Economic Development

Business Incentives

OPPORTUNITY ZONE

The Opportunity Zone tax incentive is a powerful tool meant to bring private capital to underserved communities. Governor Inslee nominated tract number 53073940000 in Washington State, which qualifies on both poverty rate and median family income. https://opportunitydb.com/zones/53073940000/

FOREIGN TRADE ZONE #128

In 1986, the Lummi Nation was awarded a Foreign Trade Zone (FTZ) designation. Since then, the Lummi Nation has owned FTZ #128, one of the only five FTZ's on an Indian Reservation, with two located on the U.S. West Coast. FTZ's allow for the import of foreign goods duty/tariff free. If a pre-described amount of value-added work is performed I the FTZ by American workers, the goods can then be shipped to U.S. markets at a removed or reduced tariff. Because of the reservation's proximity to Canada, the Lummi Nation saw the FTZ as the first step in becoming a regional portal to U.S./Canada trade. The nearby Port of Bellingham, also seeing the potential applied for and was awarded FTZ #129.

 

 

Available Documents

There are no documents currently available in the Business Incentives portion of the website.

Forecast
On-Reservation
Marine
(Rosario Strait)

  Gooseberry Tides

Data sourced from USDOC/NOAA/NOS/COOPS (Center for Operational Oceanographic Products and Services Disclaimer: The official Tide and Tidal Current prediction tables are published annually on October 1, for the following calendar year. Tide and Tidal Current predictions generated prior to the publishing date of the official tables are subject to change. The enclosed data are based upon the latest information available as of the date of your request. Tide and Tidal Current predictions generated may differ from the official predictions if information for the station requested has been updated since the publishing date of the official tables. For more information visit NOAA/COOPS website