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The only grant awarded in the county was $9,600,000, to Atlantic City.
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 Jersey in 2020.
Total awarded by county in New Jersey (2020)
| Rank | County | Total |
|---|---|---|
| 1 | Atlantic County | $9,600,000 |
| 2 | Cumberland County | $140,000 |
ORGANIZATIONS IN THIS STORY
City of Absecon• City of Brigantine• Town of Hammonton• City of Margate• Borough of Longport• City of Linwood• City of Ventnor• Mullica• City of Port Republic• Egg Harbor City City• Borough of Folsom• Mays Landing• City of Pleasantville• Elwood• City of Estell Manor• Collings Lakes• City of Somers Point• City of Northfield• Borough Of Buena• City of Corbin• Weymouth• Egg Harbor Township• Pomona• Smithville• City of Atlantic
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