East Central MN Opportunity Zones

   Opportunity Zone 101 Video

 

 

Is your project in an Opportunity Zone? Enter your address using this tool to find out!

The 2017 federal tax reform bill created a new investment tool named Opportunity Zones, which gives holders of capital gains certain tax breaks if they invest in projects that create economic opportunity within defined areas. Numerous communities had areas designated as Opportunity Zones through a competitive nomination process organized by the state. These areas include many of the region’s largest towns, Shovel Ready industrial parks, potential housing projects, and additional development opportunities for new or expanding businesses.

To take advantage of the tax breaks, holders of capital gains invest these assets into Opportunity Funds, which are listed below. It is also possible to create an Opportunity Fund to funnel capital into an individual project of interest to the funder.

To start the process, please contact your Opportunity Zone Administrator (contact info is located with maps of the Zones), or the East Central Regional Development Commission at (320) 679-4065 #29 / development@ecrdc.org.

Links to maps and contact information.

Local Opportunity Zone Contacts
Tract No. Communities Contact Phone Email
Chisago County
2702511103 North Branch Carla Vita 651-674-8113 Email
Chisago Co. Nancy Hoffman 651-674-5664 Email
Isanti County 
27059130301 Isanti Co. Janna King 651-633-4803 Email
Cambridge Stan Gustafson 763 552-3209 Email
Kanabec County
27065480300 Kanabec Co. Heidi Steinmetz 320-209-5031 Email
Mora Beth Thorp 320-225-4807 Email
Mille Lacs County
27095970100 Isle Jamie Hubbell 320-676-3641 Email
27095970200 Onamia Katy McCullum 320-532-3311 Email
27095970500 Milaca Tammy Pfaff  320-983-3141 Email
Mille Lacs Co. Michael Wimmer 320-983-8239 Email
Mille Lacs Band of Ojibwe Dustin Goslin 320-532-8155 Email
Pine County
27115950400 Sandstone Kathy George 320-245-5241 Email
27115950500 Hinckley Mark Perry 320-384-7491 Email
27115950700 Pine City Lezlie Sauter 320-629-2575 Email
Pine County David Minke 320-591-1621 Email

Opportunity Zone Resources

 

 

 

MN Department of Employment and Economic Development Opportunity Zone links:

Background Funds Resources Approved Zones Contact