Iowa — OZ 2.0 Resource

175

Total eligible tracts

58

Rural eligible

44

Max designations (25%)

1

Days to federal window

Nomination process

The lead agency has been identified, but no public process has been published yet. Contact information is below. See how to advocate for what to do while the process develops.

IEDA has not published OZ 2.0 nomination guidance, a community application process, or an internal deadline. Note IEDA's web presence has consolidated under a joint IEDA/Iowa Finance Authority domain, opportunityiowa.gov — the older iowaeconomicdevelopment-site.azurewebsites.net URL may be stale. Email communications@iowaeda.com today to ask which IEDA program officer is handling OZ 2.0 tract nominations and whether the authority will be accepting community input before the federal window opens July 1, 2026; ask to be directed to the appropriate staff contact. Iowa may nominate up to 44 of its 175 eligible tracts; watch opportunityiowa.gov for any announcement of an OZ 2.0 process.

Eligible tracts

Loading 175 eligible tracts…

View on EIG map → IRS appendix (XLSX) Source: IRS Rev. Proc. 2026-14 · EIG DCI 2023 · FFIEC CRA 2025 · Urban Institute 2026

County	Eligible tracts
Polk County	34
Black Hawk County	15
Linn County	14
Scott County	12
Pottawattamie County	11
Johnson County	10
Woodbury County	10
Story County	8
Wapello County	6
Appanoose County	3

Data context

13

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 →

0

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 →

44

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 →

134

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: Des Moines, Council Bluffs, Cedar Rapids, Waterloo, Sioux City and 44 more

ZIP codes: 51501, 50317, 50316, 50703, 50320 and 92 more

See all 49 cities and 97 ZIP codes

All cities:

Des Moines, Council Bluffs, Cedar Rapids, Waterloo, Sioux City, Davenport, Ottumwa, Iowa City, Ames, Dubuque, Centerville, Oelwein, Newton, Muscatine, Evansdale, Keokuk, Coralville, Burlington, Cedar Falls, Bettendorf, Washington, Urbandale, Toledo, Tama, Spencer, Seymour, Sergeant Bluff, Saint Olaf, Riverside, Plano, Carlisle, Oskaloosa, Chariton, Exline, Cincinnati, Moulton, Monona, Mc Gregor, Mason City, Marquette, Leon, Anamosa, Clinton, Hills, Hiawatha, Garnavillo, Farmersburg, Fairfield, West Des Moines

All ZIP codes:

51501, 50317, 50316, 50703, 50320, 52501, 51105, 50314, 51103, 51503, 50315, 52402, 51104, 52240, 51101, 50313, 52401, 52405, 50011, 52404, 52544, 52802, 52246, 52803, 52804, 50701, 50310, 52001, 52806, 51106, 52403, 52761, 52241, 52242, 52601, 52801, 52632, 50010, 50309, 50707, 50702, 50662, 50311, 50208, 52406, 52555, 52549, 50303, 50304, 51054, 50305, 52572, 50312, 50318, 52556, 52590, 52577, 52581, 52342, 50302, 50301, 52722, 52732, 50265, 50144, 50049, 50047, 50014, 52353, 52327, 52339, 52049, 51102, 50704, 51108, 51111, 51301, 50613, 50402, 50401, 52003, 52004, 52047, 52072, 50947, 52157, 52158, 52159, 52205, 52233, 52235, 50360, 50322, 50321, 52245, 50319, 52807

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

25

Eligible tracts in top investability quintile (Urban Institute model)

The Urban Institute investability model scores OZ-eligible tracts by predicted likelihood of attracting private capital, based on OZ 1.0 investment patterns. Quintile 1 = highest predicted investability among scored tracts. Not all tracts are scored — coverage reflects tracts with sufficient OZ 1.0 data.

How to influence the nomination

No public process has been announced for Iowa yet. See how to advocate for steps to engage the governor's office and build a coalition now, and off-list nominations for strategies available when a state hasn't opened a formal process. While waiting, the Accelerator for America OZ Designation Toolkit provides frameworks you can prepare in advance.

Who to contact

Iowa Economic Development Authority (IEDA)

https://opportunityiowa.gov/community/revitalization/opportunity-zones

communications@iowaeda.com

Certified CDFIs

9 certified CDFIs headquartered in Iowa. CDFI Fund certified list →

USDA Rural Development

USDA RD Iowa State Office →

RCAP Regional Partner

Midwest Assistance Program (MAP) →

Rural LISC

Rural LISC →

Native / tribal

No formal tribal consultation process has been published for Iowa'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.