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OZ 2.0 | State Resource

Alaska

Designated · 25 tracts

Last checked 2026-06-16

25

Designated tracts (of 33 eligible)

17

Rural designated — QROF treatment

11

Former OZ 1.0 tracts redesignated

57

Days until designations take effect

How Alaska chose

Treasury published the final list on October 30, 2026. Alaska designated 25 of 33 eligible tracts, its full allocation, in 14 of 16 counties with eligible tracts. Designations take effect January 1, 2027 and run through December 31, 2036. Treasury's October list has 1 more eligible tract here than the April appendix, qualified under its missing-data rules; 1 was designated.

Compared with the eligible tracts it passed over, Alaska favored less dense tracts, less populous tracts and passed over tracts with prior NMTC deals.

Trait Designated Passed over
Former OZ 1.0 tract 44% 25%
Rural (QROF) 68% 50%
Urban Institute Tier 1 0% 0%
Median poverty rate 17.3% 13.6%
Median family income, % of area 56% 62.3%
Residents of color (mean) 62.5% 71.4%
Median density, people / sq mi 1 3,968

Poverty and income: Treasury's own eligibility figures (ACS 2020–2024). Demographics: ACS 2020–2024. Former OZ 1.0 = at least half the tract's land area was in a 2018 QOZ. How every state compares →

16 OZ 1.0 tracts in Alaska were not redesignated. They stay OZ 1.0 zones through December 31, 2028, but under Notice 2026-40 new capital after 2026 generally cannot enter them except under a working capital safe harbor plan adopted by December 31, 2026. If a project in one of these tracts is mid-stream, that deadline is the one that matters. The county table below shows where they are. Transition rules →
Record: how Alaska ran its nomination input process

Nomination process

The lead agency has been identified, but no public process has been published yet. Contact information is below.

DCCED is Alaska's confirmed lead agency for OZ 2.0. The state did run a formal public notice and written-comment period — a "Proposed Statewide Economic Development Opportunity Zones 2026 Map" — published around April 16, 2026 with comments due April 30, 2026, but that window has closed and no successor application or portal has appeared. Email dcced.commissioner@alaska.gov today — that is the general commissioner's inbox, so address your message to the economic development staff and ask specifically who is coordinating OZ 2.0 nominations and whether late input is still possible; attach a one-page summary of your eligible tracts and their development readiness. With only 32 eligible tracts statewide and a minimum designation floor of 25, Alaska's choices are unusually constrained; watch the governor's office for any executive order or RFP that formalizes the selection process before the July 1, 2026 federal window opens.

Map: designated and eligible tracts

Loading 33 eligible tracts…

View on EIG map → Treasury designation files (XLSX) Source: Treasury 2027 QOZ designations (Oct. 30, 2026) · IRS Rev. Proc. 2026-14 · EIG DCI 2023 · FFIEC CRA 2025 · Urban Institute 2026

Designated tracts by county

The county is usually the first local partner on an OZ deal — zoning, infrastructure, incentives. CDEs listed are New Markets Tax Credit allocatees that have already financed deals inside this county's designated tracts: the organizations with a working track record of underwriting there.

County Designated / eligible Rural OZ 1.0 kept / lost Residents NMTC CDEs active in designated tracts
Anchorage Municipality 8 / 12 — 4 / 5 27,322 Alaska Growth Capital BIDCO, Inc.; Consortium America, LLC; USBCDE, LLC
Yukon-Koyukuk Census Area 3 / 3 3 0 / 1 3,453 Alaska Growth Capital BIDCO, Inc.; Travois New Markets, LLC
Fairbanks North Star Borough 2 / 3 2 1 / 2 4,610 Alaska Growth Capital BIDCO, Inc.
Matanuska-Susitna Borough 2 / 2 2 0 / 2 8,026 Alaska Growth Capital BIDCO, Inc.
Aleutians West Census Area 1 / 1 1 1 / 0 679 —
Bethel Census Area 1 / 2 1 1 / 0 1,290 —
Kodiak Island Borough 1 / 1 1 0 / 0 804 —
Kusilvak Census Area 1 / 1 1 0 / 0 8,176 National Community Fund I, LLC
Lake and Peninsula Borough 1 / 1 1 0 / 0 1,013 —
Nome Census Area 1 / 1 1 1 / 0 5,918 Alaska Growth Capital BIDCO, Inc.
Northwest Arctic Borough 1 / 1 1 1 / 0 4,457 —
Prince of Wales-Hyder Census Area 1 / 1 1 1 / 1 2,268 —
Southeast Fairbanks Census Area 1 / 1 1 0 / 0 2,449 —
Wrangell City and Borough 1 / 1 1 1 / 0 2,088 —
Aleutians East Borough 0 / 1 — 0 / 1 — —

Counties with no designated tracts are listed only if they lost OZ 1.0 tracts. NMTC: CDFI Fund NMTC public data release. 5 distinct CDEs across Alaska's designated tracts.

Find projects and partners in the designated tracts

Every designated tract in Alaska, tagged by the signals that point to a project type or a partner. Pick tags to narrow the list — a tract must carry every tag selected. Tags are simple published rules, not a score; hover a tag for its definition.

25 of 25 tracts shown

Download all eligible tracts, national (CSV) →
Tract County Pov. MFI Pop. Rent. Vac. Signals Prior NMTC CDEs
02016000100 St. Paul ANVSA|St. George ANVSA|Nikolski ANVSA|Atka ANVSA Aleutians West Census Area 25.1% 85% 679 42.7% 67%
Rural / QROFFormer OZ 1.0CRA-eligibleTribalHigh vacancy
—
02020000500 Anchorage Municipality 17.3% — 1,722 77.4% 14.8%
Added Oct. 2026
—
02020000601 Anchorage Municipality 57.4% 35.1% 4,301 70.9% 14.1%
Former OZ 1.0NMTC track recordCRA-eligible
Alaska Growth Capital BIDCO, Inc.; Consortium America, LLC
02020000703 Anchorage Municipality 12.6% 58.7% 4,364 47.4% 20.5%
Former OZ 1.0High vacancy
—
02020000901 Anchorage Municipality 33.5% 48.2% 4,614 58.6% 19.4%
CRA-eligibleHousing pressureHigh vacancy
—
02020001000 Anchorage Anchorage Municipality 10.7% 51.3% 2,983 78.9% 23.5%
Former OZ 1.0NMTC track recordCRA-eligibleHigh vacancy
Alaska Growth Capital BIDCO, Inc.; USBCDE, LLC $1.2M · 4 deals
02020001100 Anchorage Municipality 33.5% 53.8% 953 68.2% 16.5%
NMTC track recordHousing pressureHigh vacancy
Alaska Growth Capital BIDCO, Inc.; Consortium America, LLC $14.8M · 4 deals
02020002000 Anchorage Municipality 33.7% 45.9% 3,509 76.5% 19.7%
Former OZ 1.0CRA-eligibleHigh vacancy
—
02020980100 Anchorage Municipality 5.5% 66.7% 4,876 100% 1.8%
CRA-eligibleHousing pressure
—
02050000300 Crooked Creek ANVSA|Lime Village ANVSA|Georgetown ANVSA|Napaimute ANVSA|Red Devil ANVSA|Sleetmute ANVSA|Aniak ANVSA|Chuathbaluk ANVSA|Stony River ANVSA|Kalskag ANVSA|Lower Kalskag ANVSA Bethel Census Area 24.1% 52.3% 1,290 38.6% 48.8%
Rural / QROFFormer OZ 1.0CRA-eligibleTribalHigh vacancy
—
02090000100 Fairbanks North Star Borough 27.7% 88.1% 1,241 79.7% 24.5%
Rural / QROFFormer OZ 1.0NMTC track recordHousing pressureHigh vacancy
Alaska Growth Capital BIDCO, Inc. $40.3M · 1 deal
02090980100 Fairbanks North Star Borough 6.6% 63.9% 3,369 91.4% 6.4%
Rural / QROFHousing pressure
—
02150000400 Kodiak Island Borough 13.6% 41.5% 804 71% 14.3%
Rural / QROFCRA-eligible
—
02158000100 Mountain Village ANVSA|Chuloonawick ANVSA|Alakanuk ANVSA|Andreafsky ANVSA|Paimiut ANVSA|Nunam Iqua ANVSA|Ohogamiut ANVSA|Hooper Bay ANVSA|Emmonak ANVSA|Russian Mission ANVSA|Hamilton ANVSA|Marshall ANVSA|Kotlik ANVSA|Bill Moore's ANVSA|Algaaciq ANVSA|Pilot Station ANVSA|Pitkas Point ANVSA|Chevak ANVSA|Scammon Bay ANVSA Kusilvak Census Area 32.4% 47.1% 8,176 30.2% 18.3%
Rural / QROFNMTC track recordCRA-eligibleTribalHigh vacancy
National Community Fund I, LLC
02164000100 Anchorage Lake and Peninsula Borough 12.8% 61.2% 1,013 34.6% 75.8%
Rural / QROFCRA-eligibleTribalHigh vacancy
—
02170000102 Chickaloon ANVSA|Knik ANVSA Matanuska-Susitna Borough 15.8% 57.1% 2,509 22.4% 61.3%
Rural / QROFNMTC track recordCRA-eligibleTribalHigh vacancy
Alaska Growth Capital BIDCO, Inc. $1.5M · 1 deal
02170000800 Knik ANVSA Matanuska-Susitna Borough 21.3% 98.4% 5,517 59.1% 6.1%
Rural / QROFTribalHousing pressure
—
02180000100 Elim ANVSA|Stebbins ANVSA|St. Michael ANVSA|Council ANVSA|Shishmaref ANVSA|Unalakleet ANVSA|Gambell ANVSA|Solomon ANVSA|Savoonga ANVSA|Koyuk ANVSA|Golovin ANVSA|Brevig Mission ANVSA|Inalik ANVSA|Wales ANVSA|White Mountain ANVSA|Teller ANVSA|Shaktoolik ANVSA|Mary's Igloo ANVSA|Nome ANVSA Nome Census Area 30% 48.6% 5,918 24.8% 29.5%
Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligibleTribalHigh vacancy
Alaska Growth Capital BIDCO, Inc. $0.3M · 1 deal
02188000100 Noatak ANVSA|Kobuk ANVSA|Ambler ANVSA|Shungnak ANVSA|Deering ANVSA|Kivalina ANVSA|Selawik ANVSA|Noorvik ANVSA|Kiana ANVSA|Buckland ANVSA Northwest Arctic Borough 20.2% 59% 4,457 22.9% 40.8%
Rural / QROFFormer OZ 1.0CRA-eligibleTribalHigh vacancy
—
02198000100 Kake ANVSA|Kasaan ANVSA|Hydaburg ANVSA Prince of Wales-Hyder Census Area 13.7% 51.1% 2,268 28.6% 36.2%
Rural / QROFFormer OZ 1.0CRA-eligibleTribalHigh vacancy
—
02240000100 Tetlin ANVSA|Tanacross ANVSA|Northway ANVSA|Eagle ANVSA|Dot Lake ANVSA Southeast Fairbanks Census Area 16.5% 55.9% 2,449 29.2% 34.4%
Rural / QROFCRA-eligibleTribalHigh vacancy
—
02275000300 Wrangell ANVSA Wrangell City and Borough 12.1% 68.5% 2,088 40.9% 25.1%
Rural / QROFFormer OZ 1.0CRA-eligibleTribalHigh vacancy
—
02290000100 Circle ANVSA|Canyon Village ANVSA|Beaver ANVSA|Arctic Village ANVSA|Venetie ANVSA|Chalkyitsik ANVSA|Birch Creek ANVSA|Fort Yukon ANVSA Yukon-Koyukuk Census Area 19.5% 49% 1,155 17.1% 41.3%
Rural / QROFCRA-eligibleTribalHigh vacancyPersistent poverty
—
02290000300 Nulato ANVSA|Huslia ANVSA|Kaltag ANVSA|Galena ANVSA|Alatna ANVSA|Allakaket ANVSA|Ruby ANVSA|Koyukuk ANVSA|Hughes ANVSA Yukon-Koyukuk Census Area 15.9% 56.1% 1,469 32.4% 32.2%
Rural / QROFNMTC track recordCRA-eligibleTribalHigh vacancyPersistent poverty
Travois New Markets, LLC $0.3M · 1 deal
02290000400 McGrath ANVSA|Holy Cross ANVSA|Takotna ANVSA|Anvik ANVSA|Shageluk ANVSA|Grayling ANVSA|Nikolai ANVSA|Lake Minchumina ANVSA|Telida ANVSA Yukon-Koyukuk Census Area 17% 67.3% 829 26% 48.1%
Rural / QROFNMTC track recordCRA-eligibleTribalHigh vacancyPersistent poverty
Alaska Growth Capital BIDCO, Inc. $0.3M · 1 deal

Reading the signals for projects

  • Rural / QROF — a rural QOF investment gets a 30% basis step-up at five years, and existing buildings need only 50% improvement. Rehab of existing stock pencils here in ways it does not elsewhere. Mechanics →
  • Housing pressure — mostly renters, most of them cost-burdened. Housing deals here have demand; they also carry displacement risk, which is where community benefit terms matter.
  • High vacancy — vacant structures to bring back. Pair with the 50% rural improvement threshold where both apply.
  • UI Tier 1 — the Urban Institute's read that private capital is likely to come and the impact would be larger.

Reading the signals for partners

  • NMTC track record — the listed CDEs have underwritten deals in this exact tract. They know the market and can layer NMTC with OZ equity. How they stack →
  • CRA-eligible — bank investment here earns CRA credit. Start with community development officers at banks with branches in the county.
  • Former OZ 1.0 — QOFs and sponsors may already hold assets here. They are the most likely early OZ 2.0 investors and know the local approvals path.
  • Tribal — the tribal government is a principal, not a stakeholder to consult. Persistent poverty — USDA Rural Development programs can fill gaps.

Data context

3

Eligible tracts in EIG DCI top distress quintile

The EIG Distressed Communities Index (2019–2023) is referenced in many state scoring rubrics. Quintile 1 = most distressed. See whether OZ 1.0 reached the most distressed places →

1

Counties with eligible tracts designated USDA persistent poverty

Persistent poverty = 20%+ poverty rate in every census 1980–2010. Source: USDA ERS County Typology Codes (2015 edition). Relevant for USDA RD program eligibility and QROF rural bonus. See QROF rural bonus mechanics →

24

Prior NMTC investments in eligible OZ tracts

CDFI Fund NMTC Public Data Release (2024). Indicates prior CDFI capital deployment track record in these tracts. See how NMTC and OZ stack →

26

Eligible tracts with CRA designation (LMI or distressed/underserved)

Banks earn CRA credit for investing in low- or moderate-income tracts (Track 1), and in non-metropolitan middle-income tracts officially designated distressed or underserved by FFIEC (Track 2). When an OZ project sits in a CRA-eligible tract, bank capital can satisfy CRA obligations while generating OZ tax benefits. How CRA and OZ interact →

Cities: Anchorage, Akiachak, Nulato, Quinhagak, Port Heiden and 113 more

ZIP codes: 99501, 99508, 99503, 99922, 99927 and 120 more

See all 118 cities and 125 ZIP codes

All cities:

Anchorage, Akiachak, Nulato, Quinhagak, Port Heiden, Port Alsworth, Port Alexander, Point Baker, Platinum, Pilot Station, Pilot Point, Perryville, Pedro Bay, Nunapitchuk, Nunam Iqua, Northway, Ruby, Noorvik, Nondalton, Noatak, Nikolai, Nightmute, New Stuyahok, Napakiak, Mountain Village, Meyers Chuck, Mekoryuk, Mc Grath, Marshall, Red Devil, Russian Mission, Lower Kalskag, Saint Marys, White Mountain, Wales, Venetie, Unalakleet, Tununak, Tuntutuliak, Tuluksak, Toksook Bay, Tok, Togiak, Thorne Bay, Teller, Tanacross, Talkeetna, Takotna, Stebbins, Sleetmute, Shungnak, Shishmaref, Shaktoolik, Shageluk, Selawik, Scammon Bay, Savoonga, Saint Michael, Manokotak, Levelock, Akiak, Chevak, Egegik, Eek, Eagle, Deering, Crooked Creek, Coffman Cove, Clarks Point, Circle, Chignik Lake, Chignik Lagoon, Chignik, Chicken, Chefornak, Lake Minchumina, Chalkyitsik, Central, Buckland, Brevig Mission, Beaver, Arctic Village, Anvik, Aniak, Ambler, Allakaket, Aleknagik, Alakanuk, Ekwok, Elim, Emmonak, Fairbanks, Kwigillingok, Kwethluk, Koyukuk, Koyuk, Kotlik, Kobuk, Kivalina, Kipnuk, Kiana, Kasigluk, Kaltag, Kalskag, Kake, Jber, Iliamna, Hydaburg, Huslia, Hughes, Hooper Bay, Holy Cross, Grayling, Goodnews Bay, Gambell, Galena, Fort Yukon, Wrangell

All ZIP codes:

99501, 99508, 99503, 99922, 99927, 99748, 99746, 99745, 99742, 99741, 99740, 99739, 99738, 99736, 99733, 99732, 99730, 99727, 99724, 99722, 99720, 99709, 99691, 99690, 99684, 99681, 99680, 99679, 99678, 99676, 99675, 99671, 99749, 99750, 99751, 99778, 99919, 99918, 99903, 99836, 99830, 99788, 99786, 99785, 99784, 99783, 99781, 99780, 99776, 99668, 99773, 99772, 99771, 99770, 99769, 99768, 99765, 99764, 99763, 99761, 99757, 99754, 99753, 99665, 99666, 99604, 99590, 99589, 99585, 99581, 99580, 99579, 99578, 99575, 99569, 99565, 99564, 99563, 99561, 99558, 99557, 99555, 99554, 99552, 99551, 99549, 99548, 99520, 99517, 99514, 99510, 99506, 99504, 99602, 99606, 99662, 99607, 99659, 99658, 99657, 99656, 99655, 99653, 99651, 99650, 99649, 99648, 99647, 99641, 99640, 99637, 99636, 99634, 99632, 99630, 99628, 99627, 99626, 99625, 99622, 99621, 99620, 99614, 99609, 99929

Look up a specific tract (FFIEC) → Source: FFIEC Census Flat File 2026, joined to IRS Rev. Proc. 2026-14 eligible tracts.

Who to contact

Alaska Dept. of Commerce, Community, and Economic Development (DCCED)

https://www.commerce.alaska.gov/web/

dcced.commissioner@alaska.gov

(907) 465-2500

Certified CDFIs

6 certified CDFIs headquartered in Alaska. CDFI Fund certified list →

USDA Rural Development

USDA RD Alaska State Office →

Rural LISC

Rural LISC →

Native / tribal

No formal tribal consultation process has been published for Alaska's OZ 2.0 nomination. If your jurisdiction contains or is adjacent to tribal land, contact the relevant Tribal Historic Preservation Office (THPO) or tribal government directly before submitting a nomination.

Designations: Treasury, 2027 QOZ designations and revised eligible-tract file (October 30, 2026). Demographics: ACS 2020–2024 5-year. OZ 1.0: IRS Notice 2018-48, crosswalked to 2020 tracts. Eligible tract counts: IRS Rev. Proc. 2026-14 (April 6, 2026). Rural designation: Notice 2025-50, Section 4.01. Status tier last verified 2026-06-16. Full methodology.