50. Can an Applicant’s Target Market include a combination of different Investment Areas, e.g., both a pre-qualified Investment Area and a customized Investment Area?

FAQ Question
50. Can an Applicant’s Target Market include a combination of different Investment Areas, e.g., both a pre-qualified Investment Area and a customized Investment Area?
FAQ Answer

Yes, an Applicant may be certified to serve both a pre-qualified Investment Area and a customized Investment Area and/or a non-Metro county-wide or parish-wide Investment Area. In such cases an Applicant must submit a map of any Customized Investment Areas and/or non-Metro county-wide or parish-wide Investment Areas in CIMS and meet the accountability requirements for each Investment Area type. For the purposes of measuring Target Market activity, the Applicant may count all eligible activity within the Customized Investment Area and/or non-Metro county-wide or parish-wide Investment Area, as well as all financing activity that falls within qualified census tracts anywhere within the United States.