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The largest grant awarded in the county was $1,877,654, to New Mexico Economic Development Department.
According to the Internal Revenue Service, opportunity zones were added to the tax code under The Tax Cuts and Jobs Act of 2017. The bill has come under some criticism for creating another big tax break for the ultra-wealthy.
The following table shows how much the EDA invested in projects in all counties in New Mexico in 2020.
Total awarded by county in New Mexico (2020)
Rank | County | Total |
---|---|---|
1 | Santa Fe County | $2,677,654 |
2 | McKinley County | $1,738,400 |
3 | Dona Ana County | $1,250,000 |
4 | Bernalillo County | $982,143 |
ORGANIZATIONS IN THIS STORY
Cundiyo• Nambe• Jacona• Tesuque• Madrid• San Ildefonso Pueblo• Eldorado At Santa Fe• Tesuque Pueblo• Cedar Grove• La Cienega• Sombrillo• Cuartelez• La Puebla• Lamy• City of Santa Fe• San Pedro• Cañada De Los Alamos• El Valle De Arroyo Seco• Agua Fria• El Rancho• Santa Cruz• Peak Place• Jaconita• Rio En Medio• Galisteo• Glorieta• Chupadero• Golden• Cuyamungue• Cuyamungue Grant• Pojoaque• Los Cerrillos
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