Treasury Department Designates 25 New Hampshire Opportunity Zones

The federal government has approved 25 census tracts in New Hampshire to receive economic development tax incentives.

Updated on Oct. 27, 2026 in Regional Economics

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The U.S. Treasury Department has officially designated 25 census tracts in New Hampshire as opportunity zones, eligible for new federal economic tax incentives. AI Illustration. Upload story photo >

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The U.S. Treasury Department officially approved 25 census tracts in New Hampshire for the federal opportunity zone program. These designations aim to spur economic development by incentivizing private investment in underserved areas.

Why it matters

The program encourages investors to direct capital gains into designated low-income census tracts to support community redevelopment. It provides a structured federal pathway for private funding to reach distressed regions across the state.

The Treasury Department selected 25 census tracts from 53 eligible sites submitted by the state. At least 17 of these approved tracts are located within rural communities.

The players

Donald Trump

Donald Trump is the current President of the United States who signed the original 2017 opportunity zone legislation and the 2025 One Big Beautiful Bill Act.

U.S. Treasury Department

The U.S. Treasury Department is the federal executive agency responsible for managing the opportunity zone designation process and reviewing state-submitted proposals.

Department of Business and Economic Affairs

The New Hampshire Department of Business and Economic Affairs is the state agency that identified and submitted potential census tracts for the federal program.

The details

The state Department of Business and Economic Affairs proposed the list of locations across 10 counties for federal consideration earlier this year. Investors participate by reinvesting capital gains into qualified opportunity funds focused on these specific areas.

Timeline

  1. President Donald Trump signed the original opportunity zone program into law in 2017.

  2. The One Big Beautiful Bill Act, which enacted program changes, was signed in July 2025.

  3. New Hampshire officials submitted their list of proposed census tracts earlier in 2026.

  4. The Treasury Department announced the final approval of the 25 designations on October 27, 2026.

Macro View

The designation of these zones follows the regulatory framework established by the One Big Beautiful Bill Act. This latest approval aligns with the broader push to modernize investment tools compared to historical economic development cycles.

These designations may increase the availability of private capital for new business projects and community improvements in your area. Residents should monitor local planning boards for redevelopment proposals that leverage these federal tax benefits.

The takeaway

These zones offer a specific mechanism for channeling private investment into under-resourced communities across the state. Investors and local leaders are now tasked with utilizing these incentives to meet long-term economic development goals.

Further reading

For more information on the local economic impacts of these designations, visit the New Hampshire Regional Economics page.

Source note: This article includes information reported by KPVI.

Live Poll

Do you believe federal opportunity zone tax incentives effectively help distressed communities grow?