CDF-Qualified Census Tracts
CDF considers potential NMTC investments that are located within the City of Chicago, meet NMTC program eligibility, and meet federal criteria for Economic Distress. NMTC program eligibility requires a Census Tract poverty rate greater than 20% or Median Income less than 80% Area Median Income. Economic Distress is based on either Census Tract demographics and/or site-specific criteria.
Please feel free to contact Chicago Development Fund with questions about a project’s eligibility for NMTC.
Source: 2011-2015 ACS