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OZ 2.0 | State Resource

Virginia

Designated · 153 tracts

Last checked 2026-06-16

153

Designated tracts (of 611 eligible)

77

Rural designated — QROF treatment

72

Former OZ 1.0 tracts redesignated

57

Days until designations take effect

How Virginia chose

Treasury published the final list on October 30, 2026. Virginia designated 153 of 611 eligible tracts, its full allocation, in 89 of 107 counties with eligible tracts. Designations take effect January 1, 2027 and run through December 31, 2036. Treasury's October list has 4 more eligible tracts here than the April appendix, qualified under its missing-data rules; 1 was designated.

Compared with the eligible tracts it passed over, Virginia favored former OZ 1.0 tracts, tracts with prior NMTC deals and higher-poverty tracts.

Trait Designated Passed over
Former OZ 1.0 tract 47.1% 19.2%
Rural (QROF) 50.3% 46.1%
Urban Institute Tier 1 21.6% 15.1%
Median poverty rate 20.8% 18.4%
Median family income, % of area 59.1% 59.2%
Residents of color (mean) 51.6% 51.1%
Median density, people / sq mi 1,604 2,343

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 →

175 OZ 1.0 tracts in Virginia 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 Virginia ran its nomination input process

Nomination process

Community input window closed 2026-04-27. The state is now in internal review.

VEDP and DHCD jointly ran Virginia's OZ 2.0 public engagement process on behalf of Governor Youngkin: county-level feedback was requested by March 2, 2026; webinars were held April 16 and 21; and a stakeholder survey was open through April 27, 2026. The formal input window has closed. Both agencies are now evaluating submissions to inform the Governor's final nominations, due to Treasury starting July 1, 2026. If your jurisdiction has not yet engaged, email oz2026@vedp.org or oz@dhcd.virginia.gov — written input from local governments may still carry weight before the Governor's office finalizes its list. Virginia will nominate 152 of 607 eligible tracts.

Map: designated and eligible tracts

Loading 611 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
Richmond city 8 / 35 — 1 / 13 31,895 Capital One Community Renewal Fund, LLC; Truist Community Development Enterprises, LLC a Domestic Limited Liability Company
Norfolk city 7 / 29 — 4 / 12 14,969 Norfolk Redevelopment and Housing Authority
Fairfax County 6 / 26 — 4 / 5 31,443 National New Markets Tax Credit Fund, Inc.
Henrico County 5 / 22 — 1 / 8 18,348 —
Newport News city 5 / 21 — 5 / 2 19,354 Community Development Funding, LLC; People Incorporated Financial Services
Portsmouth city 5 / 20 — 2 / 6 10,515 —
Prince William County 5 / 23 — 3 / 6 29,474 —
Hampton city 4 / 17 — 2 / 3 7,890 —
Pittsylvania County 4 / 16 4 2 / 1 14,293 —
Virginia Beach city 4 / 17 — 2 / 8 18,246 —
Alexandria city 3 / 12 — 2 / 4 11,810 Community Revitalization Fund, Inc.
Chesterfield County 3 / 13 — 2 / 2 8,390 —
Danville city 3 / 13 3 1 / 3 6,760 Danville, Virginia CDE, Inc.; Merrill Lynch Community Development Company
Lynchburg city 3 / 13 — 2 / 4 5,379 Consortium America, LLC; Local Initiatives Support Corporation; Wachovia Community Development Enterprises, LLC
Roanoke city 3 / 12 — 0 / 4 10,170 Hampton Roads Ventures, LLC
Accomack County 2 / 8 2 2 / 2 4,115 —
Carroll County 2 / 8 2 1 / 0 8,495 —
Chesapeake city 2 / 8 — 0 / 3 7,390 —
Halifax County 2 / 8 2 1 / 3 8,931 Hampton Roads Ventures, LLC
Henry County 2 / 11 2 2 / 3 7,948 Truist Community Development Enterprises, LLC a Domestic Limited Liability Company
Petersburg city 2 / 10 — 1 / 2 6,843 —
Smyth County 2 / 9 2 2 / 0 7,007 —
Spotsylvania County 2 / 9 2 2 / 1 9,679 —
Suffolk city 2 / 9 — 1 / 1 3,707 —
Tazewell County 2 / 10 2 1 / 1 8,392 —
Wise County 2 / 11 2 1 / 3 7,544 —
Albemarle County 1 / 6 1 1 / 2 3,264 —
Alleghany County 1 / 4 1 0 / 1 2,863 —
Arlington County 1 / 7 — 0 / 2 7,572 —
Bath County 1 / 2 1 0 / 0 2,245 Locus Impact Fund
Bristol city 1 / 3 1 0 / 2 2,578 People Incorporated Financial Services; Virginia Community Development Fund, Inc., The
Brunswick County 1 / 4 1 0 / 1 2,081 —
Buchanan County 1 / 7 1 1 / 0 2,725 —
Buckingham County 1 / 2 1 0 / 0 3,159 —
Buena Vista city 1 / 2 1 1 / 1 3,021 —
Campbell County 1 / 1 1 0 / 2 3,310 —
Caroline County 1 / 2 1 0 / 1 2,400 —
Charlotte County 1 / 3 1 1 / 1 2,974 —
Charlottesville city 1 / 4 1 0 / 2 4,744 —
Covington city 1 / 2 1 1 / 0 2,900 —
Culpeper County 1 / 3 1 0 / 1 6,030 —
Cumberland County 1 / 3 1 1 / 0 3,786 —
Dickenson County 1 / 4 1 1 / 0 4,602 —
Dinwiddie County 1 / 3 — 0 / 1 796 —
Emporia city 1 / 2 1 1 / 0 2,878 —
Fauquier County 1 / 2 1 1 / 0 6,039 —
Floyd County 1 / 1 1 0 / 0 1,948 —
Fluvanna County 1 / 1 1 0 / 0 5,167 —
Franklin County 1 / 3 1 0 / 2 2,831 —
Franklin city 1 / 1 1 1 / 0 3,823 —
Fredericksburg city 1 / 4 1 0 / 3 5,132 —
Galax city 1 / 2 1 1 / 1 3,755 —
Grayson County 1 / 5 1 1 / 0 3,797 CCG Community Partners, LLC
Hanover County 1 / 1 — 0 / 0 5,189 —
Harrisonburg city 1 / 5 — 1 / 1 5,814 —
Hopewell city 1 / 6 — 1 / 1 5,116 —
Lancaster County 1 / 2 1 0 / 1 1,879 —
Lee County 1 / 6 1 1 / 0 4,081 —
Loudoun County 1 / 4 — 0 / 3 3,978 —
Louisa County 1 / 2 1 0 / 0 3,317 —
Lunenburg County 1 / 3 1 0 / 0 4,043 —
Manassas city 1 / 4 — 0 / 1 6,139 —
Martinsville city 1 / 4 1 1 / 1 1,994 —
Mecklenburg County 1 / 6 1 0 / 3 3,459 —
Montgomery County 1 / 4 1 0 / 3 2,537 —
Northampton County 1 / 2 1 0 / 2 4,015 —
Northumberland County 1 / 2 1 0 / 0 3,445 —
Norton city 1 / 1 1 1 / 0 3,577 —
Nottoway County 1 / 2 1 0 / 0 3,360 Virginia Community Development Fund, Inc., The
Page County 1 / 6 1 0 / 1 4,297 —
Patrick County 1 / 4 1 0 / 0 2,747 —
Prince Edward County 1 / 5 1 1 / 0 5,114 —
Pulaski County 1 / 3 1 0 / 1 4,186 —
Rappahannock County 1 / 2 1 0 / 0 2,876 —
Rockbridge County 1 / 4 1 0 / 0 3,912 —
Rockingham County 1 / 3 — 1 / 1 4,909 —
Russell County 1 / 6 1 0 / 2 2,376 —
Scott County 1 / 4 — 1 / 0 4,183 —
Shenandoah County 1 / 3 1 1 / 0 4,389 —
Stafford County 1 / 3 1 0 / 0 6,917 —
Staunton city 1 / 1 1 1 / 1 4,439 —
Sussex County 1 / 1 1 1 / 0 2,886 —
Warren County 1 / 5 1 0 / 1 5,207 —
Washington County 1 / 1 1 0 / 2 4,164 —
Waynesboro city 1 / 2 1 0 / 1 1,090 Hampton Roads Ventures, LLC; Virginia Community Development Fund, Inc., The
Westmoreland County 1 / 3 1 0 / 0 2,987 —
Williamsburg city 1 / 1 1 0 / 1 7,923 —
Winchester city 1 / 3 1 1 / 1 3,551 ESIC New Markets Partners LP; Self-Help Ventures Fund
Wythe County 1 / 6 1 1 / 1 2,734 Enhanced Community Development, LLC
Amherst County 0 / 1 — 0 / 1 — —
Appomattox County 0 / 1 — 0 / 2 — —
Augusta County 0 / 1 — 0 / 2 — —
Bedford County 0 / 1 — 0 / 1 — —
Essex County 0 / 1 — 0 / 1 — —
Greensville County 0 / 1 — 0 / 1 — —
James City County 0 / 1 — 0 / 1 — —
Lexington city 0 / 1 — 0 / 2 — —
Prince George County 0 / 1 — 0 / 1 — —
Radford city 0 / 1 — 0 / 3 — —
Roanoke 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. 19 distinct CDEs across Virginia's designated tracts.

Find projects and partners in the designated tracts

Every designated tract in Virginia, 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.

153 of 153 tracts shown

Download all eligible tracts, national (CSV) →
Tract County Pov. MFI Pop. Rent. Vac. Signals Prior NMTC CDEs
51001090102 Danville Accomack County 11.2% 63.8% 1,499 29% 68.5%
Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancy
—
51001090202 Accomack County 26.6% 36.9% 2,616 42.6% 20.5%
Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancy
—
51003010702 Albemarle County 16.1% 54.5% 3,264 48.3% 14.3%
Rural / QROFFormer OZ 1.0
—
51510200104 Alexandria city 19.5% 42.6% 4,273 100% 0.4%
Former OZ 1.0CRA-eligibleHousing pressure
—
51510200304 Alexandria city 18.5% 64.7% 2,648 72% 1.3%
Former OZ 1.0CRA-eligibleHousing pressure
—
51510200406 Alexandria city 2.8% 48.2% 4,889 74.9% 4.8%
NMTC track recordCRA-eligible
Community Revitalization Fund, Inc. $24.1M · 1 deal
51005080201 Alleghany County 8% 64.6% 2,863 16% 16.9%
Rural / QROFCRA-eligibleHigh vacancy
—
51013102200 Arlington County 18.8% 41.5% 7,572 69.3% 6.9%
CRA-eligibleHousing pressure
—
51017920102 Bath County 28% 79.1% 2,245 31.7% 44.5%
Rural / QROFNMTC track recordHigh vacancy
Locus Impact Fund $8.2M · 1 deal
51520020201 Bristol city 41% 48.2% 2,578 82.7% 18.3%
Rural / QROFNMTC track recordCRA-eligibleHigh vacancy
People Incorporated Financial Services; Virginia Community Development Fund, Inc., The $5.3M · 2 deals
51025930201 Brunswick County 29.9% 54.1% 2,081 19.9% 23.4%
Rural / QROFCRA-eligibleHigh vacancy
—
51027010300 Buchanan County 16.6% 42.3% 2,725 10.2% 25.2%
Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancy
—
51029930102 Buckingham County 17% 60.7% 3,159 32.4% 8.9%
Rural / QROFCRA-eligible
—
51530930602 Buena Vista city 27.7% 51.2% 3,021 53.3% 10.7%
Rural / QROFFormer OZ 1.0CRA-eligible
—
51031020800 Campbell County 16.2% 66.6% 3,310 12.3% 15.3%
Rural / QROFCRA-eligibleHigh vacancyUI Tier 1
—
51033030503 Caroline County 27.9% 41.4% 2,400 12.9% 9.3%
Rural / QROF
—
51035080100 Carroll County 8.6% 58.1% 3,739 17.5% 20.6%
Rural / QROFCRA-eligibleHigh vacancy
—
51035080200 Carroll County 16.4% 68% 4,756 26.4% 12.4%
Rural / QROFFormer OZ 1.0CRA-eligibleUI Tier 1
—
51037930101 Lynchburg Charlotte County 19.6% 59.3% 2,974 38% 21.8%
Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancy
—
51540000202 Charlottesville city 49% 31.2% 4,744 90.3% 12.1%
Rural / QROFCRA-eligibleHousing pressure
—
51550020700 Chesapeake city 26% 70.1% 4,933 59% 3.4%
CRA-eligibleHousing pressure
—
51550020813 Richmond Chesapeake city 20.8% 55.9% 2,457 92.9% 6%
CRA-eligibleHousing pressure
—
51041100107 Chesterfield County 30.3% 37.7% 2,762 82% 10.8%
Former OZ 1.0CRA-eligibleHousing pressureUI Tier 1
—
51041100407 Chesterfield County 26.4% 58.1% 4,153 39.8% 11.1%
Former OZ 1.0CRA-eligible
—
51041100920 Danville Chesterfield County 7.2% 66% 1,475 78.1% 12.8%
—
51580060200 Arlington Covington city 22.5% 48.5% 2,900 33.9% 7.6%
Rural / QROFFormer OZ 1.0CRA-eligible
—
51047930502 Culpeper County 12.4% 69.1% 6,030 43.7% 7.7%
Rural / QROFCRA-eligibleUI Tier 1
—
51049930200 Cumberland County 7.7% 53.3% 3,786 26.9% 15.5%
Rural / QROFFormer OZ 1.0High vacancy
—
51590000200 Danville city 27.5% 40% 3,425 57.8% 18.2%
Rural / QROFCRA-eligibleHousing pressureHigh vacancy
—
51590000500 Petersburg Danville city 24.7% 79.4% 1,873 83% 16.9%
Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligibleHigh vacancyUI Tier 1
Danville, Virginia CDE, Inc.; Merrill Lynch Community Development Company $8.3M · 2 deals
51590001301 Danville city 12.3% 42.8% 1,462 53.7% 6.8%
Rural / QROFNMTC track recordCRA-eligible
Danville, Virginia CDE, Inc. $2.2M · 2 deals
51051040300 Dickenson County 15.1% 53.8% 4,602 24.6% 16.1%
Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancy
—
51053840400 Dinwiddie County 11.8% 67.7% 796 43.9% 16.3%
High vacancy
—
51595890100 Emporia city 23% 44.2% 2,878 75.8% 19.3%
Rural / QROFFormer OZ 1.0CRA-eligibleHousing pressureHigh vacancyUI Tier 1
—
51059421500 Portsmouth Fairfax County 7.4% 55.9% 6,872 49.1% 2.2%
Former OZ 1.0NMTC track recordCRA-eligible
National New Markets Tax Credit Fund, Inc. $5.8M · 1 deal
51059451400 Fairfax County 11% 41.3% 3,592 79.2% 0%
Former OZ 1.0CRA-eligibleUI Tier 1
—
51059452801 Fairfax County 21.4% 76.4% 5,740 47.2% 4.6%
Former OZ 1.0CRA-eligible
—
51059481000 Fairfax County 14.5% 68.9% 7,284 54.6% 3.9%
Former OZ 1.0CRA-eligibleHousing pressure
—
51059491202 Fairfax County 14.3% 51.7% 2,263 99.5% 8.4%
CRA-eligible
—
51059491601 Fairfax County 12.5% 53.6% 5,692 39.6% 2.7%
CRA-eligibleUI Tier 1
—
51061930706 Fauquier County 11% 56% 6,039 28.8% 0.7%
Rural / QROFFormer OZ 1.0CRA-eligible
—
51063920202 Floyd County 23.9% 82.8% 1,948 23.5% 32%
Rural / QROFCRA-eligibleHigh vacancy
—
51065020200 Fluvanna County 12.7% 44.2% 5,167 21.8% 11.9%
Rural / QROFCRA-eligible
—
51067020801 Franklin County 25.9% 70.9% 2,831 57.1% 13.3%
Rural / QROFCRA-eligibleHousing pressure
—
51620090200 Franklin city 32.8% 43.9% 3,823 67.3% 14.1%
Rural / QROFFormer OZ 1.0CRA-eligibleHousing pressure
—
51630000302 Centreville Fredericksburg city 14.8% 62.4% 5,132 44.6% 2%
Rural / QROFCRA-eligibleUI Tier 1
—
51640070101 Galax city 30.5% 61.8% 3,755 43.9% 19.2%
Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancy
—
51077060201 Lynchburg Grayson County 15% 57.2% 3,797 23.7% 27.5%
Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligibleHigh vacancyUI Tier 1
CCG Community Partners, LLC
51083930302 Sappony SDTSA Halifax County 18.5% 53.1% 4,467 21.9% 16.2%
Rural / QROFTribalHigh vacancy
—
51083930800 Halifax County 30% 46% 4,464 45% 23.4%
Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligibleHigh vacancy
Hampton Roads Ventures, LLC
51650010314 Hampton city 20.2% 68.2% 1,503 39.3% 4.1%
Former OZ 1.0CRA-eligible
—
51650010601 Hampton city 15% 48.7% 1,361 52.9% 20.9%
Former OZ 1.0Housing pressureHigh vacancyUI Tier 1
—
51650010602 Hampton city 21.6% 71.9% 2,760 54.9% 0.7%
CRA-eligible
—
51650011300 Hampton city 20.5% 38.5% 2,266 56.5% 5.7%
CRA-eligibleHousing pressure
—
51085320601 Hanover County 24.9% 101.3% 5,189 40.8% 11.7%
—
51660000302 Harrisonburg city 22.2% 64.8% 5,814 59.8% 0%
Former OZ 1.0
—
51087200700 Henrico County 16.2% 64% 3,952 49.8% 9%
CRA-eligibleUI Tier 1
—
51087200807 Henrico County 26% 46.5% 3,728 76.3% 22.2%
CRA-eligibleHousing pressureHigh vacancy
—
51087201002 Henrico County 21.6% 50.7% 3,134 51.5% 6%
CRA-eligibleHousing pressure
—
51087201406 Henrico County 11.8% — 3,431 62.8% 4.9%
Housing pressureAdded Oct. 2026
—
51087201504 Henrico County 24.5% 76.4% 4,103 44.2% 6.5%
Former OZ 1.0CRA-eligible
—
51089010602 Henry County 9.5% 64.2% 4,302 18.3% 21.5%
Rural / QROFFormer OZ 1.0High vacancy
—
51089010700 Henry County 18.1% 57.5% 3,646 15.5% 14.4%
Rural / QROFFormer OZ 1.0NMTC track record
Truist Community Development Enterprises, LLC a Domestic Limited Liability Company $9.7M · 1 deal
51670820600 Hopewell city 16.9% 68.8% 5,116 46.6% 12.2%
Former OZ 1.0CRA-eligible
—
51103030301 Lancaster County 7.8% 60.9% 1,879 14.2% 38.7%
Rural / QROFHigh vacancy
—
51105950500 Arlington Lee County 35% 33.4% 4,081 41.6% 20.4%
Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancyPersistent poverty
—
51107611602 Loudoun County 9% 56.6% 3,978 37.9% 2.3%
CRA-eligible
—
51109950400 Louisa County 14.9% 67.6% 3,317 13.9% 5.8%
Rural / QROF
—
51111930200 Lunenburg County 18.5% 63.1% 4,043 28.6% 20%
Rural / QROFCRA-eligibleHigh vacancy
—
51680000500 Lynchburg city 20.7% 113.8% 675 93.1% 32.1%
Former OZ 1.0NMTC track recordHigh vacancyUI Tier 1
Consortium America, LLC $10.5M · 1 deal
51680000600 Chesapeake Lynchburg city 40.9% — 3,052 71.9% 29.6%
Former OZ 1.0NMTC track recordCRA-eligibleHousing pressureHigh vacancy
Local Initiatives Support Corporation $20.8M · 1 deal
51680001100 Seven Corners Lynchburg city 16.9% 64.8% 1,652 61.6% 32.3%
NMTC track recordCRA-eligibleHousing pressureHigh vacancy
Wachovia Community Development Enterprises, LLC $5.2M · 1 deal
51683910302 Manassas city 13.4% 55.1% 6,139 43.4% 3.1%
CRA-eligible
—
51690000200 Martinsville city 40.6% 30% 1,994 51.3% 35.4%
Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancy
—
51117930800 Richmond Mecklenburg County 9.8% 54% 3,459 29.4% 25.6%
Rural / QROFCRA-eligibleHigh vacancy
—
51121020401 Montgomery County 79.3% 51.2% 2,537 93.9% 23.9%
Rural / QROFCRA-eligibleHousing pressureHigh vacancy
—
51700030100 Hampton Newport News city 25.4% 42.3% 3,650 99.6% 13.3%
Former OZ 1.0NMTC track recordCRA-eligibleHousing pressure
People Incorporated Financial Services $9.7M · 1 deal
51700030400 Lake Ridge Newport News city 37.6% 51.6% 4,665 75.5% 11.7%
Former OZ 1.0NMTC track recordCRA-eligibleHousing pressureUI Tier 1
Community Development Funding, LLC $19.4M · 1 deal
51700032113 Newport News city 10.3% 69.7% 3,117 76.9% 13.6%
Former OZ 1.0CRA-eligibleHousing pressureUI Tier 1
—
51700032128 Newport News city 20.2% 61% 3,935 85.8% 13%
Former OZ 1.0CRA-eligible
—
51700032225 Hampton Newport News city 25.7% 76.3% 3,987 66% 9.8%
Former OZ 1.0CRA-eligibleHousing pressure
—
51710000201 Norfolk city 16.7% 68.8% 2,245 69.1% 10.1%
Housing pressure
—
51710001400 Norfolk city 25.1% 59% 2,703 65.8% 2.8%
CRA-eligibleHousing pressure
—
51710004100 Stanleytown Norfolk city 56.4% 24.4% 2,001 95.2% 8.4%
Former OZ 1.0CRA-eligible
—
51710004200 Groveton Norfolk city 73.6% — 1,331 96.6% 0%
Former OZ 1.0NMTC track recordCRA-eligible
Norfolk Redevelopment and Housing Authority
51710004600 Norfolk city 25% 50.8% 2,108 77% 1.3%
CRA-eligibleUI Tier 1
—
51710004800 Norfolk city 48.4% 32.2% 932 100% 17%
Former OZ 1.0CRA-eligibleHousing pressureHigh vacancy
—
51710005000 Portsmouth Norfolk city 39.9% 39.9% 3,649 66.6% 13%
Former OZ 1.0CRA-eligibleHousing pressureUI Tier 1
—
51131930100 Northampton County 20.1% 64.3% 4,015 39.7% 26%
Rural / QROFHigh vacancyPersistent poverty
—
51133020100 Northumberland County 14.8% 57% 3,445 18% 37.4%
Rural / QROFCRA-eligibleHigh vacancy
—
51720960100 Norton city 26.3% 46.4% 3,577 50% 9%
Rural / QROFFormer OZ 1.0CRA-eligible
—
51135000102 Nottoway County 23.6% 64.8% 3,360 37.9% 16.4%
Rural / QROFNMTC track recordHigh vacancy
Virginia Community Development Fund, Inc., The $2.0M · 1 deal
51139030200 Woodbridge Page County 9.1% 64.7% 4,297 25.3% 25%
Rural / QROFHigh vacancy
—
51141030202 Norfolk Patrick County 9.7% 62.3% 2,747 19.6% 20.5%
Rural / QROFCRA-eligibleHigh vacancy
—
51730811100 Petersburg city 4.7% 66.9% 3,631 46.8% 9.6%
CRA-eligible
—
51730811300 Hopewell Petersburg city 25.9% 46.7% 3,212 79% 17.4%
Former OZ 1.0CRA-eligibleHigh vacancyUI Tier 1
—
51143010200 Pittsylvania County 23.2% 50.1% 4,301 28.3% 12.8%
Rural / QROFFormer OZ 1.0
—
51143010803 Pittsylvania County 32.5% 48.8% 2,959 24.8% 14.5%
Rural / QROF
—
51143011001 Pittsylvania County 7.4% 68.5% 4,656 22% 6.8%
Rural / QROFUI Tier 1
—
51143011100 Pittsylvania County 6.1% 62.6% 2,377 29.6% 29%
Rural / QROFFormer OZ 1.0High vacancy
—
51740210200 Portsmouth city 17.1% 51.2% 2,161 31.8% 8.7%
Former OZ 1.0CRA-eligible
—
51740210900 Harrisonburg Portsmouth city 21.3% 110% 3,650 76.2% 15.6%
Housing pressureHigh vacancyUI Tier 1
—
51740211100 Portsmouth city 41.9% 70.1% 1,767 70.2% 3.1%
CRA-eligibleHousing pressure
—
51740212100 Portsmouth city 37.2% 46.3% 1,191 74.8% 8.2%
Former OZ 1.0CRA-eligible
—
51740212600 Portsmouth Portsmouth city 21.1% 73% 1,746 15.7% 11.2%
CRA-eligible
—
51147930204 Prince Edward County 24.5% 76.8% 5,114 47.5% 18.2%
Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancy
—
51153900201 Prince William County 13.1% 68.2% 3,117 62.2% 7.4%
Former OZ 1.0CRA-eligibleHousing pressureUI Tier 1
—
51153900302 Prince William County 16% 64.9% 5,523 55.9% 6.8%
Former OZ 1.0CRA-eligible
—
51153900901 Prince William County 5% 47.6% 6,123 47.2% 6.7%
CRA-eligibleUI Tier 1
—
51153901403 Prince William County 4.4% 44.3% 7,455 68.8% 2.8%
CRA-eligibleHousing pressureUI Tier 1
—
51153901900 Prince William County 21.6% 78.5% 7,256 50.8% 2%
Former OZ 1.0CRA-eligibleUI Tier 1
—
51155210201 Pulaski County 29.5% 72.8% 4,186 50.2% 9.2%
Rural / QROFCRA-eligibleHousing pressure
—
51157950100 Rappahannock County 4.7% 50.8% 2,876 36.1% 26.5%
Rural / QROFCRA-eligibleHigh vacancy
—
51760011100 Richmond city 31.7% 67.5% 3,357 67.9% 16.7%
CRA-eligibleHousing pressureHigh vacancy
—
51760030100 Richmond city 64.8% 22% 2,623 100% 13.6%
CRA-eligible
—
51760030501 Richmond city 32.7% 61.9% 2,980 100% 13%
NMTC track recordHousing pressure
Capital One Community Renewal Fund, LLC $12.5M · 1 deal
51760060400 Richmond city 23.7% 67.8% 5,748 39.6% 3.6%
CRA-eligibleUI Tier 1
—
51760060700 Norfolk Richmond city 49.2% 29.8% 5,433 69.9% 15.7%
Former OZ 1.0NMTC track recordCRA-eligibleHousing pressureHigh vacancy
Truist Community Development Enterprises, LLC a Domestic Limited Liability Company $10.7M · 1 deal
51760070602 Galax Richmond city 17.5% 56.2% 1,855 39.9% 6.3%
CRA-eligible
—
51760070700 Richmond city 16.7% 66.2% 7,708 40.1% 2.8%
CRA-eligibleUI Tier 1
—
51760071004 Richmond city 22.4% 51.8% 2,191 98% 9%
Housing pressure
—
51770001000 Portsmouth Roanoke city 27.5% 52.8% 2,385 75% 18.7%
CRA-eligibleHigh vacancy
—
51770002400 Roanoke city 31.8% 61.3% 4,618 37.8% 8.6%
CRA-eligible
—
51770002502 Roanoke city 29.4% 53.1% 3,167 82.9% 11.4%
NMTC track recordCRA-eligible
Hampton Roads Ventures, LLC $20.5M · 1 deal
51163930400 Rockbridge County 10.1% 67.5% 3,912 20.6% 18.6%
Rural / QROFCRA-eligibleHigh vacancy
—
51165011700 Rockingham County 27.8% 87.7% 4,909 48.2% 2.3%
Former OZ 1.0UI Tier 1
—
51167030201 Woodbridge Russell County 30.9% 37.6% 2,376 48.6% 18.5%
Rural / QROFCRA-eligibleHigh vacancy
—
51169030600 Scott County 21.9% 90% 4,183 27.9% 18.2%
Former OZ 1.0High vacancy
—
51171040700 Manassas Shenandoah County 19.3% 59.9% 4,389 24.4% 13.6%
Rural / QROFFormer OZ 1.0
—
51173030301 Smyth County 23.6% 59.2% 2,185 40.3% 19.1%
Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancy
—
51173030701 Roanoke Smyth County 11.7% 59.2% 4,822 23.7% 3.9%
Rural / QROFFormer OZ 1.0CRA-eligible
—
51177020202 Spotsylvania County 13.2% 53.9% 4,987 24.7% 6.2%
Rural / QROFFormer OZ 1.0CRA-eligible
—
51177020304 Spotsylvania County 4.5% 69.6% 4,692 33.1% 3.6%
Rural / QROFFormer OZ 1.0CRA-eligible
—
51179010304 Stafford County 9.8% 67.1% 6,917 34.9% 6.9%
Rural / QROFCRA-eligibleUI Tier 1
—
51790000200 Staunton city 19.2% 69.4% 4,439 56.6% 7.6%
Rural / QROFFormer OZ 1.0CRA-eligibleUI Tier 1
—
51800065402 Suffolk city 22.1% 75.7% 1,772 63.8% 7.8%
Former OZ 1.0CRA-eligibleHousing pressure
—
51800075701 Suffolk city 13.4% 63.9% 1,935 54.4% 8.3%
CRA-eligibleUI Tier 1
—
51183870300 Sussex County 10.3% 56.3% 2,886 39.1% 12.2%
Rural / QROFFormer OZ 1.0CRA-eligible
—
51185020200 Tazewell County 20.8% 53.3% 4,347 40% 8.1%
Rural / QROFFormer OZ 1.0CRA-eligible
—
51185020400 Tazewell County 21.9% 48.3% 4,045 22.3% 11.1%
Rural / QROFCRA-eligible
—
51810040200 Virginia Beach city 27.9% 52.4% 4,920 64.5% 4.8%
Former OZ 1.0CRA-eligibleHousing pressure
—
51810040600 Virginia Beach city 27% 63.1% 7,949 76.2% 5.9%
CRA-eligibleHousing pressureUI Tier 1
—
51810041002 Virginia Beach city 16% 64.2% 2,806 51.1% 11.2%
Former OZ 1.0CRA-eligibleHousing pressureUI Tier 1
—
51810044004 Lynchburg Virginia Beach city 21.1% 117.3% 2,571 68.5% 27.1%
High vacancy
—
51187020400 Warren County 11% 50.7% 5,207 46.2% 9.3%
Rural / QROFCRA-eligible
—
51191010502 Washington County 21.1% 84.4% 4,164 46.9% 12.6%
Rural / QROFUI Tier 1
—
51820003100 Sudley Waynesboro city 21.4% 60.7% 1,090 70.1% 9.7%
Rural / QROFNMTC track recordHousing pressure
Hampton Roads Ventures, LLC; Virginia Community Development Fund, Inc., The $12.3M · 2 deals
51193010102 Westmoreland County 17.5% 53.2% 2,987 21.6% 17.8%
Rural / QROFHigh vacancy
—
51830370300 Williamsburg city 22.5% 96.3% 7,923 50.5% 4.3%
Rural / QROFHousing pressure
—
51840000102 Winchester city 43.6% 56.2% 3,551 71.6% 7.4%
Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligibleHousing pressure
ESIC New Markets Partners LP; Self-Help Ventures Fund $12.1M · 2 deals
51195931100 Norton Wise County 29% 36.6% 2,240 23.9% 21.6%
Rural / QROFCRA-eligibleHigh vacancy
—
51195931400 Wise County 19.1% 61.7% 5,304 29.1% 4%
Rural / QROFFormer OZ 1.0CRA-eligible
—
51197050101 Wythe County 26.6% 77.8% 2,734 49.8% 14.5%
Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligible
Enhanced Community Development, LLC

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

125

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 →

2

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 →

58

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 →

472

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: Richmond, Norfolk, Newport News, Alexandria, Portsmouth and 239 more

ZIP codes: 23223, 23224, 23234, 23803, 23222 and 354 more

See all 244 cities and 359 ZIP codes

All cities:

Richmond, Norfolk, Newport News, Alexandria, Portsmouth, Henrico, Hampton, Manassas, Roanoke, Woodbridge, Petersburg, Virginia Beach, Fredericksburg, Danville, Chesapeake, Suffolk, Martinsville, Charlottesville, Front Royal, Lynchburg, Hopewell, Falls Church, Coeburn, Haysi, Fairfax, Arlington, Vansant, Honaker, Wise, Harrisonburg, Spotsylvania, Grundy, Annandale, Halifax, Cedar Bluff, Bassett, Emporia, Marion, Clintwood, South Boston, Bee, Keysville, Cleveland, Prince George, Bristol, Fieldale, Galax, Saint Paul, Culpeper, Clinchco, Drakes Branch, Quantico, Dhs, Raven, Rowe, Dumfries, Rocky Mount, Pound, Pennington Gap, Pulaski, Dante, Flint Hill, Fort Belvoir, Pilgrims Knob, Mc Clure, Brodnax, Castlewood, Appalachia, Washington, Leesburg, Birchleaf, Lebanon, Lawrenceville, Triangle, Sugar Grove, Buena Vista, Norton, Staunton, Jonesville, Chesterfield, Sperryville, Oakwood, Ivanhoe, Charlotte Court House, Colonial Heights, Columbia, Oak Hall, New Church, Meherrin, Mineral, Phenix, Mitchells, Norwood, Nathalie, New Canton, Palmyra, North Tazewell, Nickelsville, Pamplin, Patrick Springs, Parksley, Onley, Pittsville, Nora, Orange, Accomac, Pounding Mill, Powhatan, Strasburg, Swords Creek, Tazewell, Temperanceville, Troy, Unionville, Vernon Hill, Wallops Island, Waverly, Waynesboro, White Plains, Whitewood, Williamsburg, Willis, Winchester, Wingina, Withams, Woodlawn, Woodville, Stevensburg, Sterling, Stanardsville, Rose Hill, Rapidan, Red House, Remington, Reston, Rice, Richlands, Ridgeway, Ringgold, Meadows Of Dan, Speedwell, Ruckersville, Rural Retreat, Rustburg, Saint Charles, Saltville, Sandston, Schuyler, Shipman, Rosedale, Hurley, Maxie, Chantilly, Breaks, Bremo Bluff, Broadford, Burgess, Burkeville, Callaway, Cartersville, Castleton, Centreville, Chester, Duffield, Chester Gap, Collinsville, Cripple Creek, Cullen, Cumberland, Davenport, Dillwyn, Disputanta, Doran, Bracey, Boston, Boissevain, Bluefield, Altavista, Amherst, Amissville, Andover, Appomattox, Arrington, Assawoman, Atkins, Atlantic, Austinville, Axton, Bandy, Bealeton, Bedford, Ben Hur, Bentonville, Big Rock, Blacksburg, Bloxom, Draper, Dungannon, Max Meadows, Keezletown, Henry, Herndon, Hillsville, Howardsville, Huntly, Alberta, Hurt, Java, Jewell Ridge, Kents Store, Ebony, La Crosse, Lancaster, Laurel Fork, Linden, Long Island, Louisa, Lyndhurst, Madison Heights, Mavisdale, Heathsville, Gretna, Greenbush, Green Bay, Esmont, Faber, Falls Mills, Farmville, Farnham, Ferrum, Fishersville, Floyd, Fork Union, Fort Blackmore, Fort Eustis, Franklin, Freeman, Fries, Gasburg, Gate City, Gladstone, Gladys, Glen Allen, Wytheville

All ZIP codes:

23223, 23224, 23234, 23803, 23222, 23504, 23607, 23666, 22191, 23434, 24112, 23225, 22903, 23505, 20109, 23608, 22311, 23704, 23707, 23231, 22630, 24016, 24012, 23860, 23669, 24256, 22407, 23602, 24540, 24501, 24230, 23605, 22408, 23237, 23220, 20110, 23805, 24260, 23324, 23294, 23219, 24656, 23462, 24541, 24017, 23508, 23510, 23228, 22041, 24293, 23701, 24614, 22304, 22309, 23702, 22003, 23606, 22802, 24609, 24225, 22312, 22904, 24504, 23452, 24283, 24333, 22204, 24226, 23075, 24228, 24354, 22401, 24055, 23502, 23847, 23875, 24201, 24019, 24592, 23227, 23518, 23517, 24089, 23947, 22193, 23513, 22701, 24217, 23661, 24558, 23663, 22801, 24273, 24277, 24279, 23834, 24269, 24266, 23703, 24263, 23453, 23320, 23325, 23551, 23523, 23920, 24216, 23511, 24151, 23923, 23832, 24220, 24224, 23664, 23455, 23454, 23451, 23868, 23937, 24237, 23503, 23601, 24301, 22807, 22030, 22031, 24416, 22044, 22908, 22902, 22060, 22134, 22747, 24375, 22172, 22192, 22740, 22306, 22627, 22405, 22553, 22551, 22026, 24401, 24639, 24631, 24646, 20175, 24634, 24350, 23038, 20111, 20598, 24651, 24148, 24605, 24606, 24620, 24649, 24607, 23966, 24612, 24139, 24013, 24613, 24603, 24133, 24088, 24622, 24641, 24078, 24637, 24054, 24060, 24120, 24627, 24599, 24102, 24628, 24630, 24091, 24067, 24602, 24586, 24597, 24343, 24245, 24374, 24250, 24251, 24370, 24368, 24360, 24352, 24271, 24272, 24239, 24330, 24324, 24322, 24280, 24281, 24282, 24316, 24312, 23959, 24244, 24380, 24202, 24562, 24588, 24215, 24311, 24581, 24577, 24572, 24569, 24565, 24563, 24557, 24381, 24554, 24553, 24218, 24523, 24522, 24521, 24517, 24502, 24382, 23963, 20106, 23958, 22938, 22712, 22713, 22716, 22729, 22733, 22734, 22741, 22749, 22803, 22832, 22901, 22922, 22937, 22939, 22642, 22952, 22960, 22963, 22968, 22969, 22971, 22973, 22974, 22980, 23022, 23027, 23040, 23055, 22657, 22640, 23084, 22209, 20113, 20120, 20122, 20151, 20164, 20170, 20176, 20177, 20178, 20191, 22035, 22042, 22194, 22302, 22623, 22305, 22315, 22350, 22402, 22403, 22406, 22432, 22460, 22473, 22503, 22567, 22601, 22610, 23060, 23093, 23954, 23831, 23488, 23501, 23509, 23515, 23529, 23604, 23609, 23612, 23630, 23665, 23670, 23804, 23821, 23842, 23459, 23845, 23851, 23856, 23857, 23890, 23893, 23901, 23919, 23922, 23934, 23936, 23942, 23950, 23466, 23442, 23117, 23273, 23123, 23139, 23150, 23185, 23229, 23230, 23232, 23235, 23238, 23249, 23255, 23260, 23261, 23284, 23421, 23297, 23298, 23301, 23302, 23303, 23308, 23321, 23323, 23337, 23357, 23415, 23416, 23418, 24657

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

102

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

Virginia Economic Development Partnership (VEDP) / DHCD

https://www.dhcd.virginia.gov/opportunity-zones-oz

oz2026@vedp.org

Certified CDFIs

23 certified CDFIs headquartered in Virginia. CDFI Fund certified list →

USDA Rural Development

USDA RD Virginia State Office →

Rural LISC

Rural LISC →

Native / tribal

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