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A Targeted Employment Area (TEA) is a region of the United States for which the threshold for investment for an investor to be eligible for the EB-5 visa is $500,000 or $900,000 (as opposed to the usual $1,800,000 threshold for the US as a whole), with a judge striking down the increase of the amount from $500,000 to $900,000 but USCIS website continuing to state it as $900,000.
A census tract, census area, census district or meshblock [1] is a geographic region defined for the purpose of taking a census. [2] Sometimes these coincide with the limits of cities , towns or other administrative areas [ 2 ] and several tracts commonly exist within a county.
Following the 1970 census, attribute-based measures were translated to purely statistical ones, defining "low-income areas" as census tracts with 20%–39% of inhabitants falling under the poverty line, and labeling areas with 40% or more impoverished inhabitants as "high" or "extreme" poverty. Calibration of household income statistics most ...
Varies from program to program, must be a first-time home buyer, veteran, or be purchasing a home in a targeted area to qualify for the first program. Buyer's credit score must be over 640 to ...
An Opportunity Zone is a designation and investment program created by the Tax Cuts and Jobs Act of 2017 allowing for certain investments in lower income areas to have tax advantages. The purpose of this program is to put capital to work that would otherwise be locked up due to the asset holder's unwillingness to trigger a capital gains tax .
Many tracts on the east side of Puget Sound, such as around the Tacoma and Seattle areas, rank in the 8 to 10 range. In the Yakima, Tri-Cities and Spokane regions, there are also many tracts that ...
The United States Office of Management and Budget (OMB) has defined 925 core-based statistical areas (CBSAs) for the United States and 10 for Puerto Rico. [1] The OMB defines a core-based statistical area as one or more adjacent counties or county equivalents that have at least one urban core area of at least 10,000 population, plus adjacent territory that has a high degree of social and ...
To qualify as an exurb in the Finding Exurbia report, a census tract must meet three criteria: Economic connection to a large metropolis. Low housing density: bottom third of census tracts with regard to housing density. In 2000, this was a minimum of 2.6 acres (11,000 m 2) per resident. Population growth exceeding the average for its ...