Tennessee
Last checked 2026-06-16
128
Designated tracts (of 509 eligible)
72
Rural designated — QROF treatment
59
Former OZ 1.0 tracts redesignated
57
Days until designations take effect
How Tennessee chose
Treasury published the final list on October 30, 2026. Tennessee designated 128 of 509 eligible tracts, its full allocation, in 61 of 82 counties with eligible tracts. Designations take effect January 1, 2027 and run through December 31, 2036. Treasury's October list has 2 more eligible tracts here than the April appendix, qualified under its missing-data rules; 0 were designated.
Compared with the eligible tracts it passed over, Tennessee favored former OZ 1.0 tracts, tracts with prior NMTC deals and rural tracts.
| Trait | Designated | Passed over |
|---|---|---|
| Former OZ 1.0 tract | 46.1% | 15.7% |
| Rural (QROF) | 56.2% | 39.4% |
| Urban Institute Tier 1 | 39.8% | 26.2% |
| Median poverty rate | 26.7% | 24.9% |
| Median family income, % of area | 62.2% | 64.7% |
| Residents of color (mean) | 40.9% | 49.1% |
| Median density, people / sq mi | 991 | 1,652 |
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 Tennessee 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 509 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 |
|---|---|---|---|---|---|
| Davidson County | 18 / 56 | — | 7 / 11 | 81,512 | Chase New Markets Corporation; Greenline Community Development Fund, LLC; HARBOR BANKSHARES CORPORATION; Pinnacle Community Development, Inc.; Reinvestment Fund, Inc., The; Self-Help Ventures Fund; Truist Community Development Enterprises, LLC a Domestic Limited Liability Company; USBCDE, LLC |
| Shelby County | 15 / 124 | — | 12 / 22 | 31,540 | BlueHub Capital, Inc.; Chase New Markets Corporation; Community Hospitality Healthcare Services, LLC; Enhanced Community Development, LLC; Habitat for Humanity NMTC, LLC; Midwest Renewable Capital, LLC; National Trust Community Investment Corporation; TMA Development Corporation; Truist Community Development Enterprises, LLC a Domestic Limited Liability Company; Wachovia Community Development Enterprises, LLC |
| Hamilton County | 5 / 20 | — | 1 / 6 | 18,729 | Southern Appalachian Fund, LP |
| Knox County | 5 / 26 | 1 | 4 / 5 | 17,886 | — |
| Putnam County | 4 / 6 | 4 | 1 / 2 | 20,157 | — |
| Greene County | 3 / 5 | 3 | 2 / 0 | 14,938 | — |
| Sullivan County | 3 / 12 | 2 | 3 / 2 | 9,643 | — |
| Washington County | 3 / 10 | — | 3 / 2 | 10,931 | RBC Community Development, LLC |
| Claiborne County | 2 / 4 | 2 | 1 / 0 | 8,634 | — |
| Coffee County | 2 / 4 | 2 | 0 / 0 | 5,510 | — |
| Cumberland County | 2 / 3 | 2 | 1 / 2 | 9,394 | MASCOMA COMMUNITY DEVELOPMENT, LLC |
| Franklin County | 2 / 2 | 2 | 0 / 0 | 9,383 | CV Appalachian CDE, Inc. |
| Hardeman County | 2 / 4 | 2 | 1 / 0 | 8,895 | — |
| Johnson County | 2 / 3 | 2 | 1 / 0 | 10,652 | PNC Community Partners, Inc. |
| Madison County | 2 / 10 | — | 2 / 4 | 7,702 | — |
| Maury County | 2 / 3 | 2 | 0 / 0 | 10,836 | — |
| Montgomery County | 2 / 9 | — | 2 / 2 | 5,505 | — |
| Obion County | 2 / 3 | 2 | 1 / 1 | 6,409 | Cadence Community Capital, LLC; DV Community Investment, LLC; Empowerment Reinvestment Fund, LLC; National New Markets Fund, LLC |
| Rhea County | 2 / 2 | 2 | 1 / 0 | 12,605 | Advantage Capital Community Development Fund, LLC; River Gorge Capital, LLC |
| Rutherford County | 2 / 16 | — | 0 / 4 | 6,402 | — |
| Scott County | 2 / 3 | 2 | 1 / 0 | 8,103 | Pathway Lending CDE, LLC |
| Sevier County | 2 / 7 | 2 | 0 / 3 | 7,091 | — |
| Sumner County | 2 / 4 | 1 | 1 / 1 | 13,733 | — |
| Warren County | 2 / 5 | 2 | 0 / 1 | 8,919 | River Gorge Capital, LLC |
| Wayne County | 2 / 3 | 2 | 1 / 0 | 9,320 | — |
| Weakley County | 2 / 6 | 2 | 0 / 1 | 7,503 | — |
| Wilson County | 2 / 3 | 2 | 0 / 0 | 9,900 | — |
| Anderson County | 1 / 6 | 1 | 0 / 3 | 3,027 | — |
| Bedford County | 1 / 2 | 1 | 0 / 1 | 8,798 | — |
| Bledsoe County | 1 / 3 | 1 | 1 / 1 | 4,382 | — |
| Blount County | 1 / 3 | — | 1 / 3 | 3,588 | — |
| Bradley County | 1 / 3 | 1 | 1 / 0 | 5,548 | HFHI-SA NMTC I, LLC |
| Carroll County | 1 / 4 | 1 | 1 / 1 | 3,622 | — |
| Carter County | 1 / 4 | — | 0 / 1 | 2,155 | — |
| Clay County | 1 / 2 | 1 | 1 / 0 | 5,318 | — |
| Cocke County | 1 / 5 | 1 | 1 / 1 | 6,439 | — |
| Decatur County | 1 / 3 | 1 | 0 / 0 | 2,104 | D.C.C.D. Corporation |
| Dyer County | 1 / 4 | 1 | 0 / 1 | 2,441 | — |
| Grundy County | 1 / 4 | 1 | 0 / 1 | 1,986 | Appalachian Fund for Growth II, LLC |
| Hamblen County | 1 / 4 | 1 | 1 / 1 | 3,133 | — |
| Hancock County | 1 / 2 | 1 | 1 / 0 | 4,148 | — |
| Hardin County | 1 / 6 | 1 | 0 / 0 | 3,178 | Community Health Center Capital Fund, Inc. |
| Haywood County | 1 / 4 | 1 | 0 / 1 | 3,825 | — |
| Henderson County | 1 / 3 | 1 | 0 / 1 | 3,560 | — |
| Henry County | 1 / 5 | 1 | 0 / 2 | 3,562 | — |
| Hickman County | 1 / 3 | 1 | 0 / 1 | 3,788 | — |
| Humphreys County | 1 / 2 | 1 | 0 / 0 | 5,208 | — |
| Lake County | 1 / 2 | 1 | 1 / 0 | 4,246 | First State Development Corp. |
| Lauderdale County | 1 / 4 | 1 | 1 / 1 | 3,378 | CCG Community Partners, LLC |
| Lawrence County | 1 / 3 | 1 | 1 / 1 | 5,305 | — |
| Loudon County | 1 / 1 | — | 0 / 3 | 5,302 | — |
| McMinn County | 1 / 3 | 1 | 0 / 4 | 3,698 | — |
| McNairy County | 1 / 4 | 1 | 0 / 0 | 4,753 | — |
| Overton County | 1 / 2 | 1 | 0 / 1 | 4,845 | — |
| Perry County | 1 / 1 | 1 | 0 / 0 | 3,842 | — |
| Pickett County | 1 / 2 | 1 | 1 / 1 | 2,265 | — |
| Roane County | 1 / 4 | 1 | 0 / 1 | 1,755 | — |
| Sequatchie County | 1 / 2 | 1 | 1 / 1 | 4,555 | — |
| Smith County | 1 / 1 | 1 | 0 / 2 | 6,016 | — |
| Stewart County | 1 / 1 | 1 | 0 / 1 | 4,633 | — |
| Tipton County | 1 / 3 | 1 | 0 / 2 | 5,524 | — |
| Benton County | 0 / 1 | — | 0 / 1 | — | — |
| Cannon County | 0 / 3 | — | 0 / 2 | — | — |
| DeKalb County | 0 / 3 | — | 0 / 2 | — | — |
| Dickson County | 0 / 1 | — | 0 / 1 | — | — |
| Fentress County | 0 / 2 | — | 0 / 1 | — | — |
| Gibson County | 0 / 4 | — | 0 / 3 | — | — |
| Hawkins County | 0 / 2 | — | 0 / 2 | — | — |
| Jackson County | 0 / 2 | — | 0 / 1 | — | — |
| Macon County | 0 / 3 | — | 0 / 2 | — | — |
| Marion County | 0 / 2 | — | 0 / 1 | — | — |
| Marshall County | 0 / 1 | — | 0 / 1 | — | — |
| Monroe County | 0 / 4 | — | 0 / 3 | — | — |
| Polk County | 0 / 1 | — | 0 / 1 | — | — |
| Union County | 0 / 1 | — | 0 / 1 | — | — |
| White County | 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. 34 distinct CDEs across Tennessee's designated tracts.
Find projects and partners in the designated tracts
Every designated tract in Tennessee, 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.
128 of 128 tracts shown
Download all eligible tracts, national (CSV) →| Tract | County | Pov. | MFI | Pop. | Rent. | Vac. | Signals | Prior NMTC CDEs |
|---|---|---|---|---|---|---|---|---|
| 47001020100 | Anderson County | 23.5% | 67.8% | 3,027 | 79.6% | 15.1% | Rural / QROFCRA-eligibleHigh vacancyUI Tier 1 | — |
| 47003950402 | Bedford County | 30.1% | 71.5% | 8,798 | 35.6% | 0% | Rural / QROFCRA-eligibleUI Tier 1 | — |
| 47007953102 | Bledsoe County | 20.7% | 57.2% | 4,382 | 33% | 16.7% | Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancy | — |
| 47009010100 | Blount County | 17.7% | 65.8% | 3,588 | 45.9% | 9.6% | Former OZ 1.0CRA-eligibleUI Tier 1 | — |
| 47011010700 | Bradley County | 22.5% | 69.1% | 5,548 | 68.8% | 14.9% | Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligibleHousing pressureUI Tier 1 | HFHI-SA NMTC I, LLC $2.1M · 1 deal |
| 47017962102 | Carroll County | 18.7% | 69.8% | 3,622 | 34.5% | 12.4% | Rural / QROFFormer OZ 1.0 | — |
| 47019070100 | Carter County | 30.4% | 85% | 2,155 | 41% | 13.3% | CRA-eligible | — |
| 47025970300 | Claiborne County | 19.8% | 64.4% | 4,077 | 38.8% | 12.4% | Rural / QROFFormer OZ 1.0CRA-eligiblePersistent poverty | — |
| 47025970900 | Claiborne County | 24.5% | 91.9% | 4,557 | 29.7% | 11.6% | Rural / QROFCRA-eligibleUI Tier 1Persistent poverty | — |
| 47027955000 | Clay County | 22.1% | 65.7% | 5,318 | 33.3% | 11.7% | Rural / QROFFormer OZ 1.0CRA-eligible | — |
| 47029920200 Nashville-Davidson metropolitan government (balance) | Cocke County | 40.3% | 45.9% | 6,439 | 37.7% | 10% | Rural / QROFFormer OZ 1.0CRA-eligibleUI Tier 1Persistent poverty | — |
| 47031970900 | Coffee County | 28.3% | 48.9% | 4,151 | 56% | 11.8% | Rural / QROFCRA-eligibleHousing pressureUI Tier 1 | — |
| 47031971001 | Coffee County | 38.6% | 83.1% | 1,359 | 70.9% | 0% | Rural / QROF | — |
| 47035970401 | Cumberland County | 24.8% | 56.6% | 5,376 | 66.4% | 4% | Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligibleUI Tier 1 | MASCOMA COMMUNITY DEVELOPMENT, LLC $6.9M · 1 deal |
| 47035970502 | Cumberland County | 24.4% | 75.2% | 4,018 | 49.3% | 12.2% | Rural / QROFCRA-eligibleUI Tier 1 | — |
| 47037010903 | Davidson County | 30.9% | 35.1% | 7,262 | 47.2% | 8.2% | NMTC track recordCRA-eligibleUI Tier 1 | Self-Help Ventures Fund $15.0M · 1 deal |
| 47037011001 | Davidson County | 22.4% | 51.9% | 7,895 | 52.6% | 0% | CRA-eligibleUI Tier 1 | — |
| 47037012701 | Davidson County | 39.6% | 54.2% | 7,041 | 49.6% | 10.3% | NMTC track recordCRA-eligibleUI Tier 1 | HARBOR BANKSHARES CORPORATION $19.4M · 1 deal |
| 47037012702 | Davidson County | 30.5% | 49.4% | 3,051 | 34.4% | 16.4% | NMTC track recordCRA-eligibleHigh vacancyUI Tier 1 | Pinnacle Community Development, Inc. |
| 47037012801 | Davidson County | 32.4% | 33.2% | 5,200 | 50.4% | 4.1% | NMTC track recordCRA-eligible | USBCDE, LLC $1.9M · 1 deal |
| 47037013600 | Davidson County | 16.1% | 44.9% | 6,105 | 72.2% | 1.9% | Former OZ 1.0NMTC track recordCRA-eligible | Pinnacle Community Development, Inc. |
| 47037014200 | Davidson County | 53.6% | — | 2,587 | 81.5% | 13.3% | Former OZ 1.0NMTC track recordCRA-eligibleHousing pressure | Greenline Community Development Fund, LLC $0.9M · 1 deal |
| 47037014400 Knoxville | Davidson County | 22.1% | 46.6% | 2,907 | 98.4% | 13.4% | NMTC track recordCRA-eligibleHousing pressure | Pinnacle Community Development, Inc.; Reinvestment Fund, Inc., The $11.5M · 2 deals |
| 47037015628 | Davidson County | 26.7% | — | 4,479 | 75.7% | 15.2% | Former OZ 1.0CRA-eligibleHousing pressureHigh vacancyUI Tier 1 | — |
| 47037015637 | Davidson County | 29.9% | 53.8% | 4,038 | 66.8% | 6.4% | CRA-eligibleHousing pressure | — |
| 47037015806 Chattanooga | Davidson County | 25.9% | 57.9% | 5,584 | 87.6% | 20.5% | CRA-eligibleHigh vacancyUI Tier 1 | — |
| 47037015900 | Davidson County | 35% | 66.3% | 2,849 | 82.2% | 4% | Former OZ 1.0NMTC track record | Truist Community Development Enterprises, LLC a Domestic Limited Liability Company |
| 47037016200 | Davidson County | 36.7% | 73.4% | 3,831 | 59.9% | 17.5% | Former OZ 1.0CRA-eligibleHousing pressureHigh vacancy | — |
| 47037016500 Nashville-Davidson metropolitan government (balance) | Davidson County | 26.9% | 74.9% | 4,594 | 100% | 23.5% | Housing pressureHigh vacancy | — |
| 47037016600 | Davidson County | 22.8% | 95.3% | 3,306 | 79.1% | 18.8% | Housing pressureHigh vacancyUI Tier 1 | — |
| 47037017300 Cookeville | Davidson County | 21% | 62.6% | 3,390 | 51.9% | 5.7% | Former OZ 1.0CRA-eligibleHousing pressureUI Tier 1 | — |
| 47037019300 Lebanon | Davidson County | 42.2% | 34.2% | 3,857 | 99.4% | 4.9% | Former OZ 1.0NMTC track recordCRA-eligibleHousing pressure | Chase New Markets Corporation $13.0M · 1 deal |
| 47037019501 | Davidson County | 20.4% | — | 3,536 | 84.5% | 18.8% | Housing pressureHigh vacancy | — |
| 47039955001 | Decatur County | 28.8% | 73.5% | 2,104 | 13% | 39.7% | Rural / QROFNMTC track recordCRA-eligibleHigh vacancy | D.C.C.D. Corporation $7.5M · 1 deal |
| 47045964402 | Dyer County | 32.5% | 46.9% | 2,441 | 78% | 8.3% | Rural / QROFCRA-eligibleHousing pressure | — |
| 47051960500 | Franklin County | 21.3% | 77.1% | 4,522 | 29.1% | 9.8% | Rural / QROFUI Tier 1 | — |
| 47051960600 Nashville-Davidson metropolitan government (balance) | Franklin County | 20.2% | 82.1% | 4,861 | 24.3% | 16.4% | Rural / QROFNMTC track recordHigh vacancyUI Tier 1 | CV Appalachian CDE, Inc. $24.0M · 1 deal |
| 47059090100 | Greene County | 20.7% | 61.8% | 6,521 | 40.7% | 17.4% | Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancyUI Tier 1 | — |
| 47059091200 | Greene County | 28.9% | 45.5% | 3,742 | 38.4% | 16.7% | Rural / QROFFormer OZ 1.0High vacancy | — |
| 47059091300 | Greene County | 25% | 67.2% | 4,675 | 18.8% | 17.3% | Rural / QROFCRA-eligibleHigh vacancy | — |
| 47061955100 Nashville-Davidson metropolitan government (balance) | Grundy County | 19.9% | 61.6% | 1,986 | 15.9% | 18.4% | Rural / QROFNMTC track recordCRA-eligibleHigh vacancyPersistent poverty | Appalachian Fund for Growth II, LLC |
| 47063100800 Memphis | Hamblen County | 22.1% | — | 3,133 | 24.4% | 11.9% | Rural / QROFFormer OZ 1.0CRA-eligibleUI Tier 1 | — |
| 47065001600 | Hamilton County | 42.2% | 36% | 2,892 | 95.7% | 18.7% | Former OZ 1.0NMTC track recordCRA-eligibleHousing pressureHigh vacancyUI Tier 1 | Southern Appalachian Fund, LP $6.3M · 1 deal |
| 47065002300 | Hamilton County | 18.1% | 63.5% | 1,734 | 67.5% | 10.2% | CRA-eligibleUI Tier 1 | — |
| 47065002400 | Hamilton County | 38.6% | 47.3% | 4,660 | 48.4% | 10.6% | CRA-eligible | — |
| 47065002500 Nashville-Davidson metropolitan government (balance) | Hamilton County | 46.9% | 40.2% | 4,574 | 56.5% | 19.8% | CRA-eligibleHigh vacancyUI Tier 1 | — |
| 47065003400 | Hamilton County | 42% | 44% | 4,869 | 77.7% | 9.3% | CRA-eligibleHousing pressureUI Tier 1 | — |
| 47067960600 | Hancock County | 38.8% | 45.4% | 4,148 | 34.7% | 19.4% | Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancyUI Tier 1Persistent poverty | — |
| 47069950300 | Hardeman County | 23.7% | 80.9% | 4,089 | 42.6% | 8.2% | Rural / QROFFormer OZ 1.0CRA-eligibleUI Tier 1 | — |
| 47069950400 | Hardeman County | 13.8% | 65.8% | 4,806 | 24.1% | 19.2% | Rural / QROFCRA-eligibleHigh vacancy | — |
| 47071920402 | Hardin County | 33.8% | 41.9% | 3,178 | 63.9% | 15.3% | Rural / QROFNMTC track recordCRA-eligibleHousing pressureHigh vacancy | Community Health Center Capital Fund, Inc. $0.6M · 1 deal |
| 47075930400 | Haywood County | 24.8% | 50% | 3,825 | 49.1% | 13% | Rural / QROFCRA-eligible | — |
| 47077975100 | Henderson County | 21.6% | 75% | 3,560 | 10.7% | 26% | Rural / QROFCRA-eligibleHigh vacancy | — |
| 47079969502 | Henry County | 34.3% | 58.2% | 3,562 | 42% | 14.8% | Rural / QROF | — |
| 47081950202 | Hickman County | 7% | 65.1% | 3,788 | 25.2% | 3% | Rural / QROFCRA-eligible | — |
| 47085130300 | Humphreys County | 14.7% | 68.6% | 5,208 | 29% | 17.6% | Rural / QROFHigh vacancy | — |
| 47091956300 Memphis | Johnson County | 23.3% | 79.4% | 6,229 | 26.8% | 17.2% | Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancyUI Tier 1Persistent poverty | — |
| 47091956400 | Johnson County | 22.5% | 73% | 4,423 | 23.6% | 16.7% | Rural / QROFNMTC track recordCRA-eligibleHigh vacancyPersistent poverty | PNC Community Partners, Inc. |
| 47093001400 | Knox County | 25.5% | 39.3% | 2,113 | 75.5% | 28% | CRA-eligibleHigh vacancyUI Tier 1 | — |
| 47093002400 | Knox County | 30.6% | 57.2% | 5,028 | 67% | 15.7% | Former OZ 1.0CRA-eligibleHousing pressureHigh vacancyUI Tier 1 | — |
| 47093006502 Memphis | Knox County | 23.4% | 62.8% | 3,503 | 22% | 18% | Rural / QROFFormer OZ 1.0High vacancy | — |
| 47093006700 Memphis | Knox County | 24.1% | 75.3% | 2,932 | 63% | 18.8% | Former OZ 1.0CRA-eligibleHigh vacancyUI Tier 1 | — |
| 47093006800 | Knox County | 39.6% | 36.8% | 4,310 | 74.7% | 17.8% | Former OZ 1.0CRA-eligibleHousing pressureHigh vacancy | — |
| 47095960100 | Lake County | 31.3% | 48.4% | 4,246 | 49.8% | 22% | Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligibleHigh vacancyPersistent poverty | First State Development Corp. $0.9M · 1 deal |
| 47097050504 | Lauderdale County | 32.3% | 60.9% | 3,378 | 64.1% | 14.1% | Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligible | CCG Community Partners, LLC $1.8M · 1 deal |
| 47099960300 Memphis | Lawrence County | 21.8% | 89.4% | 5,305 | 15.3% | 12.3% | Rural / QROFFormer OZ 1.0 | — |
| 47105060201 Knoxville | Loudon County | 25.9% | 97.8% | 5,302 | 21.7% | 5.3% | UI Tier 1 | — |
| 47113000200 | Madison County | 20.8% | 90.7% | 6,066 | 66.4% | 11.9% | Former OZ 1.0Housing pressureUI Tier 1 | — |
| 47113000800 | Madison County | 54% | 28.1% | 1,636 | 80.3% | 13.8% | Former OZ 1.0Housing pressure | — |
| 47119010500 | Maury County | 35.8% | 46.7% | 5,352 | 45.6% | 18% | Rural / QROFCRA-eligibleHigh vacancyUI Tier 1 | — |
| 47119010700 Memphis | Maury County | 16.1% | 52.4% | 5,484 | 47.8% | 7.5% | Rural / QROFCRA-eligibleUI Tier 1 | — |
| 47107970300 | McMinn County | 26.9% | 60.6% | 3,698 | 31.3% | 1.5% | Rural / QROFCRA-eligibleUI Tier 1 | — |
| 47109930502 | McNairy County | 21.8% | 69.9% | 4,753 | 26.1% | 22.6% | Rural / QROFCRA-eligibleHigh vacancy | — |
| 47125100100 Memphis | Montgomery County | 43.2% | 78.5% | 1,406 | 95.2% | 21.1% | Former OZ 1.0CRA-eligibleHousing pressureHigh vacancy | — |
| 47125100800 | Montgomery County | 35.9% | 47.6% | 4,099 | 71.7% | 10.3% | Former OZ 1.0CRA-eligibleHousing pressure | — |
| 47131965500 Memphis | Obion County | 20.5% | 73.9% | 2,828 | 42% | 11.5% | Rural / QROFFormer OZ 1.0NMTC track record | Cadence Community Capital, LLC $11.4M · 1 deal |
| 47131965600 Memphis | Obion County | 33.7% | 51.5% | 3,581 | 50.1% | 14.4% | Rural / QROFNMTC track recordCRA-eligibleHousing pressure | DV Community Investment, LLC; Empowerment Reinvestment Fund, LLC; National New Markets Fund, LLC $23.8M · 3 deals |
| 47133950301 | Overton County | 21.2% | 59.2% | 4,845 | 37.3% | 12.6% | Rural / QROFUI Tier 1 | — |
| 47135930100 | Perry County | 19.6% | 60.1% | 3,842 | 25.2% | 24.8% | Rural / QROFCRA-eligibleHigh vacancyUI Tier 1 | — |
| 47137925102 | Pickett County | 20.4% | 76.1% | 2,265 | 27.1% | 15.1% | Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancy | — |
| 47141000100 Johnson City | Putnam County | 28.7% | 60% | 5,600 | 28.2% | 10% | Rural / QROF | — |
| 47141000202 | Putnam County | 20.8% | 103.2% | 4,444 | 18.2% | 3.7% | Rural / QROF | — |
| 47141000700 | Putnam County | 30% | 62.6% | 3,411 | 72.8% | 8% | Rural / QROFUI Tier 1 | — |
| 47141000800 | Putnam County | 36.7% | — | 6,702 | 81.8% | 12.2% | Rural / QROFFormer OZ 1.0CRA-eligibleHousing pressure | — |
| 47143975000 | Rhea County | 20.2% | 70.7% | 5,127 | 22.3% | 23.4% | Rural / QROFCRA-eligibleHigh vacancy | — |
| 47143975401 | Rhea County | 22.9% | 61.9% | 7,478 | 51.6% | 5.1% | Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligibleUI Tier 1 | Advantage Capital Community Development Fund, LLC; River Gorge Capital, LLC $22.3M · 2 deals |
| 47145030801 | Roane County | 23.1% | 79.1% | 1,755 | 52.6% | 17.6% | Rural / QROFCRA-eligibleHousing pressureHigh vacancy | — |
| 47149040304 | Rutherford County | 10.2% | 62.8% | 3,773 | 48.4% | 8.2% | CRA-eligibleUI Tier 1 | — |
| 47149040305 | Rutherford County | 36.5% | 40.1% | 2,629 | 76.3% | 0% | CRA-eligibleHousing pressureUI Tier 1 | — |
| 47151975101 | Scott County | 37.4% | 67.2% | 2,681 | 43.4% | 11.7% | Rural / QROFCRA-eligiblePersistent poverty | — |
| 47151975200 | Scott County | 27.5% | 53% | 5,422 | 38.1% | 8.2% | Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligiblePersistent poverty | Pathway Lending CDE, LLC |
| 47153060103 Nashville-Davidson metropolitan government (balance) | Sequatchie County | 28.7% | 62.5% | 4,555 | 31.4% | 10.2% | Rural / QROFFormer OZ 1.0CRA-eligible | — |
| 47155080601 | Sevier County | 28.6% | 51.6% | 4,311 | 58.1% | 11.3% | Rural / QROFHousing pressure | — |
| 47155080801 Nashville-Davidson metropolitan government (balance) | Sevier County | 24.7% | 58.2% | 2,780 | 63.6% | 44.3% | Rural / QROFCRA-eligibleHigh vacancyUI Tier 1 | — |
| 47157000200 | Shelby County | 48.6% | 24.3% | 1,100 | 90.5% | 18.4% | Former OZ 1.0NMTC track recordCRA-eligibleHousing pressureHigh vacancy | Habitat for Humanity NMTC, LLC; National Trust Community Investment Corporation $28.3M · 2 deals |
| 47157001900 | Shelby County | 60.9% | 42.2% | 1,263 | 67.4% | 19.1% | Former OZ 1.0CRA-eligibleHousing pressureHigh vacancy | — |
| 47157002500 | Shelby County | 28.9% | 82.7% | 2,969 | 61.8% | 11.3% | Former OZ 1.0NMTC track recordHousing pressure | Midwest Renewable Capital, LLC |
| 47157002800 | Shelby County | 44.3% | — | 2,735 | 56% | 22.1% | Former OZ 1.0NMTC track recordCRA-eligibleHousing pressureHigh vacancy | Chase New Markets Corporation; Enhanced Community Development, LLC $8.8M · 2 deals |
| 47157003800 | Shelby County | 33.3% | — | 699 | 98.6% | 25.2% | Former OZ 1.0NMTC track recordHousing pressureHigh vacancy | Community Hospitality Healthcare Services, LLC; TMA Development Corporation $26.4M · 4 deals |
| 47157004500 Memphis | Shelby County | 52.5% | 37% | 673 | 87.5% | 14.9% | Former OZ 1.0 | — |
| 47157004600 Nashville-Davidson metropolitan government (balance) | Shelby County | 18.8% | 69.7% | 1,559 | 70.3% | 16.9% | Former OZ 1.0High vacancyUI Tier 1 | — |
| 47157005000 Collierville | Shelby County | 73.9% | 13.5% | 968 | 91.8% | 18.8% | Former OZ 1.0CRA-eligibleHousing pressureHigh vacancy | — |
| 47157005800 | Shelby County | 66.4% | 24.2% | 1,096 | 88% | 32.1% | CRA-eligibleHousing pressureHigh vacancy | — |
| 47157005900 Memphis | Shelby County | 83.6% | 17.8% | 2,082 | 55.7% | 33.1% | Former OZ 1.0NMTC track recordCRA-eligibleHousing pressureHigh vacancy | Wachovia Community Development Enterprises, LLC $11.6M · 1 deal |
| 47157010120 | Shelby County | 64.5% | 40.2% | 5,214 | 61.9% | 24.4% | CRA-eligibleHousing pressureHigh vacancy | — |
| 47157011401 | Shelby County | 27.9% | 65.7% | 1,625 | 94.8% | 1.9% | Former OZ 1.0 | — |
| 47157011402 Oak Ridge | Shelby County | 34.4% | 38.6% | 3,763 | 100% | 20.7% | Former OZ 1.0Housing pressureHigh vacancy | — |
| 47157011600 | Shelby County | 61.8% | 33.2% | 2,071 | 71.7% | 23.8% | Former OZ 1.0NMTC track recordCRA-eligibleHousing pressureHigh vacancy | Truist Community Development Enterprises, LLC a Domestic Limited Liability Company $10.1M · 1 deal |
| 47157022025 | Shelby County | 57.4% | 22.5% | 3,723 | 93.1% | 19% | NMTC track recordCRA-eligibleHousing pressureHigh vacancyUI Tier 1 | BlueHub Capital, Inc. $1.8M · 1 deal |
| 47159975200 | Smith County | 16.5% | 54.1% | 6,016 | 30.8% | 8.6% | Rural / QROFCRA-eligibleUI Tier 1 | — |
| 47161110700 | Stewart County | 20.3% | 91.6% | 4,633 | 20.6% | 22.7% | Rural / QROFHigh vacancy | — |
| 47163040200 | Sullivan County | 36% | 71.5% | 2,558 | 73.3% | 16.7% | Former OZ 1.0CRA-eligibleHigh vacancy | — |
| 47163042703 Memphis | Sullivan County | 10.9% | 69.6% | 2,306 | 48.2% | 7.9% | Rural / QROFFormer OZ 1.0CRA-eligible | — |
| 47163043000 | Sullivan County | 21.6% | 91.7% | 4,779 | 15.8% | 10% | Rural / QROFFormer OZ 1.0UI Tier 1 | — |
| 47165020300 Nashville-Davidson metropolitan government (balance) | Sumner County | 24.3% | 68.2% | 5,358 | 44.3% | 3.9% | Rural / QROFFormer OZ 1.0CRA-eligibleUI Tier 1 | — |
| 47165020800 | Sumner County | 39.5% | 45% | 8,375 | 68% | 7.7% | CRA-eligibleHousing pressureUI Tier 1 | — |
| 47167040601 | Tipton County | 30.2% | 76.8% | 5,524 | 36.8% | 5.6% | Rural / QROF | — |
| 47177930600 | Warren County | 22.6% | 74.3% | 3,902 | 40% | 10.6% | Rural / QROFNMTC track record | River Gorge Capital, LLC |
| 47177930700 | Warren County | 22.1% | 78.7% | 5,017 | 23.7% | 7.6% | Rural / QROF | — |
| 47179060100 Memphis | Washington County | 32.9% | 78.1% | 4,562 | 75.1% | 6.3% | Former OZ 1.0CRA-eligibleUI Tier 1 | — |
| 47179060800 | Washington County | 26.6% | 82.6% | 2,967 | 62.6% | 22.1% | Former OZ 1.0NMTC track recordCRA-eligibleHousing pressureHigh vacancy | RBC Community Development, LLC |
| 47179060902 Memphis | Washington County | 13.5% | 61.9% | 3,402 | 66.7% | 5% | Former OZ 1.0CRA-eligible | — |
| 47181950100 Memphis | Wayne County | 24.7% | 77.1% | 4,469 | 27.2% | 23.4% | Rural / QROFCRA-eligibleHigh vacancy | — |
| 47181950200 Memphis | Wayne County | 20.6% | 71.7% | 4,851 | 24% | 16.6% | Rural / QROFFormer OZ 1.0High vacancy | — |
| 47183968202 | Weakley County | 70.2% | — | 2,038 | 100% | 50.1% | Rural / QROFHousing pressureHigh vacancy | — |
| 47183968400 Nashville-Davidson metropolitan government (balance) | Weakley County | 21.5% | 73.9% | 5,465 | 27.6% | 6.5% | Rural / QROF | — |
| 47189030402 | Wilson County | 19.8% | 51.6% | 4,742 | 51.7% | 5.5% | Rural / QROFCRA-eligibleHousing pressureUI Tier 1 | — |
| 47189030700 Chattanooga | Wilson County | 33.8% | 55.4% | 5,158 | 53.4% | 2.8% | Rural / QROFCRA-eligibleHousing pressure | — |
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
134
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 →
9
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 →
94
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 →
374
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: Memphis, Nashville, Chattanooga, Knoxville, Antioch and 160 more
ZIP codes: 38106, 38114, 37211, 38108, 38109 and 263 more
See all 165 cities and 268 ZIP codes
All cities:
Memphis, Nashville, Chattanooga, Knoxville, Antioch, Clarksville, Murfreesboro, Johnson City, La Follette, Jackson, Kingsport, Springfield, Lebanon, Madison, Morristown, Clinton, Cleveland, Columbia, Oliver Springs, Newport, Pioneer, Ripley, Jellico, Smyrna, Athens, Hermitage, Alcoa, Maryville, Lafayette, Jacksboro, Harriman, Lyles, Adamsville, Mcminnville, Gallatin, Mountain City, Newcomb, Oak Ridge, Oneida, Rutledge, Savannah, Smithville, South Pittsburg, Thorn Hill, Whitleyville, Greeneville, Woodbury, Bulls Gap, Clairfield, Bon Aqua, Crossville, Cookeville, Dyersburg, Briceville, Elizabethton, Brownsville, Centerville, Paris, Pelham, Saulsbury, Brush Creek, Rogersville, Rocky Top, Rockwood, Bradyville, Red Boiling Springs, Readyville, Bristol, Pruden, Primm Springs, Powell, Selmer, Powder Springs, Portland, Pleasant Shade, Pall Mall, Piney Flats, Pigeon Forge, Bolivar, Gainesboro, Byrdstown, Trade, Williamsport, Whitwell, Allons, Whiteside, Whitesburg, Watertown, Watauga, Washburn, Wartburg, Union City, Tullahoma, Trimble, Tracy City, Sewanee, Tigrett, Arlington, Tazewell, Stantonville, Auburntown, Speedwell, Sparta, Bean Station, Sneedville, Beechgrove, Bethel Springs, Shelbyville, Sevierville, Mountain Home, Carthage, Hohenwald, La Vergne, Dowelltown, Duck River, Duff, Kenton, Jonesborough, Dunlap, Jasper, Jamestown, Eagan, Huntsville, Hilham, Lancing, Hickory Valley, Enville, Henning, Helenwood, Harrogate, Ethridge, Halls, Guild, Finger, Grand Junction, Gordonsville, Dayton, Laurel Bloomery, Celina, Milledgeville, Friendship, Mount Pleasant, Moss, Mosheim, Morrison, Morris Chapel, Mooresburg, Monteagle, Monroe, Milton, Millington, Midway, Lawrenceburg, Middleton, Cosby, Maynardville, Covington, Manchester, Culleoka, Luttrell, Afton, Linden, Liberty, Cumberland Gap, Lobelville
All ZIP codes:
38106, 38114, 37211, 38108, 38109, 37404, 37013, 38115, 38118, 38127, 38111, 38128, 38122, 37217, 38107, 37207, 38112, 37130, 38116, 37601, 38301, 37921, 37766, 37411, 37210, 37660, 37406, 37040, 37115, 38104, 37604, 37087, 37208, 37914, 37203, 37814, 37042, 37407, 37172, 37664, 37408, 37127, 37762, 38126, 38105, 37847, 38401, 37311, 37303, 37412, 37840, 37821, 37917, 37218, 37813, 37076, 38063, 38134, 37129, 37701, 37716, 37167, 37915, 37804, 37711, 37410, 37748, 37745, 37743, 37715, 37409, 37757, 37801, 37643, 38135, 37710, 38141, 37665, 37683, 38588, 37819, 37066, 37110, 37098, 38555, 37912, 37090, 37083, 38024, 37881, 38572, 37033, 37919, 37920, 37025, 38012, 37830, 38501, 37209, 37206, 38310, 37380, 37841, 38372, 38103, 38117, 37861, 37216, 37323, 37204, 37190, 37166, 38034, 38052, 38070, 38067, 38083, 38019, 38039, 38040, 38041, 38042, 38053, 38193, 38125, 38549, 38454, 38456, 38462, 38464, 38474, 38476, 38487, 38503, 38541, 38547, 38551, 38130, 38556, 38557, 38562, 38563, 38568, 38571, 38573, 38575, 38577, 38583, 38451, 38379, 38375, 38361, 38131, 38132, 38133, 38136, 38168, 38175, 38181, 38182, 38186, 38190, 38002, 38233, 38242, 38259, 38261, 38303, 38305, 38315, 38332, 38334, 38359, 38008, 37011, 37997, 37357, 37213, 37221, 37243, 37321, 37327, 37340, 37347, 37355, 37356, 37366, 37605, 37375, 37387, 37388, 37396, 37397, 37402, 37403, 37414, 37419, 37205, 37184, 37160, 37150, 37016, 37018, 37026, 37030, 37041, 37043, 37044, 37059, 37086, 37088, 37095, 37096, 37097, 37118, 37128, 37133, 37145, 37148, 37149, 37421, 37616, 37931, 37863, 37815, 37816, 37818, 37848, 37849, 37851, 37854, 37857, 37862, 37869, 37620, 37870, 37879, 37887, 37888, 37891, 37902, 37909, 37916, 37918, 37809, 37807, 37779, 37770, 37621, 37659, 37662, 37669, 37680, 37684, 37686, 37691, 37694, 37708, 37717, 37722, 37724, 37729, 37730, 37752, 37755, 37756, 37769, 37811
Look up a specific tract (FFIEC) → Source: FFIEC Census Flat File 2026, joined to IRS Rev. Proc. 2026-14 eligible tracts.
151
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
Tennessee Dept. of Economic and Community Development (TNECD)
https://www.tn.gov/ecd/opportunity-zones.html(615) 741-1888
Certified CDFIs
49 certified CDFIs headquartered in Tennessee. CDFI Fund certified list →
USDA Rural Development
USDA RD Tennessee State Office →RCAP Regional Partner
Communities Unlimited →Rural LISC
Rural LISC →Native / tribal
No formal tribal consultation process has been published for Tennessee'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.