Updated Eligibility Data

On Oct. 31, 2017, the CDFI Fund released updated 2011-2015 American Community Survey (ACS) low-income community (LIC) data for the New Markets Tax Credit (NMTC) program. The new data can be used beginning Oct. 31, 2017, with a one-year transition period in which applicants can alternatively choose to use 2006-2010 data.

New Markets Tax Credit Low-Income Community Census Tracts - American Community Survey 2011-2015 (November 2, 2017)

New Markets Tax Credit 2011-2015 American Community Survey Census Transition FAQs (October 30, 2017)

List of NMTC-Eligible Census Tracts Located in Non-Metropolitan Counties

As part of its efforts to ensure that non-metropolitan counties receive a proportional allocation of qualified equity investments (QEIs) under the NMTC program, the CDFI Fund published this list identifying 6,488 NMTC-eligible census tracts located in non-metropolitan counties. The CDFI Fund says these census tracts qualify for NMTC investments because they have a poverty rate of at least 20% and/or a median family income that is at or below 80% of the applicable area median family income.

Counties and Metropolitan Statistical Areas

List of All Counties and Their Corresponding MSA

Targeted Populations and Communities

List of Qualifying NMTC Census Tracts Within High Migration Rural Counties

IRS Notice on Targeted Populations

List of Qualifying Counties and Eligible Low-Income Communities

Map of Gulf Opportunity Zones

Katrina Severely Damaged Census Tracts

Metropolitan and Micropolitan Statistical Areas of the United States and Puerto Rico, March 2020

This Census Bureau map shows metropolitan and micropolitan statistical areas, metropolitan divisions and their component counties.

Click to Visit Full-Size Census Bureau Version

Census 2000 Geographic Terms and Concepts

Metropolitan Area
The general concept of a metropolitan area (MA) is one of a large population nucleus. Each MA must contain either a place with a minimum population of 50,000 or a U.S. Census Bureau-defined urbanized area and a total MA population of at least 100,000 (75,000 in New England).

Urban
Within urban, you have urbanized areas and urban clusters. 

Urbanized area (UA)
An urbanized area (UA) consists of densely settled territory that contains 50,000 or more people.

Urban cluster (UC)
An urban cluster (UC) consists of densely settled territory that has at least 2,500 people but fewer than 50,000 people.

Rural
Rural consists of all territory, population, and housing units located outside of UAs and UCs.