FAQ Question
63. How can an individual board member demonstrate accountability to the Applicant’s
proposed Target Market(s)?
proposed Target Market(s)?
FAQ Answer
Individual accountability to a Target Market may be demonstrated through any of the following means:
| Investment Area (IA) | Low-Income Targeted Populations (LITP) | Other Targeted Population (OTP) |
| Primary residence in a qualified census tract | Status as a Low-Income individual | Status as a member of the Targeted Population |
| Status as an owner of a small business primarily located in a qualified census tract(s) or owner of a small business that principally employs and/or principally provides goods or services to residents of the qualified census tracts of an IA | Status as a staff member of a non-Affiliated third party, community development mission-driven organization that primarily provides services to Low-Income people | Status as a staff member of a Certified CDFI (OTP-CDFI only) |
| Status as an elected official primarily representing residents of qualified census tracts | Status as a staff member of a non-Affiliated third party, community development mission-driven organization that primarily provides services to people with disabilities (OTP - Persons with Disabilities only) | |
| Status as a staff member of a non-Affiliated third party, community development mission-driven organization that primarily provides services to residents of a qualified census tract(s) | Status as a family member11 of a person with disability (OTP - Persons with Disabilities only) | |
| Enrollment in a federally recognized tribe (Applicants serving IAs located in Native geographies only) |
11Family members include those related by blood (including half-siblings), adoption, or marriage.