§ 1400Z-1(a)

a qualified opportunity zone

UNDECIDED

0 of 3 settled

  1. 1

    § 1400Z-1(a)

    ALL OF
    “a population census tract”
    “is a low-income community” needs Step 2 Low-income community UNDECIDED
    “is designated as a qualified opportunity zone”
  2. 2

    § 1400Z-1(c)(1)

    Low-income community

    ANY OF

    The term “low-income community” means any population census tract if—

    “such population census tract has a median family income that— in the case of a population census tract not located within a metropolitan area, does not exceed 70 percent of the statewide median family income, or in the case of a population census tract located within a metropolitan area, does not exceed 70 percent of the metropolitan area median family income, or” § 1400Z-1(c)(1)(A)

    Step 3 income threshold for low-income community UNDECIDED

    “such population census tract— has a poverty rate of at least 20 percent, and has a median family income that— in the case of a population census tract not located within a metropolitan area, does not exceed 125 percent of the statewide median family income, or in the case of a population census tract located within a metropolitan area, does not exceed 125 percent of the metropolitan area median family income.” § 1400Z-1(c)(1)(B)
  3. 3

    § 1400Z-1(c)(1)(A)

    income threshold for low-income community

    ANY OF

    such population census tract has a median family income that—

    “such population census tract has a median family income” Opening words
    “in the case of a population census tract not located within a metropolitan area, does not exceed 70 percent of the statewide median family income, or” § 1400Z-1(c)(1)(A)(i)
    “in the case of a population census tract located within a metropolitan area, does not exceed 70 percent of the metropolitan area median family income, or” § 1400Z-1(c)(1)(A)(ii)