West Texas Opportunity Zone Economic Initiative
The Opportunity Zone Regional Economic Agreement is a historic document representing the first grass-roots multi-city economic agreement for Opportunity Zones in the nation. The initiative will be signed and issued as a joint Proclamation from all participating government entities -- highlighting the worth a person’s word continues to carry in West Texas.
Communities joining this initiative will collaborate to ensure policy coordination for the promotion of West Texas Opportunity Zones and also contains four defined areas of focus:
The creation of a Regional Investment Prospectus.
Facilitating the creation of West Texas Opportunity Zone general or specific funds, such as rural housing.
Exploring and soliciting proposals for projects requiring multi-city coordination, such as renewable energy farms.
Sharing and coordinating policies to promote entrepreneurial activity inside of Opportunity Zones to grow our local business community and facilitate relocation.