity Zone.

Map

Use the interactive map at the link below to locate Opportunity Zone tracks and overlay incentives and key indicators.

ABQ Opportunity Zone Interactive Map

NM Opportunity Zones

Learn more about Opportunity Zones in New Mexico from the New Mexico Economic Development Department.

Information on State Opportunity Zones
NM Opportunity Zone Hub
Bernalillo County Opportunity Zones

Contact

City of Albuquerque
Economic Development Department
Business Development
Monica Mitchell, Sr. Economic Developer
505-768-3226 [email protected]