EB-5 Policy Mapping Tool for Contiguous & Adjacent TEA (NPRM Proposal)Lee Li
IIUSA is pleased to present this interactive mapping tool to visualize the unemployment rate of each census tract across the country to help analyze the policy impacts of the new regulatory proposal by Department of Homeland Security (DHS) to reform targeted employment areas (TEAs).
In particular, as a new rule for TEA designation, DHS proposes:
“a TEA may consist of a census tract or contiguous census tracts in which the new commercial enterprise is principally doing business (the ‘project tract(s)’) if the weighted average of the unemployment rate for the tract or tracts is at least 150 percent above the national average.
Moreover, if the project tract(s) do not independently qualify under this analysis, a TEA may also be designated if the project tract(s) and any or all additional tracts that are directly adjacent to the project tract(s) comprise an area in which the weighted average of the unemployment rate for all of the included tracts is at least 150 percent of the national average.”
Note: The interactive map on this webpage presents the hypothetical TEA qualifications for geographic areas and EB-5 project samples for policy discussion on potential reforms for TEA. Nothing on the map should be considered as the official TEA designation of any geographic areas nor EB-5 projects under the current law.
Single Census Tract TEA & EB-5 Project Samples Map
The interactive map below visualizes the TEA qualification with single census tract based on unemployment rate. The map also allows you to enter a location of your interest (at the lower left corner of the map) and then shows you the census tract in which your address is located.
With this interactive tool, not only can you view all the census tracts that are directly adjacent to your project tract, but also retrieve the data of labor force participation and the unemployment rate of each census tract at the pop-up window on the map to empower you to calculating the weighted average unemployment rate of the entire area.
Click the census tract and the EB-5 project sample to view additional data!
Note: The census tracts data are considerably massive , it could take a few moments for the map to load. Please do not refresh the webpage.
Hover the census tracts for more details.
Tips: Use the search tool to check whether an address (e.g. "1440 G St. NW, Washington, DC 20005") is located within a single census tract TEA.
Note: National average unemployment rate: 6.6% (ACS 2013-2017 Estimates)
Data Source: American Community Survey (ACS) 5-Year Estimate (2012-2016) from U.S. Census Bureau Fact Finder website (http://factfinder2.census.gov).
TEA Report: Policy Proposals Comparative Analysis by State
How TEA policy proposals will shape the future landscape of the EB‐5 Regional Center Program
The report takes a comprehensive look at how all of the policy proposals to reform TEA (including new market tax credit inspired methodologies and the “contiguous and adjacent” method). The results are compelling and comprehensive, demonstrating how different approaches would affect stakeholders, projects, geographies, and metropolitan areas throughout the U.S.
In addition, the report also included the state‐by‐state analyses, in which you will be able to compare the impact of different policy proposals by:
- TEA qualifications of EB‐5 project samples located in that state;
- TEA qualifications of the census tracts in major cities of that state; and
- Images of the TEA policy maps for the major cities of each state
This is a comprehensive analysis to enable Congressional leaders and industry stakeholders to come to rational, fact-based discussion on reforming TEA.
Questions/Comments on TEA policy? Contact IIUSA at email@example.com.
Issue with a project listing? Contact IIUSA at firstname.lastname@example.org.
Mapping tool & data analysis prepared by: Lee Li, Policy Analyst, IIUSA