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OZ 2.0 | State Resource

Tennessee

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Last checked 2026-06-16

507

Total eligible tracts

222

Rural eligible

127

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.

TNECD has not published a formal OZ 2.0 application or nomination deadline as of May 7, 2026, but the department convened mayors and local stakeholders for a working discussion on February 18, 2026 — a signal that TNECD is actively scoping the process ahead of the federal nomination window that opens July 1, 2026. Local planners should email ED.OpportunityZones@tn.gov today to introduce their community, identify the specific eligible tracts they wish to champion, and ask when TNECD will publish its internal submission timeline; calls to (615) 741-1888 are another direct path to the OZ team. Watch for a formal Request for Nominations — or at minimum a structured intake form — to appear on the TNECD OZ page in coming weeks, given that comparable states are setting internal deadlines four to six weeks ahead of July 1.

Eligible tracts

Loading 507 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
Shelby County 124
Davidson County 55
Knox County 25
Hamilton County 20
Rutherford County 16
Sullivan County 12
Madison County 10
Washington County 10
Campbell County 9
Montgomery County 9

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.

How to influence the nomination

No public process has been announced for Tennessee 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

Tennessee Dept. of Economic and Community Development (TNECD)

https://www.tn.gov/ecd/opportunity-zones.html

ED.OpportunityZones@tn.gov

(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.

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.