Opportunity Zones were enacted as part of the 2017 tax reform package (Tax Cuts and Jobs Act) to address uneven economic recovery and persistent lack of growth that have left many communities across the country behind. In the broadest sense, the newly enacted federal Opportunity Zone (OZ) is a federal tax incentive for investors to invest in low-income urban and rural communities through the favorable treatment of reinvested capital gains and forgiveness of tax on new capital gains.

This economic and community development tax incentive program provides a new impetus for private investors to support distressed communities through private equity investments in businesses and real estate ventures. The incentive is deferral, reduction and potential elimination of certain federal capital gains taxes.

WHAT IS OPPORTUNITY ZONES? (PDF-214 KB)           ALL-STAFF PRESENTATION (PDF-1.4 MB)

Administration

Overview of Pueblo

Pueblo County is located at the base of the Rocky Mountains, 100 miles south of Denver, along Interstate 25 and US Highway 50...

 

Administration

Opportunity Zone Focus

9 Opportunity Zones
 Mesa Junction
 Evraz Steel Mill
  St. Charles Industrial Park
 Lake Minequa

 
Administration

INDUSTRIES

Pueblo County/City is home to multiple industrial manufacturing enterprises with opportunities for growth and redevelopment...

 

Administration

Incentives

Local Incentives
 State Incentives
 Federal Incentives