To help elevate policy discussion about Targeted Employment Areas (“TEAs”), IIUSA is pleased to present two interactive maps that visualize the impacts of two proposed definitions of reforming TEA urban areas on various legislative text.

The criteria to re-define TEA in urban area include:

1) PRIORITY URBAN INVESTMENT AREA criteria. — Proposed on the EB-5 Reform Act (IIUSA received on 3/14/2018, view the full legislative draft here at the member portal), the term ‘priority urban investment area’ means an area consisting of a census tract or adjacent tracts (each tract being in a metropolitan statistical area), but only if each census tract in the area meets at least two of the following criteria (based on the most recent five year estimates of the American Community Survey):

  • a poverty rate that is at least 30%;
  • a median family income (MFI) that is not more than 60% of statewide equivalent MFI or MSA-wide MFI;
  • an unemployment rate that is at least 150% of the national average.

2) NEW MARKET TAX CREDIT criteria: A census tract that has the following characteristics:

  • a poverty rate that is at least 25%;
  • a median family income (MFI) that is not more than 70% of statewide equivalent MFI or MSA-wide MFI;
  • an unemployment rate that is at least 125% of the national average.

 

Note: The interactive map on this webpage presents the hypothetical TEA qualifications for geographic areas and EB-5 project samples for policy discussion on potential reforms for TEA. Nothing on the map should be considered as the official TEA designation of any geographic areas nor EB-5 projects under the current law.

DOWNLOAD IIUSA’S COMPREHENSIVE ANALYSIS ON TEA POLICY PROPOSALS

TEA Census Tract Maps

The interactive maps below visualize all census tracts that would be qualified as a TEA based on a variety of policy scenarios. Use the tab to view the TEA census tract maps under different policy proposals (the Priority Urban Investment Area criteria versus the New Market Tax Credit criteria).

Note: The census tracts data are considerably massive , it could take a few moments for the map to load. Please do not refresh the webpage.


Fullscreen Map
Hover the census tracts for more details.
Tips: Use the search tool to check whether an address (e.g. “300 New Jersey Ave, Washington, DC”) is located within a TEA census tract.


Fullscreen Map
Hover the census tracts for more details.
Tips: Use the search tool to check whether an address (e.g. “300 New Jersey Ave, Washington, DC”) is located within a TEA census tract.


Questions/Comments on Analytic Mapping Tool?  Contact IIUSA at tech@iiusa.org.

Questions/Comments on TEA policy?  Contact IIUSA at advocacy@iiusa.org.


TEA Policy Proposals Analysis

Percentage of total U.S. census tracts within an MSA (“urban census tracts”) would be qualified as TEAs under:

Data Source: 2012-2016 American Community Survey (ACS) 5-Year Estimate

Table S2301: Unemployment Status; Table S1701: Poverty Rate; and Table B19113: Median Family Income from U.S. Census Bureau Fact Finder website (http://factfinder2.census.gov).

Census Tracts TEA Dataset

All data you need to check TEA qualification of any census tract(s).

Based on the 2012-2016 American Community Survey 5-year estimates, this comprehensive dataset consists of 19 variables, ranging from unemployment rate to population, of all 73,056 census tracts in U.S., providing all data you would need to check whether any census tract would meet any TEA criteria. This is also the underlying data of IIUSA’s interactive TEA policy maps.

Download a sample of the full dataset below, or purchase the entire dataset to elevate your business strategy.

DOWNLOAD A SAMPLE OF THE TEA DATASET

TEA Report: Policy Proposals Comparative Analysis by State 

How TEA policy proposals will shape the  future landscape of the EB‐5 Regional Center Program 

The report takes a comprehensive look at how all of the policy proposals to reform TEA (including new market tax credit inspired methodologies and the “contiguous and adjacent” method). The results are compelling and comprehensive, demonstrating how different approaches would affect stakeholders, projects, geographies, and metropolitan areas throughout the U.S.

In addition, the report also included the state‐by‐state analyses, in which you will be able to compare the impact of different policy proposals by:

  • TEA qualifications of EB‐5 project samples located in that state;
  • TEA qualifications of the census tracts in major cities of that state; and
  • Images of the TEA policy maps for the major cities of each state

This is a comprehensive analysis to enable Congressional leaders and industry stakeholders to come to rational, fact-based discussion on reforming TEA.

DOWNLOAD THE FULL REPORT

Questions/Comments on TEA policy? Contact IIUSA at advocacy@iiusa.org.

Issue with a project listing? Contact IIUSA at tech@iiusa.org.

Mapping tool & data analysis prepared by: Lee Li, Policy Analyst, IIUSA