South Dakota
Last checked 2026-06-16
25
Designated tracts (of 52 eligible)
18
Rural designated — QROF treatment
18
Former OZ 1.0 tracts redesignated
57
Days until designations take effect
How South Dakota chose
Treasury published the final list on October 30, 2026. South Dakota designated 25 of 52 eligible tracts, its full allocation, in 19 of 25 counties with eligible tracts. Designations take effect January 1, 2027 and run through December 31, 2036.
Compared with the eligible tracts it passed over, South Dakota favored former OZ 1.0 tracts, lower-poverty tracts and less dense tracts.
| Trait | Designated | Passed over |
|---|---|---|
| Former OZ 1.0 tract | 72% | 7.4% |
| Rural (QROF) | 72% | 63% |
| Urban Institute Tier 1 | 16% | 14.8% |
| Median poverty rate | 23% | 28.3% |
| Median family income, % of area | 63.7% | 62.2% |
| Residents of color (mean) | 41.1% | 47.8% |
| Median density, people / sq mi | 637 | 191 |
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 →
Record: how South Dakota 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.
Map: designated and eligible tracts
Loading 52 eligible tracts…
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 |
|---|---|---|---|---|---|
| Minnehaha County | 4 / 12 | — | 2 / 3 | 14,994 | — |
| Pennington County | 4 / 6 | 1 | 4 / 1 | 11,823 | Midwest Minnesota Community Development Corporation; Partners for the Common Good, Inc. |
| Beadle County | 1 / 1 | 1 | 1 / 1 | 3,044 | DAKOTAS AMERICA LLC |
| Brookings County | 1 / 3 | 1 | 1 / 0 | 7,147 | — |
| Brown County | 1 / 1 | 1 | 1 / 0 | 2,202 | Local Initiatives Support Corporation |
| Buffalo County | 1 / 1 | 1 | 0 / 0 | 1,808 | — |
| Butte County | 1 / 1 | 1 | 0 / 0 | 2,790 | — |
| Charles Mix County | 1 / 2 | 1 | 1 / 0 | 3,457 | — |
| Clay County | 1 / 2 | 1 | 1 / 0 | 5,891 | — |
| Codington County | 1 / 1 | 1 | 1 / 1 | 2,659 | — |
| Dewey County | 1 / 2 | 1 | 1 / 0 | 2,463 | — |
| Jackson County | 1 / 2 | 1 | 0 / 0 | 880 | — |
| Lake County | 1 / 1 | 1 | 1 / 1 | 2,237 | — |
| Lawrence County | 1 / 1 | 1 | 0 / 0 | 4,215 | — |
| Lyman County | 1 / 1 | 1 | 1 / 0 | 1,517 | — |
| Oglala Lakota County | 1 / 3 | 1 | 0 / 0 | 6,102 | DAKOTAS AMERICA LLC; USBCDE, LLC |
| Roberts County | 1 / 2 | 1 | 1 / 0 | 3,056 | — |
| Todd County | 1 / 2 | 1 | 1 / 0 | 5,074 | — |
| Tripp County | 1 / 1 | 1 | 1 / 0 | 3,215 | — |
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 South Dakota's designated tracts.
Find projects and partners in the designated tracts
Every designated tract in South Dakota, 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 |
|---|---|---|---|---|---|---|---|---|
| 46005956900 Sioux Falls | Beadle County | 19.4% | 68.1% | 3,044 | 48.6% | 22.5% | Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligibleHigh vacancyUI Tier 1 | DAKOTAS AMERICA LLC $7.1M · 1 deal |
| 46011958900 Sioux Falls | Brookings County | 24.2% | 92.7% | 7,147 | 64.2% | 12.8% | Rural / QROFFormer OZ 1.0Housing pressure | — |
| 46013951500 Sioux Falls | Brown County | 33.6% | 79.1% | 2,202 | 68.4% | 16.9% | Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligibleHousing pressureHigh vacancy | Local Initiatives Support Corporation $12.3M · 1 deal |
| 46017940200 Crow Creek Reservation|Lower Brule Reservation | Buffalo County | 33.9% | 61.7% | 1,808 | 47.4% | 12.1% | Rural / QROFCRA-eligibleTribalPersistent poverty | — |
| 46019967702 | Butte County | 15.3% | 69.1% | 2,790 | 40.4% | 10.8% | Rural / QROFCRA-eligible | — |
| 46023940300 Yankton Reservation | Charles Mix County | 23.1% | 79.6% | 3,457 | 34.5% | 15% | Rural / QROFFormer OZ 1.0CRA-eligibleTribalPersistent poverty | — |
| 46027965700 | Clay County | 23% | 104.9% | 5,891 | 48.5% | 8.4% | Rural / QROFFormer OZ 1.0 | — |
| 46029954402 | Codington County | 10.4% | 55.7% | 2,659 | 58% | 2.4% | Rural / QROFFormer OZ 1.0 | — |
| 46041941500 Cheyenne River Reservation | Dewey County | 38.4% | 48.1% | 2,463 | 45.1% | 15% | Rural / QROFFormer OZ 1.0CRA-eligibleTribalHigh vacancyPersistent poverty | — |
| 46071961100 Pine Ridge Reservation|Rosebud Off-Reservation Trust Land | Jackson County | 21.8% | 56.2% | 880 | 33.4% | 33.6% | Rural / QROFCRA-eligibleTribalHigh vacancyPersistent poverty | — |
| 46079960201 | Lake County | 17.1% | 59% | 2,237 | 54.5% | 11.7% | Rural / QROFFormer OZ 1.0CRA-eligibleHousing pressure | — |
| 46081966200 | Lawrence County | 22.6% | 95% | 4,215 | 64.8% | 8.6% | Rural / QROFUI Tier 1 | — |
| 46085940100 Lower Brule Reservation|Crow Creek Reservation | Lyman County | 47.9% | 39.9% | 1,517 | 62.5% | 22.6% | Rural / QROFFormer OZ 1.0CRA-eligibleTribalHigh vacancy | — |
| 46099000100 | Minnehaha County | 12.7% | 67.8% | 5,770 | 39.2% | 15.3% | CRA-eligibleHigh vacancy | — |
| 46099000300 | Minnehaha County | 17.4% | 45% | 4,332 | 34.5% | 7.3% | CRA-eligibleUI Tier 1 | — |
| 46099000500 | Minnehaha County | 16.5% | 68.2% | 3,037 | 56.3% | 4.2% | Former OZ 1.0CRA-eligibleHousing pressureUI Tier 1 | — |
| 46099000701 Sioux Falls | Minnehaha County | 20.1% | 63.7% | 1,855 | 79.3% | 2.2% | Former OZ 1.0CRA-eligible | — |
| 46102941000 Pine Ridge Reservation | Oglala Lakota County | 33.9% | 57.2% | 6,102 | 32.4% | 13.8% | Rural / QROFNMTC track recordCRA-eligibleTribal | DAKOTAS AMERICA LLC; USBCDE, LLC $7.1M · 2 deals |
| 46103010202 | Pennington County | 34.4% | 73.3% | 2,102 | 87.6% | 17.7% | Former OZ 1.0CRA-eligibleHousing pressureHigh vacancy | — |
| 46103010400 | Pennington County | 23% | 67.7% | 3,511 | 41.5% | 13.1% | Former OZ 1.0NMTC track recordCRA-eligible | Partners for the Common Good, Inc. |
| 46103010500 | Pennington County | 34.9% | 51.7% | 3,118 | 55.4% | 17.3% | Former OZ 1.0NMTC track recordCRA-eligibleHigh vacancy | Midwest Minnesota Community Development Corporation $10.2M · 1 deal |
| 46103011800 | Pennington County | 14.8% | 55% | 3,092 | 51.1% | 16.6% | Rural / QROFFormer OZ 1.0Housing pressureHigh vacancy | — |
| 46109940400 Lake Traverse Reservation | Roberts County | 17.5% | 51.9% | 3,056 | 48.2% | 13.2% | Rural / QROFFormer OZ 1.0CRA-eligibleTribalPersistent poverty | — |
| 46121940200 Rosebud Indian Reservation|Rosebud Off-Reservation Trust Land|Pine Ridge Reservation | Todd County | 43.1% | 40.2% | 5,074 | 57% | 13.5% | Rural / QROFFormer OZ 1.0CRA-eligibleTribalPersistent poverty | — |
| 46123971700 Rosebud Off-Reservation Trust Land | Tripp County | 25.5% | 74.1% | 3,215 | 35.8% | 19.2% | Rural / QROFFormer OZ 1.0CRA-eligibleTribalHigh vacancy | — |
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
10
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 →
10
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 →
10
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 →
44
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: Sioux Falls, Rapid City, Batesland, Eagle Butte, Mc Laughlin and 67 more
ZIP codes: 57104, 57701, 57103, 57716, 57625 and 79 more
See all 72 cities and 84 ZIP codes
All cities:
Sioux Falls, Rapid City, Batesland, Eagle Butte, Mc Laughlin, Sisseton, Kyle, Trail City, Isabel, Porcupine, Pine Ridge, Wounded Knee, Dupree, Allen, Winner, Norris, Rosebud, Pickstown, Philip, Pukwana, Peever, Parmelee, Ridgeview, Pierre, Summit, Saint Francis, Okreek, Timber Lake, Tuthill, Wagner, Wakpala, Walker, Wanblee, Watauga, Waubay, White River, Whitehorse, Wilmot, Wood, Ortley, Aberdeen, Oglala, Keldron, Armour, Belle Fourche, Belvidere, Bullhead, Chamberlain, Cherry Creek, Fort Thompson, Gann Valley, Geddes, Glencross, Huron, Interior, Kadoka, Kennebec, Murdo, Lake Andes, Lantry, Lemmon, Little Eagle, Long Valley, Lower Brule, Manderson, Martin, Mc Intosh, Meadow, Midland, Miller, Mission, Morristown
All ZIP codes:
57104, 57701, 57103, 57716, 57625, 57794, 57262, 57657, 57633, 57623, 57702, 57560, 57714, 57752, 57580, 57770, 57772, 57106, 57105, 57642, 57621, 57641, 57622, 57585, 57630, 57634, 57636, 57638, 57639, 57658, 57644, 57645, 57652, 57656, 57577, 57659, 57660, 57661, 57703, 57709, 57717, 57750, 57756, 57764, 57579, 57101, 57574, 57273, 57350, 57342, 57341, 57339, 57325, 57313, 57279, 57266, 57572, 57257, 57256, 57193, 57186, 57118, 57110, 57108, 57356, 57362, 57367, 57370, 57567, 57566, 57563, 57559, 57555, 57552, 57551, 57548, 57547, 57544, 57543, 57521, 57501, 57401, 57380, 57570
Look up a specific tract (FFIEC) → Source: FFIEC Census Flat File 2026, joined to IRS Rev. Proc. 2026-14 eligible tracts.
8
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.
Who to contact
South Dakota Governor's Office of Economic Development (GOED)
https://sdgoed.comCertified CDFIs
13 certified CDFIs headquartered in South Dakota. CDFI Fund certified list →
USDA Rural Development
USDA RD South Dakota State Office →RCAP Regional Partner
Midwest Assistance Program (MAP) →Rural LISC
Rural LISC →Native / tribal
No formal tribal consultation process has been published for South Dakota'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.