After the passage of the Tax Cuts and Jobs Act of 2017, Governor Greg Abbott designated Nacogdoches, TX as an "Opportunity Zone."
Opportunity Zones are low income census tracts, and are only eligible for designation as Opportunity Zones by the Governor. The program allows a temporary deferral or permanent exclusion of capital gains tax based upon the amount of time those capital gains remain reinvested in an Opportunity Fund.
Thanks to this new program, Nacogdoches can offer its abundant resources as a prime destination for development, and site selectors will reap the benefits of incentives. Nacogdoches County enjoys a great potential for growth. Some of Texas’s most vital natural resources (water, natural gas, wood) are available in great abundance in Nacogdoches County. The location of Stephen F. Austin State University in Nacogdoches encourages technological innovation and will be an innovative partner for emerging technologies in the region. The Future I-69 corridor will be routed through Nacogdoches County, opening the County for developments which never before were available to the region, due to the lack of interstate highway access.