Opportunity Zones

On May 3, 2018, New Hampshire Gov. Chris Sununu nominated 27 census tracts to be designated as Opportunity Zones, a federal program encouraging economic development and investment in low income areas around the country.

Investors can defer capital gains on earnings that have been reinvested in the zones through Opportunity Funds. Opportunity Funds are private sector investment vehicles that invest at least 90 percent of their capital in Opportunity Zones. Long-term investments maintained for over 10 years do not have to pay additional capital gains taxes on earnings from Opportunity Zone investments.

In New Hampshire, the areas nominated include tracts and contiguous tracts, ranging from the Manchester Millyard, downtown Rochester and tracts in the Seacoast, to the White Mountains and the North Country.

The nominations have been forwarded to the U.S. Treasury Department, which has 30 days to designate these tracts as Opportunity Zones. Check to this website for more information as it becomes available.OppZoneSelectionsOnly5-4.jpg

*NEW* 10/23/18

Opportunity Zone Guidance and Regulations

US Department of Treasury news release
Guidance from the US Department of Treasury
Route 50: Treasury Releases Highly Anticipated Rules for Opportunity Zones

What’s Next? Opportunity Zone Review
for New Hampshire Communities -
10/2/18 Training

Powerpoint presentation
Opportunity Zones investment information
Key Considerations to Prepare Communities for Opportunity Zone Investments

Designated Census Tracts
Census Tracts Designated
New Hampshire Nominated Opportunity Zones
Map of Census Tracts Nominated
(downloadable pdf)
Opportunity Zone Nominating Criteria
Opportunity Zones News Release
Opportunity Zone Resources

Frequently Asked Questions