Location, Phone, and Hours

500 Market Street, 2nd Floor
Monday - Friday 8:00 a.m. - 5:00 p.m.

Johanna Nelson
Director, Office of Economic Development

Casey Dalbor
Business Growth Manager

Liz Camacho 
Economic Development and Communications Administrator

Loretta S. Olguin
Business Operations Manager 

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Federal Opportunity Zones - A New Initiative for The City Of Santa Fe

Federal Opportunity Zones (QOZs) is a new community development program established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide. The QOZ program provides a tax incentive for investors to re-invest their unrealized capital gains into Opportunity Funds (QOFs) that are dedicated to investing into QOZs designated by the chief executives of every U.S. state and territory.

The City of Santa Fe submitted seven economically-distressed census tracts for designation as opportunity zones to the Governor’s office. Governor Martinez then approved five of the Santa Fe census tracts for designation to the US Treasury. Finally, designation approval was received by U.S. Treasury in June 2018.

Click here to learn how the Opportunity Zones program works, as well as its history and community of supporters. More information and resources are listed on our QOZ page - click here