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OZ 2.0 | State Resource

Wyoming

Designated · 20 tracts

Last checked 2026-06-16

20

Designated tracts (of 20 eligible)

16

Rural designated — QROF treatment

8

Former OZ 1.0 tracts redesignated

57

Days until designations take effect

How Wyoming chose

Treasury published the final list on October 30, 2026. Wyoming designated 20 of 20 eligible tracts — every eligible tract, because the 25-tract minimum exceeded its eligible count. No selection took place. Designations take effect January 1, 2027 and run through December 31, 2036.

23 OZ 1.0 tracts in Wyoming 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 Wyoming 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.

The Wyoming Business Council has not published a formal OZ 2.0 nomination process as of May 7, 2026; the agency's OZ page reflects prior-round content and no application portal or state deadline has been announced. Call Connor Christensen, Economic Policy & Research Advisor, at (307) 287-4709 — or reach the Business Council through wyomingbusiness.org/contact — to ask whether WBC will run a community input process before the July 1, 2026 federal nomination window, and register your tract for consideration; offer tract-level eligibility data and a brief development narrative. Wyoming will nominate 5 of 20 eligible tracts (25% statutory cap), 16 of which carry a rural designation, making the competition for limited slots especially acute — do not wait for a formal portal announcement before making contact.

Map: designated and eligible tracts

Loading 20 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
Albany County 6 / 6 6 4 / 2 24,188 HEDC New Markets, Inc; Montana Community Development Corporation
Fremont County 3 / 3 3 2 / 2 9,795 Midwest Minnesota Community Development Corporation
Sweetwater County 3 / 3 3 0 / 1 8,997 —
Laramie County 2 / 2 — 0 / 3 7,794 —
Natrona County 2 / 2 — 2 / 2 5,344 HEDC New Markets, Inc
Campbell County 1 / 1 1 0 / 0 1,793 —
Converse County 1 / 1 1 0 / 1 3,105 —
Johnson County 1 / 1 1 0 / 0 2,421 —
Uinta County 1 / 1 1 0 / 2 2,653 —

Counties with no designated tracts are listed only if they lost OZ 1.0 tracts. NMTC: CDFI Fund NMTC public data release. 3 distinct CDEs across Wyoming's designated tracts.

Find projects and partners in the designated tracts

Every designated tract in Wyoming, 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.

20 of 20 tracts shown

Download all eligible tracts, national (CSV) →
Tract County Pov. MFI Pop. Rent. Vac. Signals Prior NMTC CDEs
56001963000 Albany County 26% 69.7% 2,046 77.6% 11.3%
Rural / QROF
—
56001963102 Albany County 33.2% 71.5% 4,175 72.3% 5.8%
Rural / QROFFormer OZ 1.0Housing pressure
—
56001963400 Albany County 29.3% 82.2% 3,503 74.2% 8%
Rural / QROFFormer OZ 1.0Housing pressure
—
56001963500 Laramie Albany County 68.3% 37.9% 2,657 100% 11.9%
Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligibleHousing pressure
HEDC New Markets, Inc
56001963600 Albany County 27.7% 102.3% 4,623 54.5% 3.3%
Rural / QROF
—
56001963700 Albany County 25.7% 100.2% 7,184 59.1% 6.4%
Rural / QROFFormer OZ 1.0NMTC track record
Montana Community Development Corporation
56005000103 Campbell County 22% 106.9% 1,793 13.6% 23.1%
Rural / QROFCRA-eligibleHigh vacancy
—
56009956500 Converse County 23.1% 94.4% 3,105 35.3% 4%
Rural / QROFCRA-eligible
—
56013940100 Wind River Reservation Fremont County 24% 85.9% 3,221 26.5% 22.1%
Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligibleTribalHigh vacancy
Midwest Minnesota Community Development Corporation $9.0M · 1 deal
56013940202 Wind River Reservation Fremont County 20.1% 82.1% 4,898 18.3% 10.7%
Rural / QROFCRA-eligibleTribal
—
56013940301 Wind River Reservation Fremont County 15.4% 57% 1,676 55.5% 11.8%
Rural / QROFFormer OZ 1.0CRA-eligibleTribal
—
56019955201 Johnson County 11.4% 68.5% 2,421 22.4% 10.3%
Rural / QROFCRA-eligible
—
56021000200 Laramie County 14% 54.2% 4,785 48.7% 4.3%
CRA-eligible
—
56021000701 Laramie County 17.5% 63.2% 3,009 64.9% 11.2%
CRA-eligibleUI Tier 1
—
56025000200 Natrona County 26.4% 69.6% 3,356 58.8% 25.4%
Former OZ 1.0NMTC track recordCRA-eligibleHigh vacancy
HEDC New Markets, Inc $0.9M · 1 deal
56025001200 Natrona County 13.6% 62.1% 1,988 31.5% 8.3%
Former OZ 1.0CRA-eligibleUI Tier 1
—
56037970800 Sweetwater County 23% 72.1% 4,311 34.1% 15%
Rural / QROFCRA-eligibleHigh vacancy
—
56037971000 Sweetwater County 21.8% 81.3% 1,564 35.7% 20.1%
Rural / QROFCRA-eligibleHigh vacancy
—
56037971100 Sweetwater County 22.6% 82.6% 3,122 17.3% 13.2%
Rural / QROFCRA-eligible
—
56041975301 Uinta County 23.2% 64% 2,653 33.4% 17.9%
Rural / QROFCRA-eligibleHigh 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

1

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 →

4

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 →

15

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: Kinnear, Cheyenne, Riverton, Casper, Lander and 12 more

ZIP codes: 82516, 82520, 82501, 82604, 82601 and 18 more

See all 17 cities and 23 ZIP codes

All cities:

Kinnear, Cheyenne, Riverton, Casper, Lander, Laramie, Saint Stephens, Robertson, Pavillion, Mills, Arapahoe, Hudson, Fort Washakie, Evanston, Dubois, Crowheart, Shoshoni

All ZIP codes:

82516, 82520, 82501, 82604, 82601, 82930, 82649, 82644, 82609, 82602, 82524, 82523, 82001, 82007, 82515, 82514, 82513, 82512, 82510, 82072, 82071, 82070, 82944

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

2

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

Certified CDFIs

1 certified CDFIs headquartered in Wyoming. CDFI Fund certified list →

USDA Rural Development

USDA RD Wyoming State Office →

Rural LISC

Rural LISC →

Native / tribal

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