Internal Revenue Bulletin 2025-43 (PDF rendition): IRS Notices

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Bulletin No. 2025–43
October 20, 2025
HIGHLIGHTS
OF THIS ISSUE
These synopses are intended only as aids to the reader in
identifying the subject matter covered. They may not be
relied upon as authoritative interpretations.
ADMINISTRATIVE, INCOME TAX
Notice 2025-46, page 533.
This notice provides interim guidance regarding the applica-
tion of the Corporate Alternative Minimum Tax to domestic
corporate transactions, financially troubled companies, and
tax consolidated groups.
EXCISE TAX
Notice 2025-55, page 625.
This notice provides relief for the first three calendar quarters
of 2026 regarding the failure to deposit penalties imposed by
section 6656 of the Internal Revenue Code (Code) as those
penalties relate to the remittance transfer excise tax imposed
by section 4475 of the Code. This notice also provides that
a remittance transfer provider’s ability to use the deposit safe
harbor under § 40.6302(c)-1(b)(2) of the Excise Tax Procedural
Regulations (26 CFR part 40) (part 40) will not be affected
by a failure during the first three calendar quarters of 2026
to make deposits of the remittance transfer tax as required
under part 40, provided the remittance transfer provider satis-
fies the reasonable cause standard for those quarters.
INCOME TAX
Notice 2025-50, page 542.
This notice provides a definition for “rural area” under
§ 1400Z-2(b)(2)(C)(ii) of the Internal Revenue Code (Code),
as amended by Public Law 119-21, 139 Stat. 72 (July 4,
2025), commonly known as the One, Big, Beautiful Bill Act
(OBBBA). This notice is also intended to provide guidance to
taxpayers applying the substantial improvement provisions
of § 1400Z-2(d)(2)(D)(ii), as amended by OBBBA.
T.D. 10034, page 523.
This document contains final regulations that remove the
associated property rule and similar rules from the existing
regulations regarding the interest capitalization requirements
for improvements to designated property. In addition, this
document contains final regulations that modify the definition
of “improvement” for purposes of applying those existing
regulations. Lastly, this document contains final regulations
that modify other rules in those existing regulations in light
of the removal of the associated property rule. The final reg-
ulations affect taxpayers making improvements to real or
tangible personal property that constitute the production of
designated property.
T.D. 10036, page 525.
These final regulations provide recordkeeping and reporting
requirements for the average income test for purposes of
the section 42 low-income housing credit. If a building is
part of a residential rental project that satisfies this test, the
building may be eligible to earn low-income housing credits.
These final regulations affect owners of low-income housing
projects and State or local housing credit agencies that mon-
itor compliance with the requirements for low-income hous-
ing credits.
SPECIAL ANNOUNCEMENT
Notice 2025-53, page 624.
This notice grants relief under section 7508A for per-
sons that the Secretary of the Treasury has determined
to be affected by the 2024-2025 terroristic action in the
State of Israel. The notice postpones deadlines for cer-
tain time-sensitive taxpayer acts, such as filing and pay-
ing taxes, and government acts, such as assessing and
collecting taxes, for affected taxpayers for a full year,
until September 30, 2026. The covered area includes the
State of Israel, the West Bank and Gaza. The separate
determination of terroristic action and grant of relief in this
notice will also postpone the taxpayer acts and govern-
ment acts that were postponed by Notice 2024-72 (or by
both Notice 2024-72 and Notice 2023-71) until Septem-
ber 30, 2026, for taxpayers eligible for relief under both
(or all) notices.
Finding Lists begin on page ii.

The IRS Mission
Provide America’s taxpayers top-quality service by helping
them understand and meet their tax responsibilities and
enforce the law with integrity and fairness to all.
Introduction
The Internal Revenue Bulletin is the authoritative instrument
of the Commissioner of Internal Revenue for announcing offi-
cial rulings and procedures of the Internal Revenue Service
and for publishing Treasury Decisions, Executive Orders, Tax
Conventions, legislation, court decisions, and other items of
general interest. It is published weekly.
It is the policy of the Service to publish in the Bulletin all sub-
stantive rulings necessary to promote a uniform application
of the tax laws, including all rulings that supersede, revoke,
modify, or amend any of those previously published in the
Bulletin. All published rulings apply retroactively unless other-
wise indicated. Procedures relating solely to matters of inter-
nal management are not published; however, statements of
internal practices and procedures that affect the rights and
duties of taxpayers are published.
Revenue rulings represent the conclusions of the Service
on the application of the law to the pivotal facts stated in
the revenue ruling. In those based on positions taken in rul-
ings to taxpayers or technical advice to Service field offices,
identifying details and information of a confidential nature are
deleted to prevent unwarranted invasions of privacy and to
comply with statutory requirements.
Rulings and procedures reported in the Bulletin do not have the
force and effect of Treasury Department Regulations, but they
may be used as precedents. Unpublished rulings will not be
relied on, used, or cited as precedents by Service personnel in
the disposition of other cases. In applying published rulings and
procedures, the effect of subsequent legislation, regulations,
court decisions, rulings, and procedures must be considered,
and Service personnel and others concerned are cautioned
against reaching the same conclusions in other cases unless
the facts and circumstances are substantially the same.
The Bulletin is divided into four parts as follows:
Part I.—1986 Code.
This part includes rulings and decisions based on provisions
of the Internal Revenue Code of 1986.
Part II.—Treaties and Tax Legislation.
This part is divided into two subparts as follows: Subpart A,
Tax Conventions and Other Related Items, and Subpart B,
Legislation and Related Committee Reports.
Part III.—Administrative, Procedural, and Miscellaneous.
To the extent practicable, pertinent cross references to these
subjects are contained in the other Parts and Subparts. Also
included in this part are Bank Secrecy Act Administrative
Rulings. Bank Secrecy Act Administrative Rulings are issued
by the Department of the Treasury’s Office of the Assistant
Secretary (Enforcement).
Part IV.—Items of General Interest.
This part includes notices of proposed rulemakings, disbar-
ment and suspension lists, and announcements.
The last Bulletin for each month includes a cumulative index
for the matters published during the preceding months. These
monthly indexes are cumulated on a semiannual basis, and are
published in the last Bulletin of each semiannual period.
The contents of this publication are not copyrighted and may be reprinted freely. A citation of the Internal Revenue Bulletin as the source would be appropriate.
October 20, 2025 Bulletin No. 2025–43

Part I
26 CFR Part 1
T.D. 10034
DEPARTMENT OF THE
TREASURY
Internal Revenue Service
26 CFR Part 1
Interest Capitalization
Requirements for
Improvements that
constitute Designated
Property
AGENCY: Internal Revenue Service
(IRS), Treasury.
ACTION: Final rule.
SUMMARY: This document contains
final regulations that, with regard to
the interest capitalization requirements
for improvements constituting desig-
nated property, remove the associated
property rule and similar rules from the
existing regulations. In addition, this
document contains final regulations that
modify the definition of “improvement”
for purposes of applying those existing
regulations. Lastly, this document con-
tains final regulations that modify other
rules in those existing regulations in
light of the removal of the associated
property rule. The final regulations
affect taxpayers making improvements
to real or tangible personal property
that constitute the production of desig-
nated property.
DATES: Effective date: These regulations
are effective on October 2, 2025.
Applicability date: For the applicabil-
ity date, see § 1.263A-15(a)(6).
FOR FURTHER INFORMATION
CONTACT: Elizabeth Boone or Max
Fishman of the Office of the Associate
Chief Counsel (Income Tax and Account-
ing) at (202) 317-7007 (not a toll-free
number).
SUPPLEMENTARY INFORMATION:
Authority
This document amends the regula-
tions under section 263A(f) of the Inter-
nal Revenue Code (Code) regarding the
interest capitalization requirements for
improvements that constitute the pro-
duction of designated property under
§ 1.263A-8 (final regulations). The final
regulations are issued under the express
delegation of authority to the Secretary
of the Treasury or the Secretary’s dele-
gate (Secretary) under section 263A(j),
which provides, in part, that “[t]he Sec-
retary shall prescribe such regulations as
may be necessary or appropriate to carry
out the purposes of [section 263A].” The
final regulations are also issued under
the express delegation of authority to the
Secretary under section 7805(a) of the
Code, which provides that “the Secre-
tary shall prescribe all needful rules and
regulations for the enforcement of [the
Code], including all rules and regula-
tions as may be necessary by reason of
any alteration of law in relation to inter-
nal revenue.”
Background and Summary of
Comments
On May 15, 2024, the Department of
the Treasury (Treasury Department) and
the IRS published in the Federal Regis-
ter (89 FR 42404) a notice of proposed
rulemaking (REG-133850-13) propos-
ing amendments to regulations under 26
CFR part 1 (proposed regulations). The
proposed regulations would remove the
“associated property rule” and simi-
lar rules in § 1.263A-11(e) from the
interest capitalization requirements for
improvements that constitute the pro-
duction of designated property under
section 263A(f) and § 1.263A-8(d)(3).
In addition, the proposed regulations
would modify the mid-production pur-
chases rule of § 1.263A-11(f) to clar-
ify that the rule applies only to prop-
erty purchased and further produced
before it is placed in service. Finally,
the proposed regulations would amend
§ 1.263A-8(d)(3) to update the defini-
tion of “improvement” so that it is con-
sistent with the definition of “improve-
ment” in § 1.263(a)-3, including the
exceptions, safe harbors, and elections
provided under § 1.263(a)-3.
On July 24, 2024, the Treasury Depart-
ment and the IRS published a correction
to the proposed regulations in the Federal
Register (89 FR 59864) to amend a cita-
tion error in the preamble of REG-133850-
13. No public hearing was requested or
held on the proposed regulations.
The Treasury Department and the IRS
received two comments in response to
the notice of proposed rulemaking. Both
comments are available at https://www.
regulations.gov or upon request. The
first comment did not address the pro-
posed regulations. The second comment
expressed support for the proposed regu-
lations without suggesting any modifica-
tions to the proposed regulations. Accord-
ingly, this Treasury Decision adopts the
proposed regulations as final regulations
with only minor, clarifying changes. Spe-
cifically, the final regulations make minor
changes to proposed § 1.263A-8(d)(3)(i)
to clarify the scope of improvements that
constitute the “production of property” for
purposes of determining whether any such
improvement is designated property under
§ 1.263A-8.
Special Analyses
I. Regulatory Planning and Review
The Office of Management and Bud-
get’s Office of Information and Regula-
tory Analysis has determined that the final
regulations are not significant and are not
subject to review under section 6(b) of
Executive Order 12866. Therefore, a reg-
ulatory impact assessment is not required.
II. Paperwork Reduction Act
1. Collections of Information
These final regulations do not impose
additional recordkeeping or reporting bur-
den related to section 263A for taxpay-
ers. A change in a taxpayer’s treatment
of interest to a method consistent with
§§ 1.263A-8(d)(3) and 1.263A-11(e) and
Bulletin No. 2025–43 523 October 20, 2025

(f), as applicable, is a change in method
of accounting to which sections 446 and
481 of the Code apply. Taxpayers change
methods of accounting by filing Form
3115, Application for Change in Account-
ing Method (Office of Management and
Budget 1545-2070). For purposes of the
Paperwork Reduction Act of 1995 (44
U.S.C. 3507(d)) (PRA), the reporting bur-
den associated with Form 3115 will be
reflected in the PRA submission for Form
3115 (OMB 1545-2070).
2. Burden Estimates
These final regulations impose 0 hours
and $0 of additional recordkeeping or
reporting burden related to section 263A
for taxpayers. Taxpayers who change their
accounting method based on the revised
requirements do so by filing Form 3115
(OMB 1545-2070). For purposes of the
PRA, the reporting burden associated with
Form 3115 will be reflected in the PRA
submission for Form 3115 (OMB 1545-
2070).
Because businesses with gross receipts
of up to $25 million (as adjusted for infla-
tion pursuant to sections 263A(i) and
446(c)) are exempted from the require-
ment to capitalize costs, including inter-
est, under section 263A, businesses with
gross receipts in excess of $25 million
(as adjusted for inflation) are impacted
by these final regulations. Approximately
30,000 taxpayers with gross receipts in
excess of $25 million (as adjusted for
inflation) reported that they were subject
to section 263A during the past five years.
This number is based upon the number
of taxpayers who reported that they were
subject to section 263A on Form 1120,
U.S. Corporation Income Tax Return,
Form 1125-A, Cost of Goods Sold, and
Form 4562, Depreciation and Amorti-
zation (Including Information on Listed
Property).
It is estimated that no more than 1
percent of these businesses will make
improvements to real or tangible personal
property that constitute the production of
designated property for which a change
in accounting method will be made in
any one year. Therefore, it is estimated
that approximately 300 taxpayers may be
impacted by the changes in these final reg-
ulations.
III. Regulatory Flexibility Act
Taxpayers with gross receipts of up
to $25 million (as adjusted for inflation)
are exempted from the requirement to
capitalize costs, including interest, under
section 263A. Therefore, very few, if any,
small entities will be affected by these
regulations. The Secretary of the Treasury
hereby certifies that these final regula-
tions will not have a significant economic
impact on a substantial number of small
entities within the meaning of section
601(6) of the Regulatory Flexibility Act
(5 U.S.C. chapter 6).
IV. Section 7805(f)
Pursuant to section 7805(f) of the
Code, the notice of proposed rulemak-
ing preceding these final regulations was
submitted to the Chief Counsel of the
Office of Advocacy of the Small Business
Administration for comment on its impact
on small business. No comments on that
notice of proposed rulemaking were
received from the Chief Counsel for the
Office of Advocacy of the Small Business
Administration.
V. Unfunded Mandates Reform Act
Section 202 of the Unfunded Mandates
Reform Act of 1995 (UMRA) requires
that agencies assess anticipated costs and
benefits and take certain other actions
before issuing a final rule that includes
any Federal mandate that may result in
expenditures in any one year by a State,
local, or Tribal government, in the aggre-
gate, or by the private sector, of $100
million (updated annually for inflation).
These final regulations do not include any
Federal mandate that may result in expen-
ditures by State, local, or Tribal govern-
ments, or by the private sector in excess of
that threshold.
VI. Executive Order 13132: Federalism
Executive Order 13132 (Federalism)
prohibits an agency from publishing any
rule that has federalism implications if
the rule either imposes substantial, direct
compliance costs on State and local gov-
ernments, and is not required by statute,
or preempts State law, unless the agency
meets the consultation and funding
requirements of section 6 of the Executive
order. These final regulations do not have
federalism implications and do not impose
substantial direct compliance costs on
State and local governments or preempt
State law within the meaning of the Exec-
utive order.
VII. Congressional Review Act
Pursuant to the Congressional Review
Act (5 U.S.C. 801 et seq.), the Office of
Information and Regulatory Affairs des-
ignated this rule as not a major rule, as
defined by 5 U.S.C. 804(2).
Drafting Information
The principal authors of these regula-
tions are Elizabeth Boone and Max Fish-
man of the Office of the Associate Chief
Counsel (Income Tax and Accounting).
However, other personnel from the Trea-
sury Department and IRS participated in
their development.
List of Subjects in 26 CFR Part 1
Income taxes, Reporting and record-
keeping requirements.
Adoption of Amendments to the
Regulations
Accordingly, the Treasury Department
and the IRS amend 26 CFR part 1 as fol-
lows:
PART 1--INCOME TAXES
Paragraph 1. The authority citation
for part 1 continues to read, in part, as fol-
lows:
Authority: 26 U.S.C. 7805 * * *
* * * * *
Section 1.263A-8 also issued under 26
U.S.C. 263A(j).
Section 1.236A-11 also issued under
26 U.S.C. 263A(j).
* * * * *
§ 1.263A-0 [Amended]
Par. 2. Section 1.263A-0 is amended by
removing the entries for § 1.263A-11(e)
(1) and (2).
October 20, 2025 524 Bulletin No. 2025–43

Bulletin No. 2025–43 525 October 20, 2025
Par. 3. Section 1.263A-8 is amended
by revising paragraph (d)(3)(i) to read as
follows:
§ 1.263A-8 Requirement to capitalize
interest.
* * * * *
(d) * * *
(3) Improvements to existing prop-
erty—(i) In general. Any improvement
to real or tangible personal property
under § 1.263(a)-3, or any improvement
to tangible personal property as defined
in § 1.263A-2(a)(2)(ii), constitutes the
production of property. Generally, any
improvement to designated property con-
stitutes the production of designated prop-
erty. An improvement is not treated as the
production of designated property, how-
ever, if the de minimis exception described
in paragraph (b)(4) of this section applies
to the improvement. Paragraph (d)(3)(iii)
of this section provides an exception for
certain improvements to tangible personal
property. In addition, improvements to
designated property under this paragraph
(d)(3)(i) do not include repairs and main-
tenance described in § 1.162-4(a).
* * * * *
Par. 4. Section 1.263A-11 is amended
by revising paragraphs (e) and (f) to read
as follows:
§ 1.263A-11 Accumulated production
expenditures.
* * * * *
(e) Improvements. If an improvement
constitutes the production of designated
property under § 1.263A-8(d)(3), accumu-
lated production expenditures with respect
to the improvement consist of all direct
and indirect costs required to be capital-
ized with respect to the improvement. See
§ 1.263A-12(d)(1) to determine when the
production period for a unit of property
has ended.
(f) Mid-production purchases. If a tax-
payer purchases a unit of property for fur-
ther production before the purchased unit
of property is placed in service, the tax-
payer’s accumulated production expen-
ditures include the full purchase price of
the purchased unit of property plus all the
additional direct and indirect production
costs incurred by the taxpayer that are
required to be capitalized with respect to
the purchased unit of property.
* * * * *
Par. 5. Section 1.263A-15 is amended
by adding paragraph (a)(6) to read as fol-
lows:
§ 1.263A-15 Effective dates,
transitional rules, and anti-abuse rule.
(a) * * *
(6) Sections 1.263A-8(d)(3) and
1.263A-11(e) and (f) apply to taxable years
beginning after October 2, 2025. A change
in a taxpayer’s treatment of interest to a
method consistent with §§ 1.263A-8(d)(3)
and 1.263A-11(e) and (f), as applicable,
is a change in method of accounting to
which sections 446 and 481 of the Internal
Revenue Code apply.
* * * * *
Edward T. Killen,
Acting Chief Tax Compliance Officer.
Approved: August 12, 2025
Kenneth J. Kies,
Assistant Secretary of the Treasury (Tax
Policy).
(Filed by the Office of the Federal Register October
1, 2025, 8:45 a.m., and published in the issue of the
Federal Register for October 2, 2025, 90 FR 47581)
26 CFR Part 1
T.D. 10036
DEPARTMENT OF THE
TREASURY
Internal Revenue Service
26 CFR Part 1
Section 42, Low-Income
Housing Credit Average
Income Test Procedures
AGENCY: Internal Revenue Service
(IRS), Treasury.
ACTION: Final regulations and removal
of temporary regulations.
SUMMARY: This document contains
final regulations setting forth recordkeep-
ing and reporting requirements for the
average income test for purposes of the
low-income housing credit. If a building is
part of a residential rental project that sat-
isfies the average income test, the building
may be eligible to earn low-income hous-
ing credits. These final regulations affect
owners of low-income housing projects,
State or local housing credit agencies that
monitor compliance with the requirements
for low-income housing credits, and, indi-
rectly, tenants in low-income housing
projects.
DATES: Effective date: These regulations
are effective on September 30, 2025.
Applicability date: For dates of appli-
cability, see §1.42-19(f).
FOR FURTHER INFORMATION
CONTACT: Waheed Olayan at (202)
317-4137 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
Authority
This document contains amendments
to the Income Tax Regulations (26 CFR
part 1) under section 42 of the Internal
Revenue Code (Code) relating to record-
keeping and reporting requirements for
the average income test for purposes of
the low-income housing credit (final reg-
ulations). The final regulations are issued
under the authority granted to the Sec-
retary of the Treasury or the Secretary’s
delegate (Secretary) in sections 42(n) and
7805(a) of the Code.
Section 42(n) provides, in part, “The
Secretary shall prescribe such regulations
as may be necessary or appropriate to
carry out the purposes of [section 42] ...”
Section 7805(a) provides, “[T]he Sec-
retary shall prescribe all needful rules
and regulations for the enforcement of
[the Code], including all rules and regu-
lations as may be necessary by reason of
any alteration of law in relation to internal
revenue.”
Background
The Tax Reform Act of 1986, Public
Law No. 99-514, 100 Stat. 2085 (1986

October 20, 2025 526 Bulletin No. 2025–43
Act) created the low-income housing
credit under section 42. Section 42(a) pro-
vides that the amount of the low-income
housing credit for any taxable year in the
credit period is an amount equal to the
applicable percentage (effectively, a credit
rate) of the qualified basis of each quali-
fied low-income building.
Section 42(c)(1)(A) provides that the
“qualified basis” of any qualified low-in-
come building for any taxable year is an
amount equal to: (i) the applicable frac-
tion, determined as of the close of the
taxable year, multiplied by (ii) the eligible
basis of the building (determined under
section 42(d)).
Section 42(c)(1)(B) defines the term
“applicable fraction” as the smaller of the
unit fraction or floor space fraction. The
unit fraction is the number of low-income
units in the building divided by the number
of residential rental units (whether or not
occupied) in the building. The floor space
fraction is the total floor space of low-in-
come units in the building divided by the
total floor space of residential rental units
(whether or not occupied) in the building.
Subject to certain exceptions in section
42(i)(3)(B), section 42(i)(3) defines the
term “low-income unit” as any unit in a
building if the unit is rent-restricted and
the individuals occupying the unit meet
the income limitation under section 42(g)
(1) that applies to the project of which the
building is a part.
Section 42(d)(1) and (2) describe how
to calculate the eligible basis of a new
building or an existing building, respec-
tively.
Section 42(c)(2) defines the term
“qualified low-income building” as any
building which is part of a qualified
low-income housing project at all times
during the compliance period (as defined
in section 42(i)(1), the period of 15 tax-
able years beginning with the first taxable
year of the credit period).
For a project to qualify as a low-in-
come housing project, it must satisfy one
of the section 42(g) minimum set-aside
tests, as elected by the taxpayer. Prior to
the enactment of the Consolidated Appro-
priations Act of 2018, Public Law No.
115-141, 132 Stat. 348 (2018 Act), section
42(g) contained two minimum set-aside
tests, known as the 20-50 test and the
40-60 test. Under the 20-50 test, an elect-
ing taxpayer cannot earn any low-income
housing credits unless at least 20 percent
of the residential units in the project both
are rent-restricted and are occupied by
tenants whose gross income is 50 percent
or less of the area median gross income
(AMGI). Under the 40-60 test, an elect-
ing taxpayer cannot earn any low-income
housing credits unless at least 40 percent
of the residential units in the project both
are rent-restricted and are occupied by
tenants whose gross income is 60 percent
or less of AMGI.
The 2018 Act added section 42(g)(1)
(C), which gives taxpayers a third option
for their election of a minimum set-aside
test—the average income test. Under the
average income test, an electing taxpayer
cannot earn any low-income housing
credits unless—(i) 40 percent
1
or more
of the residential units in the project both
are rent-restricted and are occupied by
tenants whose income does not exceed
the imputed income limitation that the
taxpayer designated with respect to the
specific unit; and (ii) the average of the
imputed income designations of these
units does not exceed 60 percent of AMGI.
Special rules in section 42(g)(1)(C)(ii)
(I) through (III) govern the income limita-
tions of low-income units as well as the
role of those limitations in the average
income test. Under the 20-50 and 40-60
tests, the income limitations for all low-in-
come units flow automatically from the
taxpayer’s election of one of those two set-
side tests. In contrast, under the average
income test, the electing taxpayer must
designate each unit’s imputed income
limitation, which will then be taken into
account in applying the test. In addition,
section 42(g)(1)(C)(ii)(III) requires the
imputed income limitation designated for
any unit to be 20, 30, 40, 50, 60, 70, or 80
percent of AMGI.
Under section 42(g), once a taxpayer
elects to use a particular set-aside test for a
project, that election is irrevocable. Thus,
once a taxpayer has elected to use any of
the three tests, the taxpayer may not sub-
sequently elect to use one of the others.
Although a taxpayer may have elected
the 20-40 or 40-60 test before the average
income test became available, the later
availability of the average income test
does not affect the irrevocability of the
earlier election.
Under section 42(m)(1), every State
or local housing credit agency (Agency)
making allocations of the ability to earn
low-income housing credits must have a
qualified allocation plan (QAP) to guide it
in making those allocations.
Under section 42(m)(1)(B)(iii), a QAP
must also contain a procedure that the
Agency (or its agent) will follow in mon-
itoring noncompliance with low-income
housing credit requirements and in notify-
ing the IRS of any such noncompliance.
See §1.42-5 of the Income Tax Regula-
tions for rules implementing this require-
ment.
Section 1.42-5(e)(2) provides that a
QAP must require an Agency to provide
prompt written notice to the owner of a
low-income housing project if the Agency
does not receive the certification described
in §1.42-5(c)(1), or does not receive, or is
not permitted to inspect, the tenant income
certifications, supporting documentation,
and rent records described in §1.42-5(c)
(2)(ii), or discovers by inspection, review,
or in some other manner, that the project
is not in compliance with the provisions
of section 42.
Section 1.42-5(e)(4) both sets the cor-
rection period after an Agency has noti-
fied an owner under §1.42-5(e)(2) and
provides that the correction period shall
be that period specified in the monitoring
procedure during which an owner must
supply any missing certifications and
bring the project into compliance with the
provisions of section 42. The correction
period is not to exceed 90 days from the
date of the notice to the owner described
in §1.42-5(e)(2). An Agency may extend
the correction period for up to 6 months,
but only if the Agency determines there is
good cause for granting the extension.
On October 30, 2020, the Department
of Treasury (Treasury Department) and
the IRS published a notice of proposed
rulemaking (REG-119890-18) in the Fed-
eral Register (85 FR 68816) proposing
1
In the case of a project described in section 142(d)(6), this “40 percent” is replaced with “25 percent.”

Bulletin No. 2025–43 527 October 20, 2025
regulations setting forth guidance on the
average income test under section 42(g)
(1)(C) (2020 proposed regulations). On
March 24, 2021, the Treasury Department
and the IRS held a public hearing on the
2020 proposed regulations.
The possibility of a “cliff” (as described
in following two paragraphs) was one
of the main concerns that commenters
expressed regarding the 2020 proposed
regulations. Almost all projects earning
low-income housing credits have more
than the minimum number of low-income
units needed for the project to qualify for
the credits. Thus, with the 20-50 or 40-60
tests, a later discovery that some unit
failed to be a low-income unit generally
would reduce the amount of credit earned
but would not totally preclude a project’s
eligibility.
By contrast, in response to the 2020
proposed regulations, commenters were
concerned about the following possibility
with respect to the average income test:
Suppose that a taxpayer identified well
over 40 percent of units whose income
limits averaged exactly 60 percent of
AMGI, and further suppose that one of
the units with the lowest income limit
turned out to fail the criteria for being a
low-income unit. In that case, the remain-
ing units identified by the taxpayer would
have an average income above 60 percent.
The commenters were concerned that, in
this situation and except for time-lim-
ited mitigation measures described in the
2020 proposed regulations, the 2020 pro-
posed regulations would apply the aver-
age income test to all remaining units.
Discovery of a single unit’s failure might
occur only after the proposed mitigation
measures were no longer available. Thus,
because no mitigation would be possible,
the entire project would fail the average
income set-aside test and would be denied
any low-income housing credits. Some
commenters called this total disqualifica-
tion a “cliff,” and many believed that this
result was inappropriate since, despite
the loss of that unit, at least 40 percent of
the units in the project were units whose
income limits averaged to 60 percent or
less of AMGI.
On October 12, 2022, the Treasury
Department and the IRS published aver-
age-income-test final regulations (TD
9967) in the Federal Register (87 FR
61489) (2022 final regulations). In the
same Treasury decision, the Treasury
Department and the IRS published tem-
porary regulations providing recordkeep-
ing and reporting requirements needed to
facilitate administrability of, and compli-
ance with, the 2022 final regulations (tem-
porary regulations).
Under the 2022 final regulations, a
project for residential rental property
meets the requirements of the average
income test if the taxpayer’s project
contains a qualified group of units that
constitutes 40 percent
2
or more of the
residential units in the project. Section
1.42-19(b)(2)(i) requires the units in
a qualified group to, first, individually
satisfy the criteria that would qualify
each unit as a low-income unit under
section 42(i)(3) (the same criteria that
apply to the 20-50 or 40-60 set-asides).
Specifically, the rules in §1.42-19(b)(1)
(i) through (iii) require that each unit
be rent-restricted, occupants of the unit
meet the income limitation for the unit,
and no other provision in section 42
(including section 42(i)(3)(B) through
(E)) or the regulations thereunder denies
low-income status to the unit. In addition,
§1.42-19(b)(2)(ii) requires that the aver-
age of the designated imputed income
limitations of the units in the group not
exceed 60 percent of AMGI. The quali-
fied group of units must be identified as
required in §1.42-19(b)(3)(i).
The Treasury Department and the
IRS expected that commenters’ concerns
would be fully assuaged by the qualified
group approach in the 2022 final regula-
tions, as implemented with the flexibility
in the temporary regulations.
In the same issue of the Federal Reg-
ister in which the 2022 final and tempo-
rary regulations were published, the Trea-
sury Department and the IRS published
a notice of proposed rulemaking (REG–
113068-22, 87 FR 61543) regarding the
administration of the average income test
(2022 proposed regulations). The text of
the temporary regulations served as the
text of the 2022 proposed regulations.
Four public comments were submitted
in response to the 2022 proposed regu-
lations. The comments are available for
public inspection at www.regulations.gov
or upon request.
The Treasury Department and the IRS
considered all comments in the develop-
ment of this Treasury decision, which
follows the basic framework of the 2022
proposed and temporary regulations, with
some revisions. The following Summary
of Comments and Explanation of Revi-
sions discusses the comments received
and the revisions adopted.
In addition, the final regulations include
some minor, non-substantive revisions to
the 2022 proposed regulations that are not
discussed in the Summary of Comments
and Explanation of Revisions.
Summary of Comments and
Explanation of Revisions
These final regulations provide record-
keeping and reporting requirements for the
average income test under section 42(g)
(1)(C).
I. Impact of Noncompliant Unit Included
in Identified Qualified Group of Units
As with the 2020 proposed regulations,
commenters expressed concern that the
temporary regulations (and thus the 2022
proposed regulations) might be inter-
preted as again creating such a cliff effect
in circumstances where a taxpayer identi-
fied well over 40 percent of units whose
income limits averaged exactly 60 percent
of AMGI. The commenters stated that the
temporary regulations could be interpre-
tated as meaning that a post-year-end dis-
covery that one of the units with the lowest
income limit failed the criteria for being
a low-income unit could cause an entire
project to lose eligibility to earn low-in-
come housing credits. Specifically, if the
later-discovered noncompliant unit was in
the qualified group of units reported to the
Agency to demonstrate compliance with
the average income test, then excluding
2
In the case of a project described in section 142(d)(6), this “40 percent” is replaced with “25 percent.”

October 20, 2025 528 Bulletin No. 2025–43
that unit’s (below-60 percent of AMGI)
income limit would cause the average of
the remaining units in the identified group
to exceed 60 percent of AMGI. Com-
menters also raised the possibility that the
reported qualified group might contain
exactly 40 percent of the units in the proj-
ect, even though other units were avail-
able to include in the reported qualified
group. In that case, removing the now-dis-
qualified unit would reduce the qualified
group of units to less than 40 percent of
the project’s total units.
In such cases, commenters suggested
that the taxpayer could have taken steps
to preserve the qualification of the project
if the regulations allowed other units to
be substituted in the qualified group that
is used to satisfy the requirements of the
average income test. Some of the comment
letters proposed revising §1.42-19T(c)(4),
regarding an Agency’s waiver authority,
to expressly allow a taxpayer to submit a
corrected group of qualified units.
The 2022 final regulations were
intended to eliminate the risk of a cliff.
Consistent with that intention, the tem-
porary regulations were not intended to
cause disqualification because of a post-
year-end discovery that one of the iden-
tified units failed the criteria for being a
low-income unit in circumstances where
the taxpayer could have identified a differ-
ent group of qualified units. The purpose
of the recordkeeping and reporting rules
for the average income test is similar to
the rules for the other set-aside tests. Thus,
the rules in the temporary regulations are
intended to create a contemporaneous
record of the qualified groups of units.
This record helps document and later ver-
ify that the taxpayer met the requirements
of the average income test and correctly
calculated the applicable fraction of the
building.
The Treasury Department and the IRS
agree with commenters that the final reg-
ulations should more clearly allow the
submission of a corrected qualified group
when the taxpayer or Agency realizes that
a previously submitted group fails to be a
qualified group. For example, suppose that
a unit with a 40 percent imputed income
designation is included in a reported qual-
ified group but is later determined to have
been noncompliant during the relevant
time period. In such a case, submitting a
revised qualified group can document both
the removal of that noncompliant unit and
any removal of other units. For example,
simultaneously removing the noncompli-
ant unit and one or more higher-limitation
units may be needed to reduce the average
imputed income designations of units in
the identified group down to 60 percent
or less of AMGI. This updated reporting
requirement will be helpful for demon-
strating that the average income test was
met as of the prior year end. It will also
be useful for identifying more clearly the
qualified group of units to be used for cal-
culating the applicable fraction.
Accordingly, these final regulations
adopt the commenters’ suggestion to per-
mit the submission of a corrected qualified
group of units. The Treasury Department
and the IRS note that allowing submission
of a revised qualified group does not allow
a taxpayer retroactively to change income
designations for any unit in a building after
a taxable year has closed. A change in an
income designation is not allowed even if
a tenant’s income would have supported a
lower designation prior to year end.
II. Reporting of Two Groups of
Qualified Units
Proposed § 1.42-19(c)(1)(ii) would
require taxpayers to report two separate
groups of qualified units: (i) one for the
minimum set-aside test; and (ii) one for
computing the applicable fractions of
buildings in the project. Some comment-
ers suggested that reporting two separate
groups of qualified units is unnecessary
because a single list of all units submit-
ted for determining the applicable fraction
would include the information needed to
determine whether the minimum set-aside
is met. Under the definition of qualified
group, the designations of the low-income
units in the applicable-fraction qualified
group must average 60 percent or less
of AMGI. Thus, if that group includes at
least 40 percent of the units in the project,
that group of units is a qualified group that
satisfies the average-income set-aside.
The commenters recommended that
the final regulations streamline the report-
ing process to allow a taxpayer to report
to the Agency a single qualified group
of low-income units that is large enough
to include at least 40 percent of the resi-
dential units in the project. This qualified
group of units demonstrates compliance
with the set aside, and data on the units in
each building represented in the group is
available to compute the applicable frac-
tion(s) for each such building.
Section 1.42-19(c) of the 2022 pro-
posed regulations would give Agencies
flexibility to determine the best time and
manner for taxpayers to communicate the
required information so that each Agency
can adopt a system that best serves that
particular Agency. This flexibility is
intended to enable the Agency to mini-
mize burden on the Agency and taxpayers.
The Treasury Department and the IRS
agree with commenters that one list can
be sufficient. However, it is important to
maintain flexibility for any Agency that
finds two separate lists helpful. Thus, the
final regulations revise the language in the
2022 proposed regulations to provide that
Agencies have discretion to permit tax-
payers to report either one or two qualified
groups of low-income units. The final reg-
ulations also include examples illustrating
the application of this rule.
III. Timing of Agency Waiver
Proposed § 1.42-19(c)(4) would pro-
vide Agencies with the discretion, on a
case-by-case basis, to waive in writing
any failure to comply with the proposed
regulations’ recordkeeping and reporting
requirements. The waiver may be granted
up to 180 days after discovery of the fail-
ure, whether by the taxpayer or Agency.
One commenter was concerned that
180 days may be insufficient to address
a failure, especially if the waiver discre-
tion is being used to remedy the “cliff
test” reporting issue described earlier.
This commenter recommended revising
the final regulations so that the 180-day
period starts with the determination of a
designation or identification failure, rather
than a discovery of a failure. The com-
menter suggested that this determination
be defined as the Agency’s issuance to the
IRS of Form 8823 (Low-Income Housing
Credit Agencies Report of Noncompliance
or Building Disposition). Other comment-
ers recommended that the 180-day period
start after the end of the correction period
in §1.42-5(e)(4) (90 days after notice from
Agency under §1.42-5(e)(2), plus up to an

Bulletin No. 2025–43 529 October 20, 2025
additional six months at Agency’s discre-
tion).
The Treasury Department and the IRS
considered these recommendations, and
the final regulations adopt a revised ver-
sion of the 2022 proposed regulations.
These revisions align the §1.42-19 report-
ing requirements with the rules in §1.42-5.
The modification in §1.42-19(c)(4) is also
necessary because the final regulations
now allow owners of low-income housing
projects to submit a corrected list upon
discovery of a problem with a previously
submitted list, whether the discovery is by
the taxpayer or Agency.
The final regulations in §1.42-19(c)(4)
provide that a failure to comply with the
procedural requirements of §1.42-19(c)
(1), (c)(2), or (c)(3)(iv) is treated as cor-
rected in three situations: (i) if a taxpayer
discovers the failure to comply, the tax-
payer has up to 180 days after discovery
of the failure to give the Agency a revised
submission, such as a revised qualified
group of units; (ii) if an Agency discov-
ers a failure to comply, the Agency should
provide prompt notification in a manner
similar to §1.42-5(e)(2), and then the tax-
payer must satisfactorily address the fail-
ure within the correction period of §1.42-
5(e)(4); or (iii) in all cases, an Agency has
discretion to waive in writing any failure to
comply with the procedural requirements
of §1.42-19(c)(1), (c)(2), or (c)(3)(iv).
This waiver must occur within the appli-
cable time period (dependent on whether
a taxpayer or Agency discovered failure).
As indicated in the preceding paragraph,
the final regulations distinguish noncom-
pliance discovered by an Agency and non-
compliance discovered by a taxpayer. In
the case of a taxpayer discovery, providing
the taxpayer with 180 days after discovery
to give the Agency a revised submission
should provide sufficient time for taxpay-
ers to comply, because the period does not
begin before taxpayers have knowledge,
or an appreciation, that there is, indeed, a
failure.
In contrast, when an Agency discovers
the failure, the final regulations align with
the rules that apply to an Agency discov-
ery under §1.42-5. The Agency must pro-
vide prompt notice under §1.42-5(e)(2) to
start the correction period in §1.42-5(e)
(4). Aligning the §1.42-19 rules with the
notice provision in §1.42-5(e)(2) and the
correction period provided by §1.42-5(e)
(4) places taxpayers and Agencies in the
same position with an Agency-discovered
average income issue as the taxpayer is
in when the Agency discovered that oth-
erwise failed to certify under §1.42-5, or
when the Agency discovered any other
noncompliance. The final regulations do
not adopt commenters’ suggestion to start
the correction period after a “determina-
tion” by the Agency. Under that sugges-
tion, determination means the issuance of
a Form 8823 as detailed in §1.42-5(e)(3).
Adopting such a late deadline would mis-
align these rules with the rules in §1.42-5.
For example, when an Agency “discovers”
that a project is not in compliance with
the provisions of section 42, §1.42-5(e)
(2) requires the Agency to provide prompt
written notice to start the correction period
in §1.42-5(e)(4). If, instead, a “determina-
tion” were required for an Agency-dis-
covered error regarding average-income,
then the permitted correction period
would extend past the date of the correc-
tion period for other Agency-discovered
errors or failed certifications under §1.42-
5(e)(4) (such as correcting the physical
noncompliance of a unit). The burden on
the taxpayer in this situation (submitting
a corrected list of units) does not justify
a longer or different period of time than
other Agency-identified issues.
Effect on Other Documents
The temporary regulations are removed
effective September 30, 2025.
Special Analyses
I. Regulatory Planning and Review –
Economic Analysis
These final regulations are not subject
to review under section 6(b) of Executive
Order 12866 pursuant to the Memoran-
dum of Agreement (July 4, 2025) between
the Treasury Department and the Office
of Management and Budget regarding
review of tax regulations.
II. Paperwork Reduction Act
The Paperwork Reduction Act of 1995
(44 U.S.C. 3501-3520) (PRA) requires
that a Federal agency obtain the approval
of OMB before collecting information
from the public, whether such collection
of information is mandatory, voluntary,
or required to obtain or retain a benefit.
The collections of information contained
in these regulations has been approved by
OMB under control number 1545-0988.
Section 1.42-19(c)(1) provides record-
keeping and reporting requirements
related to the identification of a qualified
group of units for each of (i) satisfaction
of the average income set-aside test and
(ii) applicable fraction determinations.
Section 1.42-19(c)(2) provides reporting
requirements to the Agency with jurisdic-
tion over a project. Section 1.42-19(c)(3)
(iv) provides recordkeeping and reporting
requirements related to designations of the
imputed income limitations for residen-
tial units. Section 1.42-19(d)(2) provides
recordkeeping and reporting requirements
related to changing a unit’s designated
imputed income limitation.
This information in the collections of
information will generally be used by the
IRS and Agencies for tax compliance pur-
poses and by taxpayers to facilitate proper
reporting and compliance. Specifically,
the collections of information in §1.42-19
apply to owners of projects that receive the
low-income housing credit and elect the
average income set-aside. With respect to
the recordkeeping requirements in §1.42-
19(c)(3)(iv), and (d)(2), section 42(g)(1)
(C)(ii)(I) requires that the taxpayer desig-
nate the imputed income limitations of the
units taken into account for purposes of
the average income test. Thus, the record-
keeping requirements that are provided
allow for a process of designation that will
result in a reliable record of both the orig-
inal designations of the imputed income
limitations of low-income units and any
redesignations of units’ limitations within
a project.
The recordkeeping rules in §1.42-19(c)
(1) with respect to a qualified group of
units are similarly needed to ensure there
is a reliable record to show that the units
used for purposes of the average income
set-aside test and for determining a build-
ing’s applicable fraction were part of a
group of units within the project whose
average designated imputed income
limitations do not exceed 60 percent of
AMGI. This limitation is consistent with
the requirement in section 42(g)(1)(C)(ii)

October 20, 2025 530 Bulletin No. 2025–43
(II). The annual reporting requirements in
§1.42-19(c)(1), (c)(3), and (d)(2) are also
similar in substance to other annual certi-
fications required of taxpayers. For exam-
ple, minimum certifications by owners
are required in qualified allocation plans
as provided in §1.42-5(c). The reporting
requirements in these final regulations
also provide added flexibility by allowing
the applicable Agency to determine the
time and manner for the reporting under
§1.42-19(c)(2)(i). Also, §1.42-19(c)(4)
gives taxpayers the ability to correct fail-
ures and maintains the Agencies the abil-
ity to waive any failure of reporting on a
case-by-case basis.
A summary of paperwork burden esti-
mates follows:
Estimated number of respondents:
Approximately 200 taxpayers elected the
average income test for just over 2,000
buildings between 2018 and 2022. When
viewed annually, we project that approxi-
mately 100 additional taxpayers will have
eligible buildings and 1,000 additional
buildings will be eligible under the aver-
age income test.
Estimated burden per response: We
estimate that identifying which units are
for use in the average income set-aside
test and applicable fraction determina-
tions and designating a unit’s imputed
income limitation takes an average of 15
minutes per unit. Based on an estimated
average of 15 units per building and an
average 15 minutes of time per unit, an
impacted taxpayer will incur an average
of 225 minutes per building to record the
additional designations due to the flexi-
bility under the regulations for the aver-
age income test. Total average annual
burden for recording the designations per
building is 11,250 hours (15 units x 15
minutes x 3,000 buildings).
Taxpayers are also required to report
redesignation of units, and why they are
required to redesignate units during the
year. For purposes of this analysis, we
assume that an average of 4 units per
building will be redesignated annually. We
estimate each redesignation will take an
average of 10 minutes. Thus, we estimate
the average number of minutes per year
to record redesignations for an impacted
taxpayers to be 40 minutes per building
for a total average annual burden of 2,000
hours (40 minutes x 3,000 buildings).
In addition, we estimate an annual
reporting burden related to the expanded
flexibility rules to average 20 minutes per
impacted taxpayers for a total burden of
100 hours (20 minutes x 300 taxpayers).
Estimated frequency of response:
Annual.
Estimated total burden hours: The
annual burden hours for this regulation
is estimated to be 13,350 hours. Using
a monetization rate of $56.60 per hour
(2024 dollars), the burden for this regula-
tion is $755,610 for impacted taxpayers.
A Federal agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless the collection of information dis-
plays a valid control number.
III. Regulatory Flexibility Act
Pursuant to the Regulatory Flexibility
Act (RFA) (5 U.S.C. chapter 6), the Sec-
retary of the Treasury hereby certifies that
this final regulation will not have a sig-
nificant economic impact on a substantial
number of small entities. This certifica-
tion is based on the fact that, prior to the
publication of this final regulation and
before the enactment of the 2018 Act,
taxpayers were already required to sat-
isfy either the 20-50 test or the 40-60 test,
as elected by the taxpayer, in order to
qualify as a low-income housing project.
The 2018 Act added a third minimum set-
aside test (the average income test) that
taxpayers may elect. This final regulation
sets forth requirements for the average
income test, and the costs associated with
the average income test are similar to the
costs associated with the 20-50 test and
40-60 test.
As described in more detail in the PRA
analysis section of the preamble, approxi-
mately 200 taxpayers elected the average
income test for just over 2,000 buildings
between 2018 and 2022. When viewed
annually, we project that approximately
100 additional taxpayers will have eligible
buildings and 1,000 additional buildings
will be eligible under the average income
test. We estimate that identifying which
units are for use in the average income set-
aside test and applicable fraction determi-
nations and designating a unit’s imputed
income limitation takes an average of 15
minutes per unit. Based on an estimated
average of 15 units per building and an
average 15 minutes of time per unit, an
impacted taxpayer will incur an average
of 225 minutes per building to record the
additional designations due to the flexibil-
ity under the regulations for the average
income test. In addition, taxpayers are
also required to report redesignation of
units, and why they are required to redes-
ignate units during the year. For purposes
of this analysis, we assume that an aver-
age of 4 units per building will be redesig-
nated annually. We estimate each redesig-
nation will take an average of 10 minutes.
Thus, we estimate the average number of
minutes per year to record redesignations
for an impacted taxpayer to be 40 minutes
per building for a total average annual
burden of 2,000 hours. We also estimate
an annual reporting burden related to the
expanded flexibility rules to average 20
minutes per impacted taxpayer for a total
burden of 100 hours.
IV. Section 7805(f)
Pursuant to section 7805(f), the pro-
posed regulation was submitted to the
Chief Counsel for the Office of Advocacy
of the Small Business Administration for
comment on its impact on small business,
and no comments were received. The
Treasury Department and the IRS also
requested comments from the public.
V. Unfunded Mandates Reform Act
Section 202 of the Unfunded Mandates
Reform Act of 1995 (UMRA) requires
that agencies assess anticipated costs and
benefits and take certain other actions
before issuing a final rule that includes
any Federal mandate that may result in
expenditures in any one year by a State,
local, or Tribal government, in the aggre-
gate, or by the private sector, of $100 mil-
lion in 1995 dollars, updated annually for
inflation. This final rule does not include
any Federal mandate that may result in
expenditures by State, local, or Tribal
governments, or by the private sector in
excess of that threshold.
VI. Executive Order 13132: Federalism
Executive Order 13132 (Federalism)
prohibits an agency from publishing any

Bulletin No. 2025–43 531 October 20, 2025
rule that has federalism implications if
the rule either imposes substantial, direct
compliance costs on State and local gov-
ernments, and is not required by statute,
or preempts State law, unless the agency
meets the consultation and funding
requirements of section 6 of the Execu-
tive order. These regulations do not have
federalism implications and do not impose
substantial direct compliance costs on
State and local governments or preempt
State law within the meaning of the Exec-
utive order.
VII. Congressional Review Act
Pursuant to the Congressional Review
Act (5 U.S.C. 801 et seq.), the Office of
Information and Regulatory Affairs des-
ignated this rule as not a “major rule,” as
defined by 5 U.S.C 804(2).
VIII. Executive Order 13175:
Consultation and Coordination With
Indian Tribal Governments
Executive Order 13175 (Consulta-
tion and Coordination With Indian Tribal
Governments) prohibits an agency from
publishing any rule that has Tribal impli-
cations if the rule either imposes substan-
tial, direct compliance costs on Indian
Tribal governments, and is not required
by statute, or preempts Tribal law, unless
the agency meets the consultation and
funding requirements of section 5 of the
Executive order. This final rule does not
have substantial direct effects on one
or more Federally recognized Indian
tribes and does not impose substantial
direct compliance costs on Indian Tribal
governments within the meaning of the
Executive order.
Drafting Information
The principal author of these regu-
lations is Waheed Olayan, Office of the
Associate Chief Counsel (Energy, Credits,
and Excise Tax). However, other person-
nel from the Treasury Department and the
IRS participated in their development.
List of Subjects in 26 CFR Part 1
Income taxes, Reporting and record-
keeping requirements.
Adoption of Amendments to the
Regulations
Accordingly, 26 CFR part 1 is amended
as follows:
PART 1--INCOME TAXES
Paragraph 1. The authority citation for
part 1 is amended by removing the entry
for § 1.42–19T to read in part as follows:
Authority: 26 U.S.C. 7805 * * *
* * * * *
Section 1.42-19 also issued under 26
U.S.C. 42(n);
* * * * *
Par. 2. Section 1.42-0 is amended by,
in the table of contents for §1.42-19, add-
ing entries for (c)(1), (c)(1)(i) and (ii), (c)
(2), (c)(2)(i) and (ii), (c)(3)(iv), (c)(4), (c)
(4)(i) through (iv), (d)(2), and (f)(4) to
read as follows:
§1.42-0 Table of contents.
* * * * *
§1.42-19 Average income test.
* * * * *
(c) * * *
(1) Identification of low-income units
for use in the average income set-aside
test or the applicable fraction determina-
tion.
(i) In general.
(ii) Recording and communicating.
(2) Notifications to the Agency with
jurisdiction over a project.
(i) Agency flexibility.
(ii) Examples.
(3) * * *
(iv) Recording, retention, and annual
communications related to designations.
(4) Correcting failures to comply with
procedural requirements.
(i) In general.
(ii) Discovery by taxpayer.
(iii) Discovery by Agency.
(iv) Waiver by Agency.
(d) * * *
(2) Process for changing a unit’s desig-
nated imputed income limitation.
* * * * *
(f) * * *
(4) Taxable years beginning on or after
September 30, 2025.
Par. 3. Section 1.42-19 is amended by:
1. Adding paragraphs (c)(1) and (2), (c)
(3)(iv), (c)(4), and (d)(2).
2. Revising paragraphs (f)(1) and (f)(2)
(ii).
3. Adding paragraph (f)(4).
The revisions and additions read as fol-
lows:
§1.42-19 Average income test.
* * * * *
(c) * * *
(1) Identification of low-income units
for use in the average income set-aside
test or the applicable fraction determi-
nation--(i) In general. For a taxable year,
a taxpayer must follow the procedures
described in paragraph (c)(1)(ii) of this
section to identify--
(A) A qualified group of units that sat-
isfy the average income set-aside test; and
(B) A qualified group of units to be
used to determine the applicable fraction.
(ii) Recording and communicating. A
taxpayer must--
(A) Record the identification in its
books and records, where the identifi-
cation must be retained for a period not
shorter than the record-retention require-
ment under §1.42-5(b)(2); and
(B) Communicate the annual identi-
fications to the applicable housing credit
agency (Agency) as provided in paragraph
(c)(2) of this section.
(2) Notifications to the Agency with
jurisdiction over a project--(i) Agency
flexibility. An Agency may establish the
time and manner in which information is
annually provided to it.
(ii) Examples. The following fact pat-
terns illustrate some of the approaches
that paragraph (c)(2)(i) of this section
allows an Agency to use to establish the
time and manner in which a taxpayer
annually provides information to the
Agency.
(A) Example 1. Agency A requires taxpayers
annually to submit a single list reporting all low-in-
come units in a qualified group to be used by the
taxpayer in determining the applicable fraction(s)
for all building(s) in the project. The identification of
each unit on the list must include the unit’s imputed
income designation. Consequently, Agency A can
identify within the list a group or groups of units that
constitute a qualified group that satisfies the average
income set-aside test and taxpayers are considered to
have identified a qualified group of units that satisfy
the average income test.

October 20, 2025 532 Bulletin No. 2025–43
(B) Example 2. Agency B has the same require-
ments for taxpayers as Agency A in paragraph (c)
(2)(ii)(A) of this section (Example 1) for the initial
annual report, but thereafter Agency B permits tax-
payers, in lieu of a full list, to submit a statement
describing the differences from the previous year’s
information (or, when applicable, by reporting that
there are no such differences).
(C) Example 3. Agency C requires taxpayers to
annually provide two separate lists of low-income
units: one list identifying the qualified group of units
for use in the average income set-aside; and a second
list identifying the qualified group of units for use in
the applicable fraction determination. The identifica-
tion of each unit on the lists must include the unit’s
imputed income designation.
(3) * * *
(iv) Recording, retention, and annual
communications related to designations.
A taxpayer designates a unit’s imputed
income limitation by recording the lim-
itation in its books and records, where it
must be retained for a period not shorter
than the record retention requirement
under §1.42-5(b)(2). The preceding sen-
tence applies both to units whose first
occupancy is as a low-income unit and to
previously market-rate units that are con-
verted to low-income status. The designa-
tion must also be communicated annually
to the applicable Agency as provided in
paragraph (c)(2) of this section.
(4) Correcting failures to comply with
procedural requirements--(i) In general.
If there is a failure to comply with the
requirements of paragraph (c)(1) or (2)
or (c)(3)(iv) of this section and any of the
procedures described in paragraph (c)(4)
(ii), (iii), or (iv) of this section are fol-
lowed, then the failure is treated as cor-
rected and the relevant requirements are
treated as having been satisfied. In such
case, the tax consequences under this sec-
tion correspond to that deemed satisfac-
tion.
(ii) Discovery by taxpayer. If a tax-
payer discovers a failure to comply, the
taxpayer must submit a correction to the
Agency. Such a correction may be in the
form of a revised qualified group of units.
This submission must occur not more than
180 days after discovery of the failure.
(iii) Discovery by Agency. If an Agency
discovers a failure to comply, the Agency
must provide prompt notification to the
taxpayer in a manner similar to the one
described in §1.42-5(e)(2), and the tax-
payer must submit a correction to the
Agency within a time period no longer
than the period described in §1.42-5(e)(4).
(iv) Waiver by Agency. In all cases, if
a correction is required due to a failure
to comply with the requirements of para-
graph (c)(1) or (2) or (c)(3)(iv) of this sec-
tion, then the Agency has the discretion
to waive that failure in writing. For the
waiver to be effective, this writing must be
provided to the taxpayer within the time
limit described in paragraph (c)(4)(ii) or
(iii) of this section, as applicable.
(d) * * *
(2) Process for changing a unit’s desig-
nated imputed income limitation. The tax-
payer effects a change in a unit’s imputed
income limitation by recording the new
designation in its books and records, where
it must be retained for a period not shorter
than the record retention requirement
under §1.42-5(b)(2). The new designation
must also be communicated to the appli-
cable Agency as provided in paragraph (c)
(2) of this section and must become part of
the annual report to the Agency of income
designations. The prior designation must
be retained in the books and records for
the period specified in paragraph (c)(3)
(iv) of this section. A designation under
this paragraph (d)(2) satisfies paragraph
(c)(3) of this section.
* * * * *
(f) * * *
(1) In general. Except as provided in
paragraphs (f)(3) and (4) of this section,
this section applies to taxable years begin-
ning after December 31, 2022.
(2) * * *
(ii) The designation required by para-
graph (f)(2)(i) of this section must comply
with paragraphs (c)(3)(ii) and (iv) of this
section, without taking into account para-
graph (c)(4) of this section. Paragraph (c)
(2) of this section applies to these desig-
nations, except that the Agency may allow
the notification to be made along with any
other notifications for the first taxable year
beginning after December 31, 2022.
* * * * *
(4) Taxable years beginning on or
after September 30, 2025. Paragraphs (c)
(1) and (2), (c)(3)(iv), (c)(4), (d)(2), and
(f)(2)(ii) of this section apply to taxable
years beginning on or after September 30,
2025. For taxable years beginning before
September 30, 2025, see §1.42-19T as
contained in 26 CFR part 1, as revised
April 1, 2025. For taxable years beginning
before September 30, 2025, taxpayers,
however, may choose to apply the rules
of paragraphs (c)(1) and (2), (c)(3)(iv), (c)
(4), (d)(2), and (f)(2)(ii) of this section,
provided the taxpayers apply the rules in
their entirety and in a consistent manner.
§1.42-19T [Removed]
Par. 4. Section 1.42–19T is removed.
Edward T. Killen,
Acting Chief Tax Compliance Officer.
Approved: September 19, 2025.
Kenneth J. Kies,
Assistant Secretary of the Treasury
(Tax Policy).
(Filed by the Office of the Federal Register Septem-
ber 29, 2025, 8:45 a.m., and published in the issue
of the Federal Register for September 30, 2025, 90
FR 46756)

Bulletin No. 2025–43 533 October 20, 2025
Part III
Interim Guidance
Regarding the Application
of the Corporate
Alternative Minimum Tax to
Domestic Corporations
Notice 2025-46
SECTION 1. OVERVIEW
This notice provides interim guidance
regarding the application of the corpo-
rate alternative minimum tax (CAMT) to
domestic corporate transactions, finan-
cially troubled companies (troubled com-
panies), and tax consolidated groups.
1
The
Department of the Treasury (Treasury
Department) and the Internal Revenue
Service (IRS) intend to partially withdraw
the CAMT Proposed Regulations (as
described in section 2.03 of this notice)
and to issue revised proposed regulations
that include proposed rules similar to the
interim guidance provided in sections
3 through 6 of this notice (forthcoming
proposed regulations).
2
The forthcoming
proposed regulations would reduce the
compliance burdens and costs associ-
ated with the application of the CAMT to
domestic corporate transactions, troubled
companies, and tax consolidated groups.
Taxpayers may rely on the interim guid-
ance provided in sections 3 through 6 of
this notice as provided in section 7 of this
notice.
SECTION 2. BACKGROUND
.01 Overview of the CAMT. Section
10101 of Public Law 117-169, 136 Stat.
1818, 1818-1828 (August 16, 2022), com-
monly referred to as the Inflation Reduc-
tion Act of 2022, amended § 55 to impose
the CAMT based on the “adjusted finan-
cial statement income” (AFSI) of an appli-
cable corporation for taxable years begin-
ning after December 31, 2022. Section
59(k)(1)(A) provides that, for purposes
of §§ 55 through 59, the term “applicable
corporation” means, with respect to any
taxable year, any corporation (other than
an S corporation, a regulated investment
company, or a real estate investment trust)
that meets the average annual AFSI test
in § 59(k)(1)(B) for one or more taxable
years that (i) are before that taxable year,
and (ii) end after December 31, 2021.
.02 AFSI under § 56A.
(1) General definition of AFSI. For
purposes of §§ 55 through 59, the term
“AFSI” means, with respect to any corpo-
ration for any taxable year, the net income
or loss of the taxpayer set forth on the
taxpayer’s applicable financial statement
(AFS) for that taxable year, adjusted as
provided in § 56A. Section 56A(c) pro-
vides general adjustments to be made to
AFSI.
(2) Special rule regarding consolidated
returns. Section 56A(c)(2)(B) provides a
general rule that, if the taxpayer is part of
a tax consolidated group for any taxable
year, AFSI for that group for that taxable
year must take into account items on the
group’s AFS that are properly alloca-
ble to members of that group. However,
§ 56A(c)(2)(B) provides the Secretary of
the Treasury or the Secretary’s delegate
(Secretary) with authority to prescribe by
regulation exceptions to that general rule.
(3) Special rule regarding dividends
and other amounts. Section 56A(c)(2)
(C) provides a special rule that, if a cor-
poration is not a member of the taxpay-
er’s consolidated group, the taxpayer’s
AFSI with respect to that other corpo-
ration includes only dividends received
from that other corporation (reduced to
the extent provided by the Secretary in
regulations or other guidance) and other
amounts includible in gross income or
deductible as a loss under chapter 1 of the
Code (other than amounts required to be
included under §§ 951 or 951A or such
other amounts as provided by the Secre-
tary) with respect to the other corporation.
(4) Authority of the Secretary to provide
necessary adjustments. Section 56A(c)
(15) authorizes the Secretary to issue reg-
ulations or other guidance to provide for
such adjustments to AFSI as the Secretary
determines necessary to carry out the pur-
poses of § 56A, including adjustments to
AFSI to prevent the omission or duplica-
tion of any item and adjustments to carry
out the principles of part II and part III
of subchapter C of chapter 1 of the Code
(subchapter C), relating to corporate liq-
uidations and corporate organizations and
reorganizations, respectively.
(5) Financial statement net operat-
ing losses. Section 56A(d) provides that
AFSI is reduced by an amount equal to
the lesser of (i) the aggregate amount of
financial statement net operating loss
(FSNOL) carryovers to the taxable year,
or (ii) 80 percent of AFSI, computed with-
out regard to FSNOLs. Section 56A(d)(3)
defines the term “financial statement net
operating loss” as the amount of the net
loss (if any) set forth on the corporation’s
AFS (determined after the application of
§ 56A(c) and without regard to § 56A(d)).
(6) General authority of the Secretary.
Section 56A(e) authorizes the Secretary to
provide such regulations and other guid-
ance as necessary to carry out the pur-
poses of § 56A.
.03 CAMT Proposed Regulations.
(1) Overview. On September 13, 2024,
the Treasury Department and the IRS pub-
lished a notice of proposed rulemaking
(REG-112129-23) in the Federal Regis-
ter (89 F.R. 75062) containing proposed
regulations addressing the application of
the CAMT. Technical corrections to the
proposed regulations were published in
the Federal Register (89 F.R. 104909) on
December 26, 2024. The proposed reg-
ulations contained in REG-112129-23,
as corrected on December 26, 2024, are
referred to herein as the “CAMT Proposed
Regulations.” Numerous comments were
submitted in response to the CAMT Pro-
posed Regulations. The Treasury Depart-
ment and the IRS continue to consider and
study these comments. Sections 2.03(2)
through (5) of this notice discuss the pro-
visions of, and briefly summarize the com-
ments received on, proposed §§ 1.56A-18
and 1.56A-19 (related to domestic corpo-
1
Unless otherwise specified, terms used in this notice have the same meaning as in the CAMT Proposed Regulations, as defined in section 2.03 of this notice.
2
Unless otherwise specified, all “section” or “§” references are to sections of the Code or the Income Tax Regulations (26 CFR part 1).

October 20, 2025 534 Bulletin No. 2025–43
rate transactions), proposed § 1.56A-21
(related to troubled companies), proposed
§ 1.1502-56A (related to tax consolidated
groups), and proposed § 1.56A-23(e) and
(f) (related to acquired FSNOLs and cer-
tain built-in items), respectively.
(2) Domestic corporate transactions.
(a) Proposed §§ 1.56A-18 and 1.56A-
19. Proposed §§1.56A-18 and 1.56A-19
would provide rules for determining the
CAMT consequences of (i) investments in
domestic corporations that are not mem-
bers of the CAMT entity’s tax consoli-
dated group, and (ii) covered transactions
(as defined in proposed §1.56A-18(b)
(11)). Specifically, proposed §§1.56A-18
and 1.56A-19 would apply § 56A(c)(2)
(C) to conform the treatment of invest-
ments in domestic corporations to the
Federal income tax treatment of such
investments. Proposed §§ 1.56A-18 and
1.56A-19 would further provide that
financial accounting treatment governs
the computation of a domestic corpo-
ration’s AFSI resulting from a covered
recognition transaction. If a transaction
qualifies as a covered nonrecognition
transaction, the CAMT entity would
determine its AFSI using the rules that
apply “for regular tax purposes” (within
the meaning of proposed § 1.56A-1(b)
(22)) with CAMT inputs, such as CAMT
basis and CAMT earnings. Whether a
transaction is a covered recognition trans-
action or a covered nonrecognition trans-
action would be determined on a transac-
tion-by-transaction basis for each party
to the transaction. A transaction would
be a covered recognition transaction to
a party if the party recognized any gain
or loss for regular tax purposes. Addi-
tionally, proposed § 1.56A-19(g)(5)(iii)
would provide an anti-abuse rule for cer-
tain “section 351 exchanges” (as defined
in proposed § 1.56A-18(b)(25)) in which
a “section 351 transferor” (as defined in
proposed § 1.56A-18(b)(27)) that is not an
applicable corporation receives a de mini-
mis amount of boot in addition to stock
of the “section 351 transferee” (as defined
in proposed § 1.56A-18(b)(26)). The pro-
posed regulations under §§ 1.56A-18 and
1.56A-19 would not apply to the own-
ership of stock of a foreign corporation
or to transactions involving foreign cor-
porations. See proposed §§ 1.56A-4 and
1.56A-18(a)(2)(ii).
(b) Comments received. Commenters
recommended conforming the rules in
proposed §§ 1.56A-18 and 1.56A-19 to
follow more closely the rules that apply
for regular tax purposes, with CAMT
inputs. Commenters also disagreed with
the design of certain proposed rules,
which certain commenters described as
resulting in a “cliff effect.” Those pro-
posed “cliff effect” rules would result in
the CAMT consequences of a transaction
being determined under either (i) the gen-
eral rule of § 56A(a), which would deter-
mine CAMT consequences by applying
the taxpayer’s AFS, or (ii) the proposed
rules issued under § 56A(c)(15), which
would determine CAMT consequences by
applying certain rules of part II and part III
of subchapter C applicable for regular tax
purposes. The commenters recommended
bifurcating transactions to allow for partial
gain recognition or permitting a specified
percentage of the consideration received
in a covered nonrecognition transaction to
be boot without causing the transaction to
become a covered recognition transaction.
In addition, commenters requested clar-
ification regarding the CAMT treatment
of various corporate transactions. Specif-
ically, commenters requested: (i) a clear
set of rules (based on either the rules that
apply for regular tax purposes or financial
accounting rules) to identify which party
to a transaction is the distributing corpo-
ration or the controlled corporation, and
which party to a transaction is the acquir-
ing corporation or the target corporation;
(ii) clarification regarding the treatment
of transactions that qualify for nonrec-
ognition treatment under multiple Code
sections (such as §§ 351 and 368(a)(2)
(E)); and (iii) clarification as to whether
the CAMT rules incorporate certain con-
cepts that apply for regular tax purposes
(for example, the “F in a bubble” concept
for transactions that qualify as reorganiza-
tions under § 368(a)(1)(F)).
(3) Troubled companies.
(a) Proposed § 1.56A-21. Proposed
§ 1.56A-21 would provide rules under
§ 56A for determining the CAMT conse-
quences resulting from an insolvency or
bankruptcy of a CAMT entity (including
a foreign corporation), including rules for
determining any resulting AFSI and for
determining adjustments to CAMT basis
or other CAMT attributes from the dis-
charge of indebtedness. Proposed § 1.56A-
21 (i) would exclude income from the
discharge of indebtedness from AFSI of
insolvent CAMT entities (to the extent of
their insolvency) and for CAMT entities
in a title 11 case, and (ii) would require
CAMT entities that exclude income from a
discharge of indebtedness under proposed
§ 1.56A-21 to reduce CAMT attributes in
a specified order. These and other rules in
proposed § 1.56A-21 generally are based
on certain rules in § 108 that apply for reg-
ular tax purposes.
(b) Comments received. Commenters
generally supported the overall approach
in proposed § 1.56A-21, which incorpo-
rated the general rules of §§ 108 and 1017
applicable for regular tax purposes. Con-
sistent with their support of the overall
approach of proposed § 1.56A-21, com-
menters requested additional clarifications
and revisions to the proposed attribute
reduction rules (for example, aligning
those rules more closely with § 1.1017-
1(a)). Commenters also recommended that
the Treasury Department and the IRS pre-
scribe the application of financial account-
ing standards in lieu of rules that apply for
regular tax purposes (regular tax rules) in
certain cases, and the application of regu-
lar tax rules in lieu of financial account-
ing standards in other cases, to provide
greater tax certainty and minimize CAMT
tax liabilities for troubled companies. In
addition, commenters requested clarity
on the application of the proposed rules
to tax consolidated groups (for example,
whether the attribute reduction rules in
§ 1.1502-28 apply for a CAMT entity that
is a tax consolidated group member, and
whether the insolvency and bankruptcy
exclusions apply on a member-by-mem-
ber basis or at the tax consolidated group
level).
(4) Tax consolidated groups.
(a) Proposed § 1.1502-56A. Proposed
§ 1.1502-56A would provide rules for the
computation of the AFSI and CAMT attri-
butes of a tax consolidated group, includ-
ing rules for: (i) the treatment of intercom-
pany transactions; (ii) the determination
of basis of stock of tax consolidated group
members; and (iii) the allocation of CAMT
attributes (such as FSNOLs) when a mem-
ber leaves the tax consolidated group. The
rules in proposed § 1.1502-56A generally
are simplified versions of the rules for tax

Bulletin No. 2025–43 535 October 20, 2025
consolidated groups that apply for regular
tax purposes and that are set forth in other
regulations issued under the authority of
§ 1502 (consolidated return regulations).
(b) Comments received. Commenters
recommended removing the simplified
rules in proposed § 1.1502-56A and incor-
porating by reference (with appropriate
adjustments) the rules for tax consolidated
groups that apply for regular tax purposes,
particularly § 1.1502-19 (regarding excess
loss accounts) and §§ 1.1502-31 and
1.1502-32 (regarding basis adjustments),
in order to reduce compliance costs and
prevent inadvertent omissions of certain
rules under § 1502.
(5) Acquired FSNOLs and certain
built-in items.
(a) Proposed § 1.56A-23(e) and (f).
Proposed § 1.56A-23(e) would place lim-
itations on the use of FSNOLs acquired
in successor transactions. Proposed
§ 1.56A-23(f) would treat certain recog-
nized built-in losses as acquired FSNOLs
for purposes of proposed § 1.56A-23(e).
Proposed § 1.56A-23(e) would permit a
successor corporation or successor group
to use acquired FSNOLs to offset the
successor’s AFSI: (i) only if the acquired
business was separately tracked in the suc-
cessor’s books and records; and (ii) only
to the extent of the AFSI generated by the
separately tracked business after the suc-
cessor transaction. If the acquired busi-
ness were integrated into the acquiror’s
business, proposed § 1.56A-23(e) would
permit the acquired FSNOLs to be used
only to the extent of AFSI that would have
been generated had the acquired business
remained separately tracked.
(b) Comments received. Commenters
generally recommended removing the
proposed “separate tracking” requirement
and following the rules that apply for reg-
ular tax purposes (for example, the limita-
tion on net operating loss carryforwards
and certain built-in losses in § 382, or the
separate return limitation year rules in
§§ 1.1502-15 and 1.1502-21(c)).
SECTION 3. DOMESTIC
CORPORATE TRANSACTIONS
.01 Purpose. The Treasury Department
and the IRS anticipate that the forthcom-
ing proposed regulations will revise pro-
posed §§ 1.56A-18 and 1.56A-19 con-
sistent with the guidance provided in this
section 3 to allow a CAMT entity to deter-
mine (i) the amount of its AFSI resulting
from its ownership of stock of a domestic
corporation (as determined under pro-
posed §1.56A-1(f)(1) and (2)) that is not
a member of the same tax consolidated
group as the CAMT entity, and (ii) the
AFSI and CAMT basis consequences of
certain transactions involving domestic
corporations. In response to commenters’
requests, the guidance set forth in this sec-
tion 3 is intended to reduce compliance
burdens and costs associated with apply-
ing proposed §§ 1.56A-18 and 1.56A-19
by more closely following the rules that
apply for regular tax purposes and incor-
porating a more limited set of CAMT
inputs.
.02 Definitions. The following defini-
tions apply solely for purposes of section
3 of this notice:
(1) Domestic covered asset transaction.
The term “domestic covered asset trans-
action” means a transaction (other than
a covered asset transaction, as defined in
proposed § 1.56A-4(b)(1)) in which one
or more assets are—
(a) Transferred by a domestic corpora-
tion in a transfer—
(i) To which § 311, 355 (in the case of
stock, or stock and securities, of a domes-
tic corporation described in § 355(a)(1)
(A)), or 361 applies; or
(ii) That is part of a complete liquida-
tion to which §§ 332 and 337 apply;
(b) Transferred to a domestic corpora-
tion in a transfer to which § 351 or 361
applies; or
(c) Stock or securities of a domestic
corporation that is a party to a reorgani-
zation described in § 368(a)(1), and that
stock or those securities are transferred in
a transfer to which § 354 or 356 applies.
(2) Section 336(e) transaction. The
term “§ 336(e) transaction” means a dis-
position, as defined in § 1.336-1(b)(5),
of stock of a domestic corporation with
respect to which the seller makes an elec-
tion under § 336(e).
(3) Section 338 transaction. The term
“§ 338 transaction” means a purchase,
as defined in § 338(h)(3), of stock of
a domestic corporation with respect to
which—
(a) The purchaser makes an election
under § 338(g); or
(b) The purchaser and the seller make
an election under § 338(h)(10).
(4) Transfer. The term “transfer” (or
“transferred” or “transfers” or “transfer-
ring”), when used with respect to an asset,
means a sale, distribution, exchange, or
any other disposition of the asset. If the
asset is stock or securities of a corpora-
tion, the term “transfer” includes the issu-
ance or redemption of that stock or securi-
ties by the corporation.
.03 Adjustments to AFSI.
(1) Adjustments with respect to stock of
a domestic corporation.
(a) In general. If a CAMT entity
directly owns stock of a domestic corpo-
ration that is not a member of a tax con-
solidated group of which the CAMT entity
is a member, the AFSI of the CAMT entity
with respect to its ownership of stock of
the domestic corporation is adjusted—
(i) To disregard any items of income,
expense, gain, and loss resulting from
ownership of stock of the domestic cor-
poration, including any items that result
from acquiring or transferring the stock
(such as remeasurement gain or loss),
reflected in the CAMT entity’s FSI; and
(ii) To include any items of income,
deduction, gain, and loss for regular tax
purposes resulting from ownership of
stock of the domestic corporation, includ-
ing any items that result from acquiring or
transferring the stock; however, for this
purpose, the amount of each such item
is computed by substituting the CAMT
entity’s CAMT basis in the stock of the
domestic corporation for the CAMT enti-
ty’s basis in that stock for regular tax pur-
poses.
(b) Amount and character of distribu-
tions. The amount and character of any
distribution described in section 3.03(1)
(a) of this notice is determined using earn-
ings and profits as determined for regular
tax purposes.
(2) Adjustments with respect to domes-
tic covered asset transactions. If a CAMT
entity transfers an asset, other than stock
of a domestic corporation, in a domestic
covered asset transaction, the AFSI of the
CAMT entity is adjusted—
(a) To Disregard any items of income,
expense, gain, and loss with respect to the
transferred asset resulting from the domes-
tic covered asset transaction reflected in
the CAMT entity’s FSI; and

October 20, 2025 536 Bulletin No. 2025–43
(b) To Include any items of income,
deduction, gain, and loss for regular tax
purposes with respect to the transferred
asset resulting from the domestic cov-
ered asset transaction; however, for this
purpose, the amount of each such item is
computed by substituting the CAMT enti-
ty’s CAMT basis in the transferred asset
for the CAMT entity’s basis in the trans-
ferred asset for regular tax purposes.
(3) Adjustments with respect to
§ 336(e) transactions or § 338 transac-
tions. If stock of a domestic corporation
is disposed of in a § 336(e) transaction or
acquired in a § 338 transaction, the AFSI
of the domestic corporation is adjusted to
include any net gain or loss that results for
regular tax purposes with respect to all
assets the domestic corporation is treated
as selling by reason of the transaction;
however, for this purpose, the amount
of gain or loss with respect to each asset
that the domestic corporation is deemed
to have sold by reason of the transaction
is computed by substituting the domestic
corporation’s CAMT basis in the asset for
the domestic corporation’s basis in the
asset for regular tax purposes.
.04 Determining CAMT basis in cer-
tain cases.
(1) Domestic covered asset trans-
actions. This section 3.04(1) provides
interim guidance for determining the
transferee’s CAMT basis in an asset trans-
ferred in a domestic covered asset trans-
action (or the transferee’s CAMT basis in
an asset retained, in the case of stock of
a distributing corporation in certain distri-
butions under § 355):
(a) If the asset is transferred in a trans-
action described in § 311, the transferee’s
CAMT basis in the asset is determined in
the manner described in § 301(d).
(b) If the asset is transferred in a trans-
action described in §§ 332 and 337, the
transferee’s CAMT basis in the asset is
determined in the manner described in
§ 334(b), substituting the transferor’s
CAMT basis in the asset for the transfer-
or’s basis in the asset for regular tax pur-
poses.
(c) If the asset is transferred in a trans-
action described in § 351 or 361, then—
(i) If the transferor is a CAMT entity,
the transferee’s CAMT basis in the asset
is determined in the manner described in
§ 362, substituting the transferor’s CAMT
basis in the asset for the transferor’s basis
in the asset for regular tax purposes,
and substituting the amount of income
included in the transferor’s AFSI for the
amount of gain recognized to the trans-
feror for regular tax purposes; or
(ii) If the transferor is not a CAMT
entity, the transferee’s CAMT basis in the
asset is equal to the transferee’s basis in
the asset for regular tax purposes, includ-
ing any basis increase under § 362 in the
amount of gain recognized to the trans-
feror on the transfer.
(d) If the asset transferred is stock or
securities of a domestic corporation (that
is, a controlled corporation) described in
§ 355(a)(1)(A) and the asset is transferred
by a domestic transferor corporation (that
is, a distributing corporation) in a trans-
action to which § 355 applies, the trans-
feree shareholder or security holder’s
CAMT basis in the stock or securities of
both the domestic distributing corpora-
tion and the domestic controlled corpo-
ration is determined by applying § 358,
substituting the transferee’s CAMT basis
in the stock or securities of the domes-
tic distributing corporation for the trans-
feree’s basis in the stock or securities of
the domestic distributing corporation for
regular tax purposes.
(e) If the asset transferred is exchanged
for stock or securities of a domestic corpo-
ration that is a party to a reorganization (as
defined in § 368(b)) or for stock or securi-
ties of a section 351 transferee (as defined
in proposed § 1.56A-18(b)(26)), the trans-
feror’s CAMT basis in the assets received
is determined by applying § 358, substi-
tuting the transferor’s CAMT basis in the
assets transferred for the transferor’s basis
in those assets for regular tax purposes,
and substituting the amount of income or
loss included in the transferor’s AFSI for
the amount of gain or loss recognized to
the transferor for regular tax purposes.
(f) If a transferor in a domestic cov-
ered asset transaction described in sec-
tion 3.04(1)(a) through (e) of this notice
did not determine the CAMT basis in
the assets transferred in that transaction
to a transferee CAMT entity, see section
3.04(4) of this notice for guidance for the
transferee CAMT entity to determine the
CAMT basis of those transferred assets.
(2) CAMT basis in assets deemed pur-
chased in § 336(e) transactions and § 338
transactions. If stock of a domestic corpo-
ration is acquired in a § 336(e) transaction
or a § 338 transaction, immediately after
the transaction, the domestic corporation’s
CAMT basis in the assets it is deemed to
have purchased by reason of the transac-
tion is equal to the domestic corporation’s
basis in those assets for regular tax pur-
poses.
(3) Purchase accounting and push
down accounting. If a CAMT entity
acquires stock of a domestic corporation,
then any purchase accounting and push
down accounting adjustments, as applica-
ble, with respect to the acquisition of the
stock of the domestic corporation are dis-
regarded for purposes of determining—
(a) The CAMT basis in the domestic
corporation’s assets; and
(b) The CAMT entity’s AFSI.
(4) Determination of a transferee’s ini-
tial CAMT basis in certain circumstances.
(a) Overview. This section 3.04(4)
applies if a domestic CAMT entity acquires
assets in a domestic covered asset transac-
tion from a transferor that does not deter-
mine the CAMT basis in those transferred
assets. If this section 3.04(4) applies, the
initial CAMT basis in those assets is the
transferee CAMT entity’s basis in those
assets for regular tax purposes.
(b) Timing of determination. A trans-
feree CAMT entity determines the ini-
tial CAMT basis in assets acquired from
a transferor in a domestic covered asset
transaction to be the basis of those assets
(determined under section 3.04(4)(a) of
this notice) as of the end of the day on the
date of the domestic covered asset trans-
action.
(5) Coordination with proposed
§§ 1.56A-15 and 1.56A-16. Proposed
§1.56A-15(e) and 1.56A-16(e) (as appli-
cable) are applied by taking into account
any adjustments made by a transferee
CAMT entity to the AFS basis of section
168 property or qualified wireless spec-
trum acquired in a domestic covered asset
transaction under this section 3.
SECTION 4. TROUBLED
COMPANIES
.01 Purpose. To provide additional
relief to troubled companies and increase
taxpayer certainty regarding the applica-
tion of proposed § 1.56A-21, the Treasury

Bulletin No. 2025–43 537 October 20, 2025
Department and the IRS anticipate that
the forthcoming proposed regulations
will revise proposed § 1.56A-21 consis-
tent with the interim guidance provided in
this section 4. Taken together, these revi-
sions are intended: (i) to provide greater
clarity regarding the circumstances in
which regular tax rules, as opposed to
financial accounting standards, apply in
determining the CAMT consequences for
a troubled company; (ii) to further align
proposed § 1.56A-21 with the rules that
apply for regular tax purposes, including
the rules of §§ 108(e)(6) and (8); and (iii)
to specify the manner in which the attri-
bute reduction rules apply with regard to
the basis of foreign corporation stock.
Additionally, the interim guidance con-
tained in this section 4 clarifies (i) cases
in which financial accounting standards
or regular tax rules may be applied to
minimize the burden of CAMT on trou-
bled companies, (ii) the attribute reduc-
tion rules in connection with discharges
of indebtedness, and (iii) the application
of the proposed rules to tax consolidated
groups.
.02 Definitions. For purposes of this
section 4:
(1) CAMT attribute. The term “CAMT
attribute” means—
(a) CAMT basis (excluding basis for
regular tax purposes (regular tax basis) in
stock in a foreign corporation);
(b) CAMT foreign tax credits;
(c) “CFC adjustment carryovers” (as
defined in proposed § 1.56A-6(b)(6)); and
(d) FSNOLs.
(2) Covered property. The term “cov-
ered property” means “section 168 prop-
erty” (as defined in proposed § 1.56A-15(b)
(6)), “qualified wireless spectrum” (as
defined in proposed § 1.56A-16(b)(4)),
and “ANCSA property” (as defined in
proposed §1.56A-11(b)(2)).
(3) Discharge of indebtedness.
(a) In general. With respect to a CAMT
entity, the term “discharge of indebted-
ness” means any discharge of indebted-
ness (or any similar term) of the CAMT
entity reflected in its AFS.
(b) Adjustments to AFS basis. For pur-
poses of this section 4.02(3), the term “dis-
charge of indebtedness” includes reduc-
tions to the AFS basis of the indebtedness
(other than as a result of payment) during
the pendency of a title 11 case, regardless
of whether a discharge of indebtedness is
granted by the court or pursuant to a plan
approved by the court.
(c) Nonrecourse indebtedness. With
respect to a CAMT entity, the term “dis-
charge of indebtedness” does not include
the discharge of any indebtedness of the
CAMT entity that results from the satis-
faction of nonrecourse debt of the CAMT
entity with property that secures that debt.
(d) Recourse indebtedness. With
respect to a CAMT entity, the term “dis-
charge of indebtedness”—
(i) Includes the amount by which the
discharge of any recourse indebtedness of
the CAMT entity exceeds the aggregate
fair market value of the property used to
satisfy the indebtedness; and
(ii) Does not include the amount by
which the aggregate fair market value of
the property used to satisfy the indebted-
ness exceeds the aggregate CAMT basis
of that property.
(e) Federal financial assistance. The
term “Federal financial assistance” (FFA)
has the meaning provided in § 597(c) and
§ 1.597-1(b).
(f) Indebtedness. With respect to a
CAMT entity, the term “indebtedness”
means any indebtedness reflected on the
AFS of the CAMT entity—
(i) For which the CAMT entity is lia-
ble; or
(ii) Subject to which the CAMT entity
holds property (see § 108(d)(1)).
(g) Insolvent.
(i) In general. A CAMT entity is insol-
vent if and to the extent that the CAMT
entity is insolvent for regular tax pur-
poses. See § 108(d)(3).
(ii) Timing of determination. With
respect to any discharge of indebtedness,
the insolvency of a CAMT entity is deter-
mined by taking into account the amount
of a CAMT entity’s assets and liabilities
for regular tax purposes immediately
before the discharge of indebtedness. See
§ 108(d)(3).
(iii) Member-by-member determina-
tion. In determining whether a CAMT
entity that is a member of a tax consoli-
dated group is insolvent, the CAMT entity
is treated as a separate taxpayer from all
other members of its tax consolidated
group. For purposes of this section 4.02(3)
(g), a CAMT entity does not cease to be
a member of a tax consolidated group
unless the CAMT entity deconsolidates
for regular tax purposes.
(4) Title 11 case. The term “title 11
case” has the meaning given the term in
§ 108(d)(2), but without regard to whether
the discharge of indebtedness is granted
by, or is pursuant to a plan approved by,
the court. With respect to a CAMT entity
(including a CAMT entity that is a mem-
ber of a tax consolidated group), a title 11
case would qualify the CAMT entity for
the exclusion in section 4.03(1) of this
notice only if the CAMT entity itself is
under the jurisdiction of the court as the
debtor in such case.
.03 Treatment of Discharge of indebt-
edness income.
(1) AFSI in title 11 cases. If a CAMT
entity that is under the jurisdiction of a
court in a title 11 case realizes any dis-
charge of indebtedness income, then—
(a) For purposes of determining the
AFSI of the CAMT entity, the CAMT
entity disregards the total amount of
income that is reflected in the FSI of the
CAMT entity resulting solely from the
discharge of indebtedness of the CAMT
entity; and
(b) The CAMT entity applies the attri-
bute reduction interim guidance described
in sections 4.03(4) and (5) of this notice to
the CAMT entity’s CAMT attributes.
(2) AFSI in cases of insolvency. If a
CAMT entity is insolvent and realizes any
discharge of indebtedness income, and
if section 4.03(1) of this notice does not
apply to the CAMT entity—
(a) For purposes of determining the
AFSI of the CAMT entity, the CAMT
entity disregards the income reflected
in the FSI of the CAMT entity resulting
solely from the discharge of indebted-
ness by an amount equal to the lesser of
the amount of the discharge of indebted-
ness and the amount by which the CAMT
entity is insolvent; and
(b) The CAMT entity applies the attri-
bute reduction interim guidance described
in sections 4.03(4) and (5) of this notice to
the CAMT entity’s CAMT attributes.
(3) Disregarded entities.
(a) In general. For purposes of apply-
ing sections 4.03(1) and (2) of this notice
to discharge of indebtedness of a disre-
garded entity, the disregarded entity is not
considered to be the “taxpayer” as that
term is used in § 108. Instead, for purposes

October 20, 2025 538 Bulletin No. 2025–43
of sections 4.03(1) and (2) of this notice,
the CAMT entity owner of the disregarded
entity is the “taxpayer.” See § 1.108-9.
(b) Title 11 cases. If indebtedness of a
disregarded entity is discharged in a title
11 case, section 4.03(1) of this notice
applies to that discharged indebtedness
only if the CAMT entity owner of the dis-
regarded entity is under the jurisdiction of
the court in a title 11 case as the title 11
debtor.
(c) Insolvency. If indebtedness of a
disregarded entity is discharged, section
4.03(2) of this notice applies to that dis-
charged indebtedness only to the extent
the CAMT entity owner of the disregarded
entity is insolvent.
(4) Attribute reduction.
(a) Overview. If income reflected in
the FSI of a CAMT entity is disregarded
for AFSI purposes under section 4.03(1)
(a) or 4.03(2)(a) of this notice (that is,
with regard to a discharge of indebtedness
during the pendency of a title 11 case or
when the CAMT entity is insolvent), the
CAMT entity reduces the CAMT attri-
butes of the CAMT entity described in,
and in the manner required by, this section
4.03(4) and section 4.03(5) of this notice.
(b) Required attribute reduction
amount.
(i) In general. Subject to section
4.03(4)(b)(ii) of this notice, a CAMT
entity described in section 4.03(4)(a) of
this notice reduces its CAMT attributes
by an amount that equals (i) the amount
of discharge of indebtedness of the
CAMT entity excluded from AFSI under
section 4.03(1) or 4.03(2) of this notice,
minus (ii) the total amount by which
the CAMT entity reduces the regular
tax basis in any stock it holds in foreign
corporations under § 1017. For interim
guidance that provides the amount of
CAMT attributes that is reduced for
each dollar of discharge of indebtedness
excluded from AFSI, see section 4.03(5)
of this notice.
(ii) Maximum amount of attribute
reduction. The amount of CAMT attri-
butes required to be reduced by a CAMT
entity under section 4.03(4)(b)(iii) of
this notice cannot exceed the aggregate
amount of the CAMT entity’s CAMT
attributes, determined as of the time of the
reduction under sections 4.03(4)(b)(iv)
and (v) of this notice.
(iii) Attribute reduction. A CAMT
entity described in section 4.03(4)(a) of
this notice reduces (but not below zero)
the following CAMT attributes of the
CAMT entity in the following order:
(A) CAMT basis of covered property,
but only if the regular tax basis of any cov-
ered property is reduced under § 1017, and
then only to the extent the CAMT basis of
the covered property exceeds the aggre-
gate basis of the same property after the
regular tax basis is reduced under § 1017.
(B) FSNOLs.
(C) CFC adjustment carryovers.
(D) CAMT basis of real property used
in a trade or business or held for invest-
ment, other than real property described
in § 1221(a), that secured the discharged
indebtedness immediately before the dis-
charge.
(E) CAMT basis of personal prop-
erty used in a trade or business or held
for investment, other than inventory,
accounts receivable, and notes receivable,
that secured the discharged indebtedness
immediately before the discharge.
(F) CAMT foreign tax credits.
(G) Any remaining CAMT basis of
property used in a trade or business or
held for investment, other than stock
in a foreign corporation, and inventory,
accounts receivable, notes receivable, and
real property described in § 1221(a).
(H) CAMT basis of inventory, accounts
receivable, notes receivable, and real
property used in a trade or business and
described in § 1221(a).
(I) CAMT basis of property not used in
a trade or business or not held for invest-
ment.
(iv) Timing and allocation of reduc-
tions.
(A) Reductions generally made after
determination of CAMT liability for tax-
able year. The reductions described in
section 4.03(4)(b)(iii) of this notice are
made after the determination of the ten-
tative minimum tax under § 55(b)(2)(A)
for the taxable year of the discharge of
indebtedness of the CAMT entity. For
taxable years beginning after December
31, 2019, and before January 1, 2023, the
reductions described in section 4.03(4)
(b)(iii) of this notice are made after the
determination of AFSI for the taxable
year of the discharge of indebtedness
of the CAMT entity. For any discharge
of indebtedness of a CAMT entity that
occurs in a taxable year beginning on or
before December 31, 2019, the reduc-
tions described in section 4.03(4)(b)(iii)
of this notice do not apply.
(B) CAMT basis of property. The
reductions of basis described in sections
4.03(4)(b)(iii)(A), (D), (E), (G), (H), and
(I) of this notice apply solely to prop-
erty of the CAMT entity that the CAMT
entity holds on the first day of the taxable
year following the taxable year in which
the CAMT entity excludes discharge of
indebtedness income from its AFSI. For
additional interim guidance that addresses
domestic covered asset transactions, see
section 3 of this notice.
(C) Allocation of basis reductions.
Allocations of basis reductions to prop-
erty described in section 4.03(4)(b)(iii)
(A), (D), (E), (G), (H), or (I) of this notice
are in proportion to the CAMT basis of all
property described in each such paragraph.
A CAMT entity that properly makes an
election under § 108(b)(5) for regular tax
purposes must apply the modifications of
§ 1.1017-1(c) to determine the allocation
of CAMT basis reductions to individual
items of property.
(v) Order of reductions.
(A) FSNOL carryovers. The reduc-
tions described in section 4.03(4)(b)(iii)
(B) or (C) of this notice, respectively, are
made first to any FSNOL or CFC adjust-
ment carryover arising for the taxable
year of the discharge of indebtedness of
the CAMT entity, and then to the FSNOL
carryovers or CFC adjustment carryovers
to that taxable year, in the order of the
taxable years from which each FSNOL or
CFC adjustment carryover arose, begin-
ning with the earliest such taxable year.
(B) CAMT foreign tax credits. The
reduction described in section 4.03(4)(b)
(iii)(F) of this notice is made in the order
in which the CAMT foreign tax credits
are taken into account for the taxable year
of the discharge of indebtedness of the
CAMT entity.
(5) Amount of attribute reduction.
(a) CAMT basis, FSNOLs, and CFC
adjustment carryovers. For each dollar of
AFSI that a CAMT entity excludes under
sections 4.03(1) and (2) of this notice, the
CAMT entity reduces, as appropriate—
(i) A dollar of CAMT basis;
(ii) A dollar of FSNOL; or

Bulletin No. 2025–43 539 October 20, 2025
(iii) A dollar of CFC adjustment carry-
over.
(b) CAMT basis reduction limitation.
Except as otherwise provided in section
4.03(5)(c) of this notice, the reduction in
CAMT basis may not exceed (i) the com-
bined CAMT basis of property (including
the regular tax basis in stock of a foreign
corporation) and money immediately after
the discharge, over
(ii) The aggregate amount of liabilities
reflected on the AFS of the CAMT entity
immediately after the discharge of indebt-
edness of the CAMT entity.
(c) Election under § 108(b)(5). The
limitation in section 4.03(5)(b) of this
notice does not apply if the CAMT entity
has made an election under § 108(b)(5).
(d) CAMT foreign tax credits. For
each dollar of AFSI that a CAMT entity
excludes under this section 4.03, the
CAMT entity reduces each dollar of the
CAMT entity’s CAMT foreign tax credits
by an amount equal to—
(i) One dollar of the CAMT foreign tax
credit; multiplied by
(ii) The percentage specified in § 55(b)
(2)(A)(i).
(6) Exclusion from AFSI. For purposes
of determining the AFSI of a CAMT
entity, the CAMT entity disregards the
total amount of income reflected in its
FSI resulting solely from the discharge of
indebtedness of the CAMT entity to the
extent that payment of the liability would
have given rise to a direct reduction in
AFSI.
(7) Indebtedness contributed to capital.
For purposes of determining the AFSI of a
debtor CAMT entity from the discharge of
indebtedness, if the CAMT entity acquires
its indebtedness from a shareholder as a
contribution to capital that results in an
increase in the CAMT entity’s FSI, then—
(a) The CAMT entity is treated as
having satisfied the indebtedness with an
amount of money equal to the sharehold-
er’s CAMT basis in the indebtedness;
(b) Any income from the transaction
included in FSI is disregarded in comput-
ing AFSI; and
(c) Any excess of the amount of the
indebtedness over the shareholder’s
CAMT basis increases the CAMT’s enti-
ty’s AFSI by the amount of that excess.
(8) Indebtedness satisfied by corporate
stock or partnership interest.
(a) In general. For purposes of deter-
mining the AFSI of a debtor CAMT entity
from the discharge of indebtedness, this
section 4.03(8) applies if a debtor corpo-
ration transfers stock, or if a debtor part-
nership transfers a capital or profits inter-
est in such partnership, to a creditor in
satisfaction of its recourse or nonrecourse
indebtedness.
(b) Application. If this section 4.03(8)
applies, then—
(i) The corporation or partnership is
treated as having satisfied the indebted-
ness with an amount of money equal to
the fair market value of the stock or part-
nership interest;
(ii) Any FSI from the transaction is dis-
regarded in computing AFSI; and
(iii) Any excess of the amount of the
indebtedness over the fair market value of
the stock or partnership interest increases
the debtor CAMT’s entity’s AFSI by the
amount of that excess.
(c) Taking into account partnership’s
discharge of indebtedness. For rules
regarding how CAMT entity partners take
into account a partnership’s AFSI from
the discharge of indebtedness, see section
4.05 of this notice.
(9) Coordination with proposed
§§ 1.56A-15 and 1.56A-16. Proposed
§1.56A-15(e) and 1.56A-16(e) (as appli-
cable) are applied by taking into account
any adjustments made by a CAMT entity
to the AFS basis of section 168 property
or qualified wireless spectrum under this
section 4.
(10) Examples. The following exam-
ples illustrate the application of the
interim guidance in this section 4.03. For
purposes of these examples, except as oth-
erwise provided: each entity is a domestic
corporation that uses the calendar year as
its taxable year and is not a member of
a tax consolidated group; the exclusion
in section 4.03(6) of this notice does not
apply; and each entity does not own stock
in a foreign corporation.
(a) Example 1: Debt reduction during pendency
of title 11 case.
(i) Facts. During Year 1, X enters bankruptcy
in a title 11 case. At the time X enters bankruptcy,
X’s only debts are $100x of prepetition liabilities
subject to compromise, of which X expects $85x
to be allowed as a claim. On its AFS for Year 1, X
reduces its prepetition liabilities to $85x and reports
$15x of income ($100x - $85x) from the discharge
of indebtedness. In Year 2, the court approves the
discharge of $30x of X’s $100x of prepetition lia-
bilities, with the remaining $55x paid by transfers
to X’s creditors. On its AFS for Year 2, X reports
$30x of income ($85x - $55x) from the discharge
of indebtedness.
(ii) Analysis. X’s reduction of its $100x of lia-
bilities to $85x on X’s Year 1 AFS produces a $15x
discharge of indebtedness within the meaning of that
term in section 4.02(3)(b) of this notice. Accord-
ingly, this amount is eligible for the exclusion under
section 4.03(1)(a) of this notice for Year 1. The
court’s approval of the discharge of $30x of X’s
$100x prepetition liabilities in Year 2 also produces
a $30x discharge of indebtedness within the mean-
ing of that term in section 4.02(3)(b) of this notice.
Accordingly, this amount is eligible for the exclusion
under section 4.03(1) of this notice for Year 2.
(b) Example 2: Disregarded entity in bankruptcy.
(i) Facts. Y, an LLC that is treated as a disre-
garded entity for Federal income tax purposes, is
wholly owned by X. In Year 1, Y enters bankruptcy
in a title 11 case. Y’s prepetition liabilities total
$125x, all of which are owed to unrelated third par-
ties, and Y has $10x of cash as its only asset. Once
Y files for bankruptcy in Year 1, Y no longer reports
on the same AFS as X, but Y remains a disregarded
entity for Federal income tax purposes. During Year
1, the court discharges $40x of Y’s liabilities to third
parties, and Y reports $40x of income on its Year 1
AFS from the discharge of indebtedness. X, which is
not under the jurisdiction of the court as a debtor in
Year 1, enters bankruptcy in a title 11 case in Year 2.
(ii) Analysis. Because X (Y’s regarded owner) is
not under the jurisdiction of the court in a title 11
case as a debtor when Y’s debts are discharged in
Year 1, Y’s $40x of income from the discharge of
indebtedness for Year 1 is not eligible for the bank-
ruptcy exclusion under section 4.03(1) of this notice.
See section 4.03(3)(b) of this notice.
(c) Example 3: Both Disregarded entity and its
regarded owner in bankruptcy.
(i) Facts. The facts are the same as in section
4.03(9)(b)(i) of this notice (Example 2), except
that, in Year 2, all of Y’s remaining $85x of liabil-
ities ($125x - $40x) are discharged by the court in
exchange $10x of Y’s cash, resulting in $75x of dis-
charge-of-indebtedness income reported on Y’s AFS.
(ii) Analysis. Because X (Y’s regarded owner) is
under the jurisdiction of the court in a title 11 case
when Y’s debts are discharged, the $75x of income
from the discharge of indebtedness on Y’s AFS is eli-
gible for the exclusion under section 4.03(1) of this
notice. See section 4.03(3)(b) of this notice.
(d) Example 4: Insolvent disregarded entity.
(i) Facts. The facts are the same as in section
4.03(9)(b)(i) of this notice (Example 2), except that
Y enters bankruptcy in a title 11 case in Year 2 rather
than in Year 1. Immediately before the discharge of
Y’s indebtedness in Year 2, X is insolvent (within the
meaning of § 108(d)(3)) by $15x. At that time, Y has
$10x of assets; thus, Y would be insolvent (within
the meaning of § 108(d)(3)) by $115x if Y were a
regarded entity.
(ii) Analysis. Y may exclude $15x of its $40x
of discharge-of-indebtedness income under section
4.03(2) of this notice. See section 4.02(3)(h)(i) of
this notice. The remaining $25x of income from the
discharge of indebtedness is included in Y’s AFSI
even though Y would be insolvent within the mean-

October 20, 2025 540 Bulletin No. 2025–43
ing of § 108(d)(3) by $125x if Y were a regarded
entity.
(e) Example 5: Attribute reduction.
(i) Facts. During its 2024 taxable year, X
emerges from bankruptcy in a title 11 case. As a
result of the bankruptcy reorganization, some of
X’s indebtedness is discharged. X has $850x of dis-
charge of indebtedness income for regular tax pur-
poses prior to the application of § 108(b). On X’s
AFS, X reports $1,000x of FSI from the discharge
of indebtedness. At the time of the discharge, X has
$300x of net operating losses (NOLs), $700x of
FSNOLs, and $800x of basis in its assets (includ-
ing $600x of basis in covered property and $200x
of basis in inventory) both for regular tax purposes
and for CAMT purposes. X does not make an elec-
tion under § 108(b)(5).
(ii) Application of § 108. For purposes of deter-
mining its income for regular tax purposes for the
2024 taxable year, X excludes $850x of income from
the discharge of indebtedness under § 108(a)(1)(A).
Under § 108(b), X reduces its NOLs by $300x and
the basis of its assets by $550x, of which $350x is
basis in covered property.
(iii) AFSI analysis. For purposes of determining
X’s AFSI for the 2024 taxable year, X disregards
any FSI that otherwise would result from the dis-
charge of X’s indebtedness. See section 4.03(1)(a) of
this notice. X’s CAMT attributes are reduced by an
amount equal to the amount of the exclusion of FSI
from X’s AFSI (that is, $1,000x). See section 4.03(4)
(b)(i) of this notice. X first reduces its CAMT basis
of covered property to the extent its basis is reduced
under § 108(b) for regular tax purposes, or $350x.
See sections 4.03(4)(b)(iii)(A). X then reduces X’s
FSNOLs by $650x. See sections 4.03(4)(b)(iii)(B).
X does not further reduce its basis in covered prop-
erty because X already has reduced $1,000x of attri-
butes for the $1,000x of income from the discharge
of indebtedness it has excluded. See section 4.03(4)
(b)(ii) of this notice.
(f) Example 6: Excluded income from the dis-
charge of indebtedness of insolvent taxpayer.
(i) Facts. The facts are the same as in section
4.03(9)(g)(i) of this notice (Example 6), except
that X does not emerge from bankruptcy in a title
11 case; instead, some of X’s indebtedness is dis-
charged during the 2024 taxable year. Immediately
before the discharge, X is insolvent by $850x. X
has no other items of gain or loss during the 2024
taxable year.
(ii) Application of § 108. For purposes of deter-
mining its income for regular tax purposes for the
2024 taxable year, X excludes $850x of income from
the discharge of indebtedness under § 108(a)(1)(B).
Under § 108(b), X reduces its NOLs by $300x and
the basis of its assets by $550x, of which $350x is
basis in covered property.
(iii) AFSI analysis. For purposes of determin-
ing its AFSI for the 2024 taxable year, X disregards
$850x of its $1,000x of FSI from the discharge
of its indebtedness. See section 4.03(2)(a) of this
notice. X takes the remaining $150x of FSI from
the discharge of its indebtedness into account for
purposes of computing its AFSI. See id. X then uses
its FSNOL to reduce its AFSI by $120x (i.e., 80
percent of $150x). See § 56A(d). X’s CAMT attri-
butes are reduced by an amount equal to the amount
of the exclusion of financial accounting gain from
X’s AFSI (that is, $850x). See sections 4.03(4)(b)
(i) of this notice. X first reduces its CAMT basis of
covered property to the extent its basis is reduced
under § 108(b) for regular tax purposes, or $350x.
See section 4.03(4)(b)(iii)(A) of this notice. X then
reduces its FSNOLs by $500x. See section 4.03(4)
(b)(iii)(B) of this notice.
.04 Fresh start accounting for emer-
gence from bankruptcy.
(1) Scope. This section 4.04 provides
interim guidance for determining the
CAMT consequences to a CAMT entity
resulting from an emergence from bank-
ruptcy of the CAMT entity.
(2) AFSI consequences resulting from
emergence from bankruptcy.
(a) In general. Solely with regard to the
emergence from bankruptcy of a CAMT
entity, the CAMT entity determines its
CAMT consequences resulting from that
emergence (and not from a discharge of
indebtedness or a domestic covered asset
transaction, as provided in sections 4.03
and 4.04(3)(a) of this notice, respectively)
by—
(i) Recomputing any resulting gain
or loss that is reflected in the FSI of the
CAMT entity using CAMT basis in its
assets instead of AFS basis; and
(ii) Determining the CAMT basis of
any assets (other than the regular tax basis
in the stock of a foreign corporation) of
the CAMT entity to be its AFS basis.
(b) Discharge of indebtedness. A
CAMT entity determines the CAMT con-
sequences of any discharge of indebted-
ness of the CAMT entity resulting from
the CAMT entity’s emergence from bank-
ruptcy in accordance with section 4.03 of
this notice.
(c) Domestic covered asset transac-
tions. A CAMT entity determines the
CAMT consequences of any domestic
covered asset transaction in connection
with the CAMT entity’s emergence from
bankruptcy in accordance with section
4.04(3) of this notice.
(d) Covered asset transactions. A
CAMT entity determines the CAMT con-
sequences of any covered asset transac-
tion (as defined in proposed § 1.56A-4(b)
(1)) in connection with the CAMT entity’s
emergence from bankruptcy in accordance
with proposed § 1.56A-4.
(3) AFSI consequences of title 11 cases.
(a) Domestic covered asset transac-
tions. If a CAMT entity disposes of assets
in a domestic covered asset transaction as
part of its title 11 case, the CAMT entity
determines the CAMT consequences of
the domestic covered asset transaction
with regard to the CAMT entity by apply-
ing section 3 of this notice.
(b) CAMT attribute adjustments. If
a CAMT entity is a target corporation
in a domestic covered asset transaction
described in section 3.02(1)(c) of this
notice, the CAMT entity is treated as
reducing all CAMT attributes required
by sections 4.03(4) and (5) of this notice
before the acquiror corporation would be
treated as receiving those CAMT attri-
butes in the domestic covered asset trans-
action.
(4) Discharge of indebtedness. A
CAMT entity described in section 4.04(3)
of this notice determines the CAMT con-
sequences of any discharge of indebted-
ness of the CAMT entity resulting from
the CAMT entity’s emergence from bank-
ruptcy in accordance with section 4.03 of
this notice.
(5) Disregarded entities. For purposes
of applying this section 4.04 to a disre-
garded entity, the disregarded entity is
not considered to be the “taxpayer” as
that term is used in § 108. Instead, for
purposes of this section 4.04, the CAMT
entity owner of the disregarded entity is
the “taxpayer.” See section 4.03(3) of this
notice and § 1.108-9.
(6) Examples. The following examples
illustrate the application of the interim
guidance in this section 4.04.
(a) Example 1: Bankruptcy emergence in a
domestic covered asset transaction.
(i) Facts. X is a domestic corporation that uses
the calendar year as its taxable year and is not a
member of a tax consolidated group. During its
2024 taxable year, X emerges from bankruptcy in
a domestic covered asset transaction. In connection
with the transaction in which X emerges from bank-
ruptcy, X reports $90x of gain on its AFS when it
increases the AFS basis of its assets from $40x to
their fair value of $130x at the time it emerges from
bankruptcy.
(ii) Analysis. For purposes of determining its
AFSI for the 2024 taxable year, X does not take into
account the $90x of FSI resulting from the increase
in the AFS basis of its assets. See section 3.03(2) of
this notice. X does not make any adjustments to the
CAMT basis of its assets resulting from X’s emer-
gence from bankruptcy. Accordingly, X’s CAMT
basis in its assets remains at $40x. See section
3.04(1)(c)(i) of this notice.
(b) Example 2: Bankruptcy emergence in a trans-
action that is not a domestic covered asset transac-
tion.

Bulletin No. 2025–43 541 October 20, 2025
(i) Facts. The facts are the same as in section
4.04(6)(a)(i) of this notice (Example 1), except that
X emerges from bankruptcy in a transaction that is
not a domestic covered asset transaction.
(ii) Analysis. X includes in its AFSI the $90x
of gain reported on its AFS when X emerged from
bankruptcy, and increases the AFS basis of its assets
from $40x to their fair value of $130x.
.05 Application to investments in part-
nerships.
(1) Scope. This section 4.05 provides
interim guidance for applying section 4
of this notice to a CAMT entity that is a
partner in a partnership if the partnership
recognizes discharge of indebtedness
income.
(2) Discharge of indebtedness income
of a partnership.
(a) Calculation of partnership’s AFSI.
Any discharge of indebtedness income
reflected in a partnership’s FSI is disre-
garded for purposes of determining the
partnership’s AFSI, and is instead taken
into account by the CAMT entities that
are partners in the partnership in accor-
dance with sections 4.05(2)(b) and (c) of
this notice.
(b) Exclusion from AFSI and attribute
reduction at the partner level.
(i) In general. Subject to section
4.05(3) of this notice, the AFSI exclusions
provided in sections 4.03(1) and (2) of
this notice, and any resulting CAMT attri-
bute reductions (as provided in sections
4.03(4) and (5) of this notice), are applied
at the partner level in the same manner as
the rules in § 108(a) and (b) are applied at
the partner level for regular tax purposes.
See § 108(d)(6) and § 1.108-9(b).
(ii) Covered property. For purposes of
applying the CAMT attribute reduction
interim guidance under sections 4.03(4)
and (5) of this notice at the partner level,
a CAMT entity partner treats its partner-
ship investment as covered property to
the extent the basis of covered property
held by the partnership is reduced by
the partnership for regular tax purposes
under § 1.1017-1(g)(2). In addition, if a
CAMT entity partner treats its partner-
ship investment as covered property under
the immediately preceding sentence, the
basis adjustment rules under § 1.1017-
1(g)(2) with respect to covered property
held by the partnership apply for purposes
of determining the CAMT entity’s dis-
tributive share amount under proposed
§ 1.56A-5.
(c) Discharge of indebtedness income
separately stated to partners. Discharge
of indebtedness income reflected in a
partnership’s FSI is separately stated to
the partners in accordance with their dis-
tributive share percentages for the taxable
year in which the income is reflected in
the partnership’s FSI. See also proposed
§ 1.56A-5(e)(4)(iii).
(3) Inclusion of partnership liabili-
ties for purposes of determining insol-
vency. In applying section 4.05(2) of this
notice, a CAMT entity that is a partner
in a partnership includes its share of the
partnership’s liabilities under § 752 in
determining whether it is insolvent in the
same manner as its share of partnership
liabilities would be included for regular
tax purposes.
.06 Federal financial assistance.
(1) In general. AFSI does not include
any financial accounting gain attributable
to FFA any earlier than when the gain is
included in gross income for purposes of
§ 597 and the regulations under § 597.
(2) Example. The following example
illustrates the application of the interim
guidance in this section 4.06.
(i) Facts. X is an Institution, as defined in
§ 1.597-1(b), that uses the calendar year as its tax-
able year. On July 1, 2024, X acquires assets and
assumes liabilities of an unrelated Institution under
Agency Receivership, as defined in § 1.597-1(b), in
a Taxable Transfer, as defined in § 1.597-5(a)(1)(i)
(A), in exchange for an up-front payment from an
Agency, as defined in § 1.597-1(b). The contractual
terms of the acquisition by X involve a transfer of
assets to X that gives rise to $10,000x of FSI that is
attributable to FFA. Applicable financial account-
ing principles require X to include this $10,000x in
FSI in 2024. Pursuant to § 597 and the regulations
under § 597, the gain is not recognized for regu-
lar tax purposes in 2024. As a result of subsequent
events, X includes $2,000x of gain attributable to
that FFA in gross income for regular tax purposes
in 2025.
(ii) Analysis. Under section 4.06(1) of this
notice, X does not include the $10,000x of FSI in
AFSI in 2024. Under section 4.06(1) of this notice, X
includes FSI of $2,000x in AFSI in 2025.
.07 Cross-references. See section 3 of
this notice for interim guidance for deter-
mining the CAMT consequences resulting
from (i) the disposition of any property by
a CAMT entity during the pendency of a
title 11 case or while the CAMT entity is
insolvent, or (ii) acquisitive reorganiza-
tions and “section 355 transactions” (as
defined in proposed § 1.56A-18(b)(28)).
See section 5 of this notice for interim
guidance applicable to members of a tax
consolidated group.
SECTION 5. TAX CONSOLIDATED
GROUPS
.01 Purpose. The Treasury Department
and the IRS anticipate that the forthcom-
ing proposed regulations will revise pro-
posed § 1.1502-56A consistent with the
interim guidance provided in this section
5 to allow a consolidated group to deter-
mine its AFSI by more closely following
the consolidated return regulations, which
is intended to reduce compliance burdens
and costs associated with applying the
rules of proposed § 1.1502-56A.
.02 Definitions. The definitions pro-
vided in this section 5.02 and section 3.02
of this notice and in § 1.1502-1 apply for
purposes of this section 5.
(1) Tax consolidated group. The term
“tax consolidated group” has the meaning
given the term “consolidated group” in
§ 1.1502-1(h).
(2) Life-nonlife groups. For purposes
of the CAMT Proposed Regulations and
this notice, a group may apply the defi-
nition in section 5.02(1) of this notice
without regard to the five-taxable-year
limitation in § 1504(c)(2)(A) to determine
the CAMT entities that are members of
a tax consolidated group, provided that
the group makes that determination con-
sistently for purposes of all provisions
in the CAMT Proposed Regulations and
this notice that apply to tax consolidated
groups.
.03 Determination of AFSI of tax con-
solidated groups.
(1) In general. Except as provided in
sections 5.03(3) and (4) of this notice,
the consolidated return regulations apply
to the determination of the AFSI of a tax
consolidated group, with the modifica-
tions provided in section 5.03(2) of this
notice.
(2) Modifications to consolidated
return regulations. When applying the
consolidated return regulations to the
determination of AFSI, the following sub-
stitutions apply:
(a) AFSI in place of taxable income.
(b) CAMT basis in place of adjusted
basis.
(c) FSNOLs in place of NOLs.

October 20, 2025 542 Bulletin No. 2025–43
(3) Exceptions. The following provi-
sions of the consolidated return regula-
tions do not apply to the determination of
the AFSI of a tax consolidated group:
(a) The separate return limitation year
(SRLY) rules in §§ 1.1502-15 and 1.1502-
21(c).
(b) The § 382 rules in §§ 1.1502-90
through 1.1502-99.
(c) Any rule that is inapplicable under
§ 56A (for example, the rules for capital
gain and loss in § 1.1502-22).
(4) Certain rules regarding foreign
attributes. The rules in proposed § 1.1502-
56A(h) (concerning consolidated CFC
adjustment carryovers) and proposed
§ 1.1502-56A(i) (concerning consolidated
unused CFC taxes)) are incorporated into
the interim guidance provided in this sec-
tion 5.
SECTION 6. LIMITATIONS ON
ACQUIRED FSNOLS AND CERTAIN
BUILT-IN ITEMS
.01 Purpose. The Treasury Department
and the IRS anticipate that the forthcom-
ing proposed regulations will revise pro-
posed § 1.56A-23 consistent with the
interim guidance provided in section 6.02
of this notice for determining the amount
of FSNOLs that are available to reduce
AFSI, which is intended to reduce com-
pliance burdens and costs associated with
applying proposed § 1.56A-23 in response
to comments.
.02 Adjustments to AFSI. In com-
puting the amount of FSNOLs that are
available to reduce AFSI, a CAMT entity
need not apply the limitations in proposed
§ 1.56A-23(e) and (f).
SECTION 7. APPLICABILITY
DATES
It is anticipated that the forthcom-
ing proposed regulations will provide
that rules consistent with the guidance
provided in sections 3 through 6 of this
notice will apply for taxable years begin-
ning on or after the date final regulations
addressing §§ 56A(c)(2)(B), 56A(c)(2)
(C), 56A(c)(15)(B), and 56A(e) are pub-
lished in the Federal Register. For tax-
able years beginning before the date on
which forthcoming proposed regulations
are published in the Federal Register, or
other guidance modifying this section 7
is published in the Internal Revenue Bul-
letin, taxpayers may rely on the guidance
provided in sections 3 through 6 of this
notice, including for purposes of filing
amended returns. A taxpayer’s reliance on
any of the guidance provided in sections 3
through 6 of this notice for a taxable year
will not cause the corporation to become
subject to, or to violate, the reliance rules,
including the consistency requirements,
provided in the preamble of the CAMT
Proposed Regulations for such taxable
year.
SECTION 8. DRAFTING AND
CONTACT INFORMATION
The principal authors of this notice
are William W. Burhop, Alana V. Dagher,
and John B. Lovelace, each of the Office
of the Associate Chief Counsel (Corpo-
rate). Other personnel from the Treasury
Department and the IRS participated in
its development. For further information
regarding this notice, please contact Wil-
liam W. Burhop at (202) 317-5363, Alana
V. Dagher at (202) 317-5024, or John B.
Lovelace at (202) 317-5363 (not toll-free
numbers).
Substantial Improvement of
Property in Rural Areas
Notice 2025-50
SECTION 1. PURPOSE
This notice provides guidance to tax-
payers applying the substantial improve-
ment provision of § 1400Z-2(d)(2)(D)(ii)
of the Internal Revenue Code (Code),
1
as
amended by § 70421(c)(4)(C) of Public
Law 119-21, 139 Stat. 72, 227 (July 4,
2025), commonly known as the One, Big,
Beautiful Bill Act (OBBBA), for certain
improvements to property located in a
qualified opportunity zone (QOZ) listed
in Notice 2018-48, 2018-28 I.R.B. 9, or
Notice 2019-42, 2019-29 I.R.B. 352, that
is comprised entirely of a “rural area.”
This notice does not provide any guid-
ance regarding the forthcoming round
of opportunity zone nominations, certifi-
cations, and designations authorized by
the OBBBA, which the Department of
the Treasury (Treasury Department) and
the Internal Revenue Service (IRS) will
address in the future.
SECTION 2. BACKGROUND
.01 Qualified Opportunity Zones under
the TCJA
Section 13823 of Public Law 115-
97, 131 Stat. 2054, 2183 (December 22,
2017), commonly known as the Tax Cuts
and Jobs Act (TCJA), amended the Code
by adding §§ 1400Z-1 and 1400Z-2.
Section 1400Z-1 outlines the process by
which a population census tract located in
the 50 States, the District of Columbia, or
the U.S. territories that is a low-income
community is nominated to be a QOZ by
the chief executive officer of a State, the
District of Columbia, or a territory, and
then certified and designated as a QOZ
by the Secretary of the Treasury or the
Secretary’s delegate (Secretary). Revenue
Procedure 2018-16, 2018-9 I.R.B. 383,
provided guidance on the nomination pro-
cess.
Notice 2018-48 and Notice 2019-42
list census tracts that were nominated in
2018, which the Secretary certified and
designated as QOZs (2018 QOZs). The
2018 QOZs were based on census tracts
and boundaries based on the 2010 Decen-
nial Census. No census tract has been des-
ignated as a QOZ since the designations of
the 2018 QOZs.
Under § 1400Z-2(d)(1), the term
“qualified opportunity fund” (QOF)
means any investment vehicle orga-
nized as a corporation or a partnership
for the purpose of investing in “quali-
fied opportunity zone property” (QOZP)
that holds at least 90 percent of its assets
in QOZP. Pursuant to § 1400Z-2(d)(2)
(A)(iii), QOZP includes, among other
things, “qualified opportunity zone busi-
ness property” (QOZBP).
1
Unless otherwise specified, all “section” or “§” references are to sections of the Code.

Bulletin No. 2025–43 543 October 20, 2025
.02 Substantial Improvement of Prop-
erty Generally
Under § 1400Z-2(d)(2)(A) and (D)
(i)-(ii), if leased or owned tangible prop-
erty is used in the trade or business of an
eligible entity (that is, a QOF or a quali-
fied opportunity zone business as defined
in § 1400Z-2(d)(3)), then the property
may qualify as QOZBP only if, among
other requirements, the original use of the
tangible property in the 2018 QOZ began
with that eligible entity or that eligible
entity substantially improves the prop-
erty. Such tangible property is treated as
substantially improved only if, during any
30-month period following the acquisition
of the property (30-month period), addi-
tions to the basis of the tangible property
in the hands of the eligible entity exceed
an amount equal to 100 percent of the eli-
gible entity’s adjusted basis in the tangible
property at the beginning of the 30-month
period. See section 2.03 of this notice
regarding the substantial improvement
of property in a 2018 QOZ comprised
entirely of a rural area.
.03 Substantial Improvement of Prop-
erty in QOZ Comprised Entirely of a
Rural Area
Section 70421(c)(4)(C) of the OBBBA
amended § 1400Z-2(d)(2)(D)(ii) to mod-
ify the general substantial improvement
threshold for improvements to property
located in a QOZ that is comprised entirely
of a rural area. The OBBBA amendment
reduced the substantial improvement
threshold for required additions to the
basis for such property from 100 percent
to 50 percent. This OBBBA amendment
took effect on July 4, 2025.
.04 Definition of Rural Area
Section 70421(c)(2) of the OBBBA
codifies a definition of “rural area” in
§ 1400Z-2(b)(2)(C)(ii) applicable to
amounts invested in QOFs after Decem-
ber 31, 2026. Under such definition, a
“rural area” is defined as “any area other
than—(I) a city or town that has a popu-
lation of greater than 50,000 inhabitants,
and (II) any urbanized area contiguous
and adjacent to a city or town described
in subclause (I).” This definition is the
same as the one provided by § 343(a)
(13)(A) of the Consolidated Farm and
Rural Development Act of 1961 (Con
Act), Public Law 87-128, 75 Stat. 294,
as subsequently amended, codified at 7
U.S.C. 1991(a)(13)(A), and used by the
United States Department of Agriculture
(USDA) in its application of programs
across the Rural Development Mis-
sion Area, including the Rural Business
Cooperative Service.
For the 2010 Decennial Census, the
Bureau of the Census (Census Bureau)
classified “urban areas” as either “urban
clusters” or “urbanized areas.” Urban
clusters were urban areas with at least
2,500 people but fewer than 50,000 peo-
ple, and urbanized areas were urban areas
with 50,000 or more people.
2
For the 2020
Decennial Census, the Census Bureau
changed its classification criteria of urban
areas. As part of this change, urban areas
are now based on a minimum threshold
of 2,000 housing units or 5,000 people.
Moreover, the Census Bureau stopped
distinguishing urban areas between those
that are “urban clusters” and those that
are “urbanized areas.” Instead, the 2020
Decennial Census designates only “urban
areas.”
3

Prior to the Census Bureau’s 2020
change in methodology, the USDA relied
on 2010 Decennial Census data and defi-
nitions to identify urbanized areas for
programs that referenced urbanized areas.
Following the 2020 Decennial Census and
the change in the definition of rural and
urban, Census Bureau data, as previously
described, no longer provides whether a
specific area is an “urbanized area.”
4
In
2023, the USDA determined that because
it is obligated by statute to use the most
recent Decennial Census data for certain
programs, and the Census Bureau no
longer identifies urbanized areas, the use
of 2010 Decennial Census data by the
USDA would be contrary to congressio-
nal instruction to use the most recent data
contained in statutes administered by the
USDA that incorporate population-based
definitions of “rural.” Accordingly, the
USDA has adopted the methodology of
the 2020 Decennial Census for its rural
development programs.
While the definition of rural area in
§ 1400Z-2(b)(2)(C)(ii), as enacted by the
OBBBA, is the same as that of the Con
Act and 7 U.S.C. 1991(a)(13)(A), the
OBBBA definition does not include the
additional statutory provisions for defin-
ing a rural area that are found in 7 U.S.C.
1991(a)(13)(D) through (I). Hence, the
methodology this notice applies for
determining a rural area for purposes of
§ 1400Z-2(b)(2)(C)(ii) is broadly similar
to the methodology used by the USDA
for its rural development programs, but
does not correspond in all respects to the
additional details provided in 7 U.S.C.
1991(a)(13).
SECTION 3. SCOPE
This notice applies to all tangible prop-
erty located in a 2018 QOZ that is com-
prised entirely of a rural area (as defined
in section 4 of this notice) that has been,
or is in the process of being, substantially
improved (as described in section 5 of this
notice). The Treasury Department and the
IRS have determined that there are 3,309
2018 QOZs that are comprised entirely
of a rural area based on 2020 Decennial
Census data. See the Appendix for a list of
these 2018 QOZs.
SECTION 4. MEANING OF “RURAL
AREA” FOR 2018 QOZS
For purposes of applying the substan-
tial improvement test of § 1400Z-2(d)(2)
(D)(ii) with respect to 2018 QOZs:
.01 A “rural area” is any area other
than—
(1) A city or town that has a popula-
tion of greater than 50,000 inhabitants (as
defined in section 4.02 of this notice), and
(2) Any urbanized area (as defined in
section 4.03 of this notice) contiguous and
adjacent (as defined in section 4.04 of this
notice) to a city or town described in sec-
tion 4.01(1) of this notice.
.02 A “city or town that has population
greater than 50,000 inhabitants” is deter-
mined, other than for the State of Hawaii
and Commonwealth of Puerto Rico, as an
incorporated city and town with a resident
2
See “Urban Area Criteria for the 2010 Census,” 76 FR 53030 (August 24, 2011).
3
See “Urban Area Criteria for the 2020 Census-Final Criteria,” 87 FR 16706 (March 24, 2022).
4
Id. at 16715.

October 20, 2025 544 Bulletin No. 2025–43
population greater than 50,000 in the 2020
Decennial Census. For the State of Hawaii
and Commonwealth of Puerto Rico, a
“city or town that has a population greater
than 50,000 inhabitants” is determined as
a Census Designated Place with a resident
population greater than 50,000 in the 2020
Decennial Census.
.03 An “urbanized area” means any
Census-Bureau-designated urban area.
.04 “Contiguous” and “adjacent” are
geographic terms referring to two or more
areas that share either a common bound-
ary or at least one common point.
5
SECTION 5. APPLICATION
For any determination made on or
after July 4, 2025, as to whether any
tangible property located in a 2018
QOZ comprised entirely of a rural area
meets the substantial improvement
test described in § 1400Z-2(d)(2)(D)
(ii), the substantial improvement test is
satisfied if the additions to basis with
respect to such property in the hands
of the QOF or a qualified opportunity
zone business exceed an amount equal
to 50 percent of the adjusted basis of
such property at the beginning of the
30-month period described in § 1400Z-
2(d)(2)(D)(ii).
SECTION 6. DRAFTING
INFORMATION
The principal author of this notice
is Maria Castillo Valle of the Office of
Associate Chief Counsel (Income Tax
& Accounting). For further information
regarding this notice contact Ms. Castillo
Valle at (202) 317-7006 (not a toll-free
call).
5
See Urban Area Criteria for the 2010 Census, 76 FR 53030 (August 24, 2011).

Bulletin No. 2025–43 545 October 20, 2025
APPENDIX
StateCountyCensus Tract NumberTract Type
AlabamaAutauga01001020700Low-Income Community
AlabamaBaldwin01003011501Non-LIC Contiguous
AlabamaBaldwin01003011502Low-Income Community
AlabamaBaldwin01003010200Low-Income Community
AlabamaBaldwin01003010400Non-LIC Contiguous
AlabamaBaldwin01003010600Low-Income Community
AlabamaBaldwin01003010500Low-Income Community
AlabamaBarbour01005950100Low-Income Community
AlabamaBibb01007010002Low-Income Community
AlabamaBlount01009050500Low-Income Community
AlabamaBullock01011952200Low-Income Community
AlabamaButler01013952800Low-Income Community
AlabamaCalhoun01015002101Low-Income Community
AlabamaCalhoun01015000700Low-Income Community
AlabamaCalhoun01015000800Low-Income Community
AlabamaChambers01017954300Low-Income Community
AlabamaCherokee01019955900Low-Income Community
AlabamaChilton01021060102Low-Income Community
AlabamaChoctaw01023956800Low-Income Community
AlabamaClarke01025957902Low-Income Community
AlabamaClay01027959000Low-Income Community
AlabamaCleburne01029959600Low-Income Community
AlabamaCoffee01031010900Low-Income Community
AlabamaColbert01033020200Low-Income Community
AlabamaConecuh01035960400Low-Income Community
AlabamaCoosa01037961000Low-Income Community
AlabamaCovington01039962700Low-Income Community
AlabamaCovington01039962000Low-Income Community
AlabamaCrenshaw01041963700Low-Income Community
AlabamaCullman01043965000Low-Income Community
AlabamaCullman01043964800Low-Income Community
AlabamaDale01045020700Low-Income Community
AlabamaDallas01047956500Low-Income Community
AlabamaDeKalb01049960900Low-Income Community
AlabamaElmore01051031000Low-Income Community
AlabamaElmore01051031300Low-Income Community
AlabamaEscambia01053970400Low-Income Community
AlabamaEtowah01055001200Low-Income Community
AlabamaFayette01057020300Low-Income Community
AlabamaFranklin01059973700Low-Income Community
AlabamaGeneva01061050300Low-Income Community

October 20, 2025 546 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
AlabamaGreene01063060200Low-Income Community
AlabamaHale01065040400Low-Income Community
AlabamaHenry01067030200Low-Income Community
AlabamaJackson01071950600Low-Income Community
AlabamaLamar01075030100Low-Income Community
AlabamaLauderdale01077010900Low-Income Community
AlabamaLauderdale01077010100Low-Income Community
AlabamaLawrence01079979100Low-Income Community
AlabamaLimestone01083020201Low-Income Community
AlabamaLimestone01083020700Low-Income Community
AlabamaLimestone01083020600Low-Income Community
AlabamaLowndes01085780800Low-Income Community
AlabamaMacon01087231603Low-Income Community
AlabamaMacon01087232200Low-Income Community
AlabamaMacon01087231500Low-Income Community
AlabamaMarengo01091972900Low-Income Community
AlabamaMarion01093964400Low-Income Community
AlabamaMarion01093964500Non-LIC Contiguous
AlabamaMarshall01095030100Low-Income Community
AlabamaMonroe01099076000Low-Income Community
AlabamaPerry01105687000Low-Income Community
AlabamaPickens01107050100Low-Income Community
AlabamaPike01109189100Low-Income Community
AlabamaRandolph01111000500Low-Income Community
AlabamaShelby01117030703Low-Income Community
AlabamaSt. Clair01115040203Low-Income Community
AlabamaSumter01119011300Low-Income Community
AlabamaTalladega01121010900Low-Income Community
AlabamaTallapoosa01123962300Low-Income Community
AlabamaWalker01127020400Low-Income Community
AlabamaWashington01129044200Low-Income Community
AlabamaWilcox01131035100Low-Income Community
AlabamaWinston01133965700Low-Income Community
AlaskaAleutians East02013000100Low-Income Community
AlaskaAleutians West02016000100Low-Income Community
AlaskaBethel02050000300Low-Income Community
AlaskaFairbanks North Star02090000200Low-Income Community
AlaskaFairbanks North Star02090001100Low-Income Community
AlaskaFairbanks North Star02090000100Low-Income Community
AlaskaHaines02100000100Low-Income Community
AlaskaHoonah-Angoon02105000300Low-Income Community
AlaskaKenai Peninsula02122000100Low-Income Community

Bulletin No. 2025–43 547 October 20, 2025
StateCountyCensus Tract NumberTract Type
AlaskaMatanuska-Susitna02170000701Low-Income Community
AlaskaMatanuska-Susitna02170000401Low-Income Community
AlaskaNome02180000100Low-Income Community
AlaskaNorth Slope02185000200Low-Income Community
AlaskaNorthwest Arctic02188000100Low-Income Community
AlaskaPrince of Wales-Hyder02198940100Low-Income Community
AlaskaPrince of Wales-Hyder02198000100Low-Income Community
AlaskaWrangell02275000300Low-Income Community
AlaskaYukon-Koyukuk02290000200Low-Income Community
American SamoaEastern60010950500Low-Income Community
American SamoaEastern60010950600Low-Income Community
American SamoaEastern60010950900Low-Income Community
American SamoaEastern60010950700Low-Income Community
American SamoaEastern60010950200Low-Income Community
American SamoaEastern60010950100Low-Income Community
American SamoaEastern60010950300Low-Income Community
American SamoaManu’a60020951800Low-Income Community
American SamoaWestern60050951100Low-Income Community
American SamoaWestern60050951201Low-Income Community
American SamoaWestern60050951203Low-Income Community
American SamoaWestern60050951202Low-Income Community
American SamoaWestern60050951000Low-Income Community
American SamoaWestern60050951500Low-Income Community
American SamoaWestern60050951300Low-Income Community
American SamoaWestern60050951600Low-Income Community
ArizonaApache04001970502Non-LIC Contiguous
ArizonaApache04001970200Low-Income Community
ArizonaApache04001945100Low-Income Community
ArizonaCochise04003001702Low-Income Community
ArizonaCochise04003001100Low-Income Community
ArizonaCochise04003000600Low-Income Community
ArizonaCochise04003000301Low-Income Community
ArizonaCoconino04005942202Low-Income Community
ArizonaCoconino04005945000Low-Income Community
ArizonaCoconino04005945100Low-Income Community
ArizonaCoconino04005002300Low-Income Community
ArizonaCoconino04005945200Low-Income Community
ArizonaGila04007940400Low-Income Community
ArizonaGila04007001100Low-Income Community
ArizonaGila04007000900Low-Income Community
ArizonaGraham04009961201Low-Income Community
ArizonaGreenlee04011960300Low-Income Community

October 20, 2025 548 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
ArizonaGreenlee04011960100Non-LIC Contiguous
ArizonaLa Paz04012940300Low-Income Community
ArizonaLa Paz04012020100Low-Income Community
ArizonaMaricopa04013723305Low-Income Community
ArizonaMaricopa04013040502Low-Income Community
ArizonaMohave04015955000Low-Income Community
ArizonaMohave04015951900Low-Income Community
ArizonaMohave04015951602Low-Income Community
ArizonaMohave04015953900Non-LIC Contiguous
ArizonaMohave04015954800Low-Income Community
ArizonaMohave04015940400Low-Income Community
ArizonaNavajo04017965300Low-Income Community
ArizonaNavajo04017963300Low-Income Community
ArizonaNavajo04017960500Low-Income Community
ArizonaPinal04021002103Low-Income Community
ArizonaPinal04021002300Non-LIC Contiguous
ArizonaPinal04021001000Low-Income Community
ArizonaPinal04021000700Low-Income Community
ArizonaPinal04021000901Low-Income Community
ArizonaPinal04021000400Low-Income Community
ArizonaSanta Cruz04023966402Low-Income Community
ArizonaSanta Cruz04023966302Low-Income Community
ArizonaYavapai04025002100Low-Income Community
ArizonaYavapai04025001601Low-Income Community
ArizonaYavapai04025000900Low-Income Community
ArizonaYavapai04025000606Low-Income Community
ArizonaYuma04027011501Low-Income Community
ArizonaYuma04027012100Low-Income Community
ArizonaYuma04027011600Low-Income Community
ArizonaYuma04027011403Low-Income Community
ArizonaYuma04027011202Low-Income Community
ArkansasArkansas05001480400Low-Income Community
ArkansasAshley05003960600Low-Income Community
ArkansasBenton05007021101Low-Income Community
ArkansasBoone05009790501Low-Income Community
ArkansasBradley05011950300Low-Income Community
ArkansasCarroll05015950300Low-Income Community
ArkansasChicot05017080300Low-Income Community
ArkansasClark05019953900Low-Income Community
ArkansasCleburne05023480300Low-Income Community
ArkansasColumbia05027950200Low-Income Community
ArkansasConway05029950300Low-Income Community

Bulletin No. 2025–43 549 October 20, 2025
StateCountyCensus Tract NumberTract Type
ArkansasCrittenden05035030703Low-Income Community
ArkansasDallas05039970300Low-Income Community
ArkansasDesha05041950200Low-Income Community
ArkansasDesha05041950100Low-Income Community
ArkansasDrew05043490300Low-Income Community
ArkansasDrew05043490400Low-Income Community
ArkansasFranklin05047950200Low-Income Community
ArkansasGarland05051011500Low-Income Community
ArkansasGarland05051010800Low-Income Community
ArkansasGarland05051010700Low-Income Community
ArkansasGrant05053470300Low-Income Community
ArkansasGreene05055480700Low-Income Community
ArkansasGreene05055480500Low-Income Community
ArkansasHempstead05057480300Low-Income Community
ArkansasHot Spring05059020200Low-Income Community
ArkansasHoward05061950300Low-Income Community
ArkansasIndependence05063490200Low-Income Community
ArkansasIndependence05063490600Low-Income Community
ArkansasJackson05067480400Low-Income Community
ArkansasJefferson05069000502Low-Income Community
ArkansasJefferson05069001000Low-Income Community
ArkansasJefferson05069002400Non-LIC Contiguous
ArkansasJefferson05069002500Low-Income Community
ArkansasJohnson05071952000Low-Income Community
ArkansasLafayette05073470100Low-Income Community
ArkansasLawrence05075470100Low-Income Community
ArkansasLittle River05081030102Low-Income Community
ArkansasLogan05083950500Low-Income Community
ArkansasMarion05089960202Low-Income Community
ArkansasMiller05091020500Low-Income Community
ArkansasMississippi05093010700Non-LIC Contiguous
ArkansasMississippi05093010800Low-Income Community
ArkansasMississippi05093011100Low-Income Community
ArkansasNevada05099090200Low-Income Community
ArkansasOuachita05103950600Low-Income Community
ArkansasOuachita05103950200Low-Income Community
ArkansasPhillips05107480600Low-Income Community
ArkansasPhillips05107480400Low-Income Community
ArkansasPolk05113950400Low-Income Community
ArkansasPope05115951600Low-Income Community
ArkansasPope05115951300Low-Income Community
ArkansasSevier05133080300Low-Income Community

October 20, 2025 550 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
ArkansasSt. Francis05123960400Low-Income Community
ArkansasSt. Francis05123960600Low-Income Community
ArkansasUnion05139950900Low-Income Community
ArkansasUnion05139951000Low-Income Community
ArkansasVan Buren05141460200Low-Income Community
ArkansasWhite05145070800Low-Income Community
CaliforniaAlpine06003010000Non-LIC Contiguous
CaliforniaAmador06005000102Low-Income Community
CaliforniaButte06007003002Low-Income Community
CaliforniaButte06007003001Low-Income Community
CaliforniaButte06007002800Low-Income Community
CaliforniaCalaveras06009000400Low-Income Community
CaliforniaColusa06011000300Low-Income Community
CaliforniaColusa06011000500Low-Income Community
CaliforniaDel Norte06015000102Low-Income Community
CaliforniaDel Norte06015000101Low-Income Community
CaliforniaEl Dorado06017031600Low-Income Community
CaliforniaEl Dorado06017031900Low-Income Community
CaliforniaEl Dorado06017030302Low-Income Community
CaliforniaFresno06019006501Low-Income Community
CaliforniaFresno06019006602Low-Income Community
CaliforniaFresno06019006202Low-Income Community
CaliforniaFresno06019006201Low-Income Community
CaliforniaFresno06019008501Low-Income Community
CaliforniaFresno06019008200Low-Income Community
CaliforniaFresno06019008302Low-Income Community
CaliforniaFresno06019007802Low-Income Community
CaliforniaGlenn06021010100Low-Income Community
CaliforniaGlenn06021010200Low-Income Community
CaliforniaHumboldt06023000300Low-Income Community
CaliforniaHumboldt06023000500Low-Income Community
CaliforniaHumboldt06023010501Low-Income Community
CaliforniaHumboldt06023010102Low-Income Community
CaliforniaHumboldt06023001300Low-Income Community
CaliforniaHumboldt06023940000Low-Income Community
CaliforniaHumboldt06023000100Low-Income Community
CaliforniaImperial06025012100Low-Income Community
CaliforniaImperial06025011900Low-Income Community
CaliforniaImperial06025012200Low-Income Community
CaliforniaImperial06025011400Low-Income Community
CaliforniaImperial06025011300Low-Income Community
CaliforniaImperial06025010900Low-Income Community

Bulletin No. 2025–43 551 October 20, 2025
StateCountyCensus Tract NumberTract Type
CaliforniaImperial06025010400Low-Income Community
CaliforniaInyo06027000400Low-Income Community
CaliforniaInyo06027000800Low-Income Community
CaliforniaKern06029003303Low-Income Community
CaliforniaKern06029006303Low-Income Community
CaliforniaKern06029005300Low-Income Community
CaliforniaKern06029006401Low-Income Community
CaliforniaKern06029006304Low-Income Community
CaliforniaKern06029004701Low-Income Community
CaliforniaKern06029003500Low-Income Community
CaliforniaKern06029004402Low-Income Community
CaliforniaKern06029004401Low-Income Community
CaliforniaKern06029004101Low-Income Community
CaliforniaKern06029005900Low-Income Community
CaliforniaKern06029006100Low-Income Community
CaliforniaKern06029005600Low-Income Community
CaliforniaKern06029005802Low-Income Community
CaliforniaKern06029005507Low-Income Community
CaliforniaKings06031001601Low-Income Community
CaliforniaKings06031001701Low-Income Community
CaliforniaKings06031001300Low-Income Community
CaliforniaKings06031001402Low-Income Community
CaliforniaLake06033000801Low-Income Community
CaliforniaLake06033000802Low-Income Community
CaliforniaLake06033000702Low-Income Community
CaliforniaLassen06035040303Low-Income Community
CaliforniaLassen06035040304Low-Income Community
CaliforniaMadera06039000202Non-LIC Contiguous
CaliforniaMadera06039000103Low-Income Community
CaliforniaMariposa06043000102Low-Income Community
CaliforniaMariposa06043000101Low-Income Community
CaliforniaMendocino06045010100Low-Income Community
CaliforniaMendocino06045011300Low-Income Community
CaliforniaMendocino06045011500Low-Income Community
CaliforniaMerced06047002201Low-Income Community
CaliforniaMerced06047000602Low-Income Community
CaliforniaMerced06047000603Low-Income Community
CaliforniaMerced06047000503Low-Income Community
CaliforniaModoc06049000100Low-Income Community
CaliforniaModoc06049000300Low-Income Community
CaliforniaMonterey06053011302Low-Income Community
CaliforniaMonterey06053014102Low-Income Community

October 20, 2025 552 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
CaliforniaMonterey06053013700Low-Income Community
CaliforniaMonterey06053013500Low-Income Community
CaliforniaNevada06057000900Low-Income Community
CaliforniaNevada06057000600Low-Income Community
CaliforniaPlacer06061021603Low-Income Community
CaliforniaPlacer06061020401Low-Income Community
CaliforniaPlumas06063000202Low-Income Community
CaliforniaPlumas06063000400Low-Income Community
CaliforniaRiverside06065044507Low-Income Community
CaliforniaRiverside06065044509Low-Income Community
CaliforniaRiverside06065044510Low-Income Community
CaliforniaRiverside06065045604Low-Income Community
CaliforniaRiverside06065046102Low-Income Community
CaliforniaRiverside06065046200Low-Income Community
CaliforniaSacramento06067009800Low-Income Community
CaliforniaSan Benito06069000701Low-Income Community
CaliforniaSan Benito06069000200Low-Income Community
CaliforniaSan Bernardino06071010700Low-Income Community
CaliforniaSan Bernardino06071010423Low-Income Community
CaliforniaSan Bernardino06071009500Low-Income Community
CaliforniaSan Bernardino06071009400Low-Income Community
CaliforniaSan Luis Obispo06079012200Low-Income Community
CaliforniaSan Luis Obispo06079010102Low-Income Community
CaliforniaSan Luis Obispo06079010902Low-Income Community
CaliforniaSanta Barbara06083002705Low-Income Community
CaliforniaSanta Barbara06083002706Low-Income Community
CaliforniaSanta Barbara06083002702Low-Income Community
CaliforniaShasta06089012500Low-Income Community
CaliforniaSiskiyou06093000702Low-Income Community
CaliforniaSiskiyou06093000703Low-Income Community
CaliforniaSiskiyou06093000500Low-Income Community
CaliforniaSonoma06097150305Low-Income Community
CaliforniaStanislaus06099003400Low-Income Community
CaliforniaStanislaus06099003201Low-Income Community
CaliforniaTehama06103001100Low-Income Community
CaliforniaTrinity06105000300Low-Income Community
CaliforniaTrinity06105000101Low-Income Community
CaliforniaTulare06107003200Low-Income Community
CaliforniaTulare06107002800Low-Income Community
CaliforniaTulare06107004200Low-Income Community
CaliforniaTulare06107004300Low-Income Community
CaliforniaTulare06107001400Low-Income Community

Bulletin No. 2025–43 553 October 20, 2025
StateCountyCensus Tract NumberTract Type
CaliforniaTulare06107000502Low-Income Community
CaliforniaTulare06107000201Low-Income Community
CaliforniaTulare06107000302Low-Income Community
CaliforniaTuolumne06109004200Low-Income Community
CaliforniaTuolumne06109001200Low-Income Community
CaliforniaVentura06111000304Low-Income Community
CaliforniaVentura06111000600Low-Income Community
CaliforniaYuba06115040400Low-Income Community
CaliforniaYuba06115040301Low-Income Community
CaliforniaYuba06115040302Low-Income Community
ColoradoAdams08001008606Low-Income Community
ColoradoAlamosa08003960200Low-Income Community
ColoradoAlamosa08003960300Low-Income Community
ColoradoAlamosa08003960000Low-Income Community
ColoradoArchuleta08007974400Low-Income Community
ColoradoBaca08009964700Low-Income Community
ColoradoBent08011966700Low-Income Community
ColoradoChaffee08015000401Non-LIC Contiguous
ColoradoChaffee08015000402Low-Income Community
ColoradoCheyenne08017960600Low-Income Community
ColoradoClear Creek08019014800Low-Income Community
ColoradoCostilla08023972600Low-Income Community
ColoradoCrowley08025969600Low-Income Community
ColoradoDelta08029964600Low-Income Community
ColoradoDelta08029964800Low-Income Community
ColoradoDelta08029965100Low-Income Community
ColoradoDolores08033000100Low-Income Community
ColoradoEagle08037000503Low-Income Community
ColoradoFremont08043978800Low-Income Community
ColoradoFremont08043978300Low-Income Community
ColoradoFremont08043978200Low-Income Community
ColoradoGarfield08045951702Low-Income Community
ColoradoGarfield08045951600Low-Income Community
ColoradoGarfield08045951901Low-Income Community
ColoradoGunnison08051963700Low-Income Community
ColoradoHuerfano08055960600Low-Income Community
ColoradoKit Carson08063962100Low-Income Community
ColoradoLa Plata08067940400Non-LIC Contiguous
ColoradoLa Plata08067971100Low-Income Community
ColoradoLake08065961900Non-LIC Contiguous
ColoradoLarimer08069002802Low-Income Community
ColoradoLas Animas08071000200Non-LIC Contiguous

October 20, 2025 554 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
ColoradoLas Animas08071000500Low-Income Community
ColoradoLas Animas08071000800Non-LIC Contiguous
ColoradoLincoln08073961700Low-Income Community
ColoradoLogan08075966300Low-Income Community
ColoradoLogan08075966100Low-Income Community
ColoradoLogan08075966400Low-Income Community
ColoradoMesa08077001800Non-LIC Contiguous
ColoradoMoffat08081000400Low-Income Community
ColoradoMontezuma08083941100Low-Income Community
ColoradoMontrose08085966100Low-Income Community
ColoradoMontrose08085966202Low-Income Community
ColoradoMontrose08085966503Low-Income Community
ColoradoMontrose08085966300Low-Income Community
ColoradoMorgan08087000700Low-Income Community
ColoradoMorgan08087000500Low-Income Community
ColoradoOtero08089968300Low-Income Community
ColoradoOtero08089968600Low-Income Community
ColoradoPhillips08095967600Low-Income Community
ColoradoProwers08099000300Low-Income Community
ColoradoProwers08099000700Low-Income Community
ColoradoProwers08099000200Low-Income Community
ColoradoRio Blanco08103951100Low-Income Community
ColoradoRio Grande08105976700Low-Income Community
ColoradoSaguache08109977700Low-Income Community
ColoradoSan Juan08111972600Low-Income Community
ColoradoSan Miguel08113968200Non-LIC Contiguous
ColoradoWashington08121924200Low-Income Community
ColoradoWeld08123002004Low-Income Community
ColoradoWeld08123001902Low-Income Community
ColoradoYuma08125963100Low-Income Community
ConnecticutLitchfield09005310300Low-Income Community
ConnecticutNew London09011870200Low-Income Community
ConnecticutNew London09011690700Low-Income Community
ConnecticutNew London09011870300Low-Income Community
ConnecticutNew London09011697000Low-Income Community
ConnecticutNew London09011696700Low-Income Community
ConnecticutNew London09011696800Low-Income Community
ConnecticutNew London09011690500Low-Income Community
ConnecticutTolland09013881300Low-Income Community
ConnecticutWindham09015800600Low-Income Community
ConnecticutWindham09015903100Low-Income Community
DelawareKent10001040201Low-Income Community

Bulletin No. 2025–43 555 October 20, 2025
StateCountyCensus Tract NumberTract Type
DelawareKent10001041300Low-Income Community
DelawareKent10001042500Low-Income Community
DelawareKent10001043300Low-Income Community
DelawareKent10001041400Low-Income Community
DelawareSussex10005050503Low-Income Community
DelawareSussex10005050406Low-Income Community
DelawareSussex10005050405Low-Income Community
DelawareSussex10005051802Low-Income Community
DelawareSussex10005050401Non-LIC Contiguous
FloridaBaker12003040201Low-Income Community
FloridaBay12005001800Low-Income Community
FloridaBay12005002000Low-Income Community
FloridaBay12005001600Low-Income Community
FloridaBradford12007000400Low-Income Community
FloridaBrevard12009060700Low-Income Community
FloridaCalhoun12013010300Low-Income Community
FloridaCharlotte12015010100Low-Income Community
FloridaCitrus12017450202Low-Income Community
FloridaCitrus12017451502Low-Income Community
FloridaCitrus12017450800Low-Income Community
FloridaClay12019030104Low-Income Community
FloridaClay12019030102Low-Income Community
FloridaCollier12021011205Low-Income Community
FloridaCollier12021011301Low-Income Community
FloridaCollier12021011400Low-Income Community
FloridaColumbia12023110300Low-Income Community
FloridaDeSoto12027010200Low-Income Community
FloridaDeSoto12027010301Low-Income Community
FloridaDixie12029970101Low-Income Community
FloridaEscambia12033004000Low-Income Community
FloridaFranklin12037970200Low-Income Community
FloridaGadsden12039020102Low-Income Community
FloridaGilchrist12041950201Low-Income Community
FloridaGilchrist12041950100Low-Income Community
FloridaGlades12043000300Low-Income Community
FloridaGlades12043000200Low-Income Community
FloridaGulf12045960200Low-Income Community
FloridaHamilton12047960300Low-Income Community
FloridaHamilton12047960100Low-Income Community
FloridaHardee12049970102Low-Income Community
FloridaHendry12051000200Low-Income Community
FloridaHernando12053040502Low-Income Community

October 20, 2025 556 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
FloridaHernando12053041204Low-Income Community
FloridaHernando12053040400Low-Income Community
FloridaHernando12053041302Low-Income Community
FloridaHernando12053041104Low-Income Community
FloridaHighlands12055960300Low-Income Community
FloridaHighlands12055960103Low-Income Community
FloridaHighlands12055961700Low-Income Community
FloridaHighlands12055961200Low-Income Community
FloridaHolmes12059960200Low-Income Community
FloridaIndian River12061050904Low-Income Community
FloridaJackson12063210200Low-Income Community
FloridaJackson12063210500Low-Income Community
FloridaJefferson12065250101Low-Income Community
FloridaLafayette12067960100Low-Income Community
FloridaLake12069030504Low-Income Community
FloridaLake12069030502Low-Income Community
FloridaLake12069030102Low-Income Community
FloridaLake12069030206Low-Income Community
FloridaLake12069030107Low-Income Community
FloridaLevy12075970102Low-Income Community
FloridaLevy12075970101Low-Income Community
FloridaLiberty12077950200Low-Income Community
FloridaMadison12079110302Low-Income Community
FloridaMarion12083000601Low-Income Community
FloridaMarion12083000401Low-Income Community
FloridaMarion12083002602Low-Income Community
FloridaMartin12085001801Low-Income Community
FloridaMonroe12087971100Low-Income Community
FloridaNassau12089050303Low-Income Community
FloridaNassau12089050302Low-Income Community
FloridaOkaloosa12091021900Low-Income Community
FloridaOkeechobee12093910401Low-Income Community
FloridaOkeechobee12093910300Low-Income Community
FloridaOsceola12097041100Low-Income Community
FloridaPalm Beach12099008302Low-Income Community
FloridaPalm Beach12099008301Low-Income Community
FloridaPalm Beach12099008201Low-Income Community
FloridaPalm Beach12099008002Low-Income Community
FloridaPalm Beach12099008001Low-Income Community
FloridaPalm Beach12099008202Low-Income Community
FloridaPasco12101031809Low-Income Community
FloridaPasco12101033011Low-Income Community

Bulletin No. 2025–43 557 October 20, 2025
StateCountyCensus Tract NumberTract Type
FloridaPasco12101033007Low-Income Community
FloridaPasco12101033008Low-Income Community
FloridaPasco12101032904Low-Income Community
FloridaPasco12101032803Low-Income Community
FloridaPolk12105014301Low-Income Community
FloridaPolk12105016002Low-Income Community
FloridaPolk12105015702Low-Income Community
FloridaPolk12105016100Low-Income Community
FloridaPutnam12107950900Low-Income Community
FloridaPutnam12107950800Low-Income Community
FloridaPutnam12107951401Low-Income Community
FloridaSanta Rosa12113010600Low-Income Community
FloridaSt. Johns12109021003Low-Income Community
FloridaSt. Johns12109020400Low-Income Community
FloridaSumter12119910602Low-Income Community
FloridaSumter12119911000Low-Income Community
FloridaSuwannee12121970301Low-Income Community
FloridaSuwannee12121970500Low-Income Community
FloridaTaylor12123950300Low-Income Community
FloridaUnion12125960200Low-Income Community
FloridaVolusia12127083008Low-Income Community
FloridaWakulla12129010202Low-Income Community
FloridaWalton12131950301Low-Income Community
FloridaWashington12133970104Low-Income Community
GeorgiaAtkinson13003960100Low-Income Community
GeorgiaBaldwin13009970200Low-Income Community
GeorgiaBaldwin13009970702Low-Income Community
GeorgiaBaldwin13009970400Low-Income Community
GeorgiaBaldwin13009970500Low-Income Community
GeorgiaBaldwin13009970600Low-Income Community
GeorgiaBaldwin13009970701Low-Income Community
GeorgiaBarrow13013180205Low-Income Community
GeorgiaBen Hill13017960400Low-Income Community
GeorgiaBen Hill13017960500Low-Income Community
GeorgiaBen Hill13017960100Low-Income Community
GeorgiaBen Hill13017960300Low-Income Community
GeorgiaBerrien13019970400Low-Income Community
GeorgiaBleckley13023790200Low-Income Community
GeorgiaBrooks13027960400Low-Income Community
GeorgiaBrooks13027960300Low-Income Community
GeorgiaBulloch13031110500Low-Income Community
GeorgiaBulloch13031110602Low-Income Community

October 20, 2025 558 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
GeorgiaBulloch13031110401Low-Income Community
GeorgiaBulloch13031110404Low-Income Community
GeorgiaBulloch13031110403Low-Income Community
GeorgiaBulloch13031110200Low-Income Community
GeorgiaBurke13033950400Low-Income Community
GeorgiaBurke13033950200Low-Income Community
GeorgiaBurke13033950100Low-Income Community
GeorgiaCalhoun13037950200Low-Income Community
GeorgiaCalhoun13037950100Low-Income Community
GeorgiaCandler13043950100Low-Income Community
GeorgiaCandler13043950300Low-Income Community
GeorgiaCarroll13045910501Low-Income Community
GeorgiaCarroll13045910502Low-Income Community
GeorgiaClay13061960300Low-Income Community
GeorgiaClinch13065970100Low-Income Community
GeorgiaCoffee13069010802Low-Income Community
GeorgiaCoffee13069010500Low-Income Community
GeorgiaCoffee13069010700Low-Income Community
GeorgiaColquitt13071970702Low-Income Community
GeorgiaColquitt13071970800Low-Income Community
GeorgiaColquitt13071970300Low-Income Community
GeorgiaColquitt13071970400Low-Income Community
GeorgiaCook13075960200Low-Income Community
GeorgiaCrisp13081010201Low-Income Community
GeorgiaCrisp13081010202Low-Income Community
GeorgiaCrisp13081010100Low-Income Community
GeorgiaDecatur13087970400Low-Income Community
GeorgiaDodge13091960200Low-Income Community
GeorgiaDooly13093970300Low-Income Community
GeorgiaDooly13093970100Low-Income Community
GeorgiaEarly13099090500Low-Income Community
GeorgiaEarly13099090400Low-Income Community
GeorgiaEchols13101880100Low-Income Community
GeorgiaElbert13105000400Low-Income Community
GeorgiaEmanuel13107970100Low-Income Community
GeorgiaEmanuel13107970400Low-Income Community
GeorgiaEmanuel13107970300Low-Income Community
GeorgiaEmanuel13107970600Low-Income Community
GeorgiaEvans13109970300Low-Income Community
GeorgiaFloyd13115001600Low-Income Community
GeorgiaFloyd13115001100Low-Income Community
GeorgiaGilmer13123080300Low-Income Community

Bulletin No. 2025–43 559 October 20, 2025
StateCountyCensus Tract NumberTract Type
GeorgiaGlynn13127000800Low-Income Community
GeorgiaGlynn13127000700Low-Income Community
GeorgiaGlynn13127000504Low-Income Community
GeorgiaGrady13131950300Low-Income Community
GeorgiaGrady13131950500Low-Income Community
GeorgiaGreene13133950200Low-Income Community
GeorgiaGreene13133950303Low-Income Community
GeorgiaHall13139001003Low-Income Community
GeorgiaHall13139001101Low-Income Community
GeorgiaHall13139000800Low-Income Community
GeorgiaHancock13141480400Low-Income Community
GeorgiaJefferson13163960300Low-Income Community
GeorgiaJefferson13163960400Low-Income Community
GeorgiaJenkins13165960100Low-Income Community
GeorgiaLaurens13175950800Low-Income Community
GeorgiaLaurens13175950900Low-Income Community
GeorgiaLaurens13175950300Low-Income Community
GeorgiaLaurens13175950400Low-Income Community
GeorgiaLincoln13181970100Low-Income Community
GeorgiaMacon13193000400Low-Income Community
GeorgiaMacon13193000300Low-Income Community
GeorgiaMcDuffie13189950400Low-Income Community
GeorgiaMcDuffie13189950200Low-Income Community
GeorgiaMiller13201950200Low-Income Community
GeorgiaMiller13201950100Low-Income Community
GeorgiaMitchell13205090200Low-Income Community
GeorgiaMitchell13205090300Low-Income Community
GeorgiaMitchell13205090100Low-Income Community
GeorgiaPeach13225040200Low-Income Community
GeorgiaPeach13225040302Low-Income Community
GeorgiaPeach13225040400Low-Income Community
GeorgiaPierce13229960300Low-Income Community
GeorgiaPolk13233010400Low-Income Community
GeorgiaRandolph13243790200Low-Income Community
GeorgiaScreven13251970400Low-Income Community
GeorgiaSpalding13255160800Low-Income Community
GeorgiaSpalding13255160700Low-Income Community
GeorgiaSpalding13255160900Low-Income Community
GeorgiaSpalding13255160300Low-Income Community
GeorgiaSpalding13255160400Low-Income Community
GeorgiaStewart13259950100Low-Income Community
GeorgiaStewart13259950400Low-Income Community

October 20, 2025 560 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
GeorgiaSumter13261950700Low-Income Community
GeorgiaSumter13261950600Low-Income Community
GeorgiaSumter13261950200Low-Income Community
GeorgiaSumter13261950300Low-Income Community
GeorgiaTaliaferro13265010200Low-Income Community
GeorgiaTattnall13267950201Low-Income Community
GeorgiaTattnall13267950202Low-Income Community
GeorgiaTaylor13269950300Low-Income Community
GeorgiaTelfair13271950100Low-Income Community
GeorgiaTerrell13273120300Low-Income Community
GeorgiaTerrell13273120400Low-Income Community
GeorgiaThomas13275960700Low-Income Community
GeorgiaThomas13275960100Low-Income Community
GeorgiaTift13277960600Low-Income Community
GeorgiaTift13277960800Low-Income Community
GeorgiaTift13277960700Low-Income Community
GeorgiaToombs13279970100Low-Income Community
GeorgiaTroup13285960800Low-Income Community
GeorgiaTroup13285960501Low-Income Community
GeorgiaTroup13285960901Low-Income Community
GeorgiaTroup13285960600Low-Income Community
GeorgiaUpson13293010500Low-Income Community
GeorgiaUpson13293010201Low-Income Community
GeorgiaWalton13297110400Low-Income Community
GeorgiaWare13299950800Low-Income Community
GeorgiaWare13299950700Low-Income Community
GeorgiaWare13299950900Low-Income Community
GeorgiaWare13299950400Low-Income Community
GeorgiaWare13299950500Low-Income Community
GeorgiaWarren13301970400Low-Income Community
GeorgiaWashington13303950700Low-Income Community
GeorgiaWashington13303950400Low-Income Community
GeorgiaWayne13305970500Low-Income Community
GuamGuam66010955700Low-Income Community
GuamGuam66010956000Low-Income Community
GuamGuam66010953000Low-Income Community
GuamGuam66010952800Low-Income Community
GuamGuam66010952400Low-Income Community
GuamGuam66010951901Low-Income Community
GuamGuam66010952900Low-Income Community
GuamGuam66010951902Low-Income Community
GuamGuam66010951600Low-Income Community

Bulletin No. 2025–43 561 October 20, 2025
StateCountyCensus Tract NumberTract Type
GuamGuam66010953400Low-Income Community
GuamGuam66010953300Low-Income Community
GuamGuam66010951800Low-Income Community
GuamGuam66010955300Low-Income Community
GuamGuam66010955400Low-Income Community
GuamGuam66010954800Low-Income Community
GuamGuam66010955600Low-Income Community
GuamGuam66010953900Low-Income Community
GuamGuam66010954400Low-Income Community
GuamGuam66010950502Low-Income Community
GuamGuam66010950501Low-Income Community
GuamGuam66010950401Low-Income Community
GuamGuam66010950300Non-LIC Contiguous
GuamGuam66010950402Low-Income Community
GuamGuam66010950900Non-LIC Contiguous
GuamGuam66010951000Low-Income Community
HawaiiHawaii15001020500Low-Income Community
HawaiiHawaii15001020300Low-Income Community
HawaiiHawaii15001020600Low-Income Community
HawaiiHawaii15001020400Low-Income Community
HawaiiHawaii15001021504Low-Income Community
HawaiiHawaii15001021601Non-LIC Contiguous
HawaiiKauai15007040604Low-Income Community
HawaiiKauai15007040104Low-Income Community
HawaiiMaui15009030404Low-Income Community
HawaiiMaui15009031900Non-LIC Contiguous
HawaiiMaui15009031700Low-Income Community
HawaiiMaui15009030901Low-Income Community
IdahoAdams16003950100Non-LIC Contiguous
IdahoBenewah16009950100Low-Income Community
IdahoBonner16017950300Low-Income Community
IdahoBoundary16021970200Low-Income Community
IdahoCanyon16027022100Low-Income Community
IdahoCanyon16027022200Low-Income Community
IdahoClearwater16035940000Non-LIC Contiguous
IdahoClearwater16035970100Low-Income Community
IdahoElmore16039960300Low-Income Community
IdahoGooding16047960100Low-Income Community
IdahoIdaho16049960400Low-Income Community
IdahoIdaho16049940000Low-Income Community
IdahoJerome16053970400Low-Income Community
IdahoLatah16057005400Low-Income Community

October 20, 2025 562 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
IdahoLatah16057005100Low-Income Community
IdahoLewis16061940001Low-Income Community
IdahoMinidoka16067970500Low-Income Community
IdahoNez Perce16069960300Low-Income Community
IdahoPayette16075960200Low-Income Community
IdahoShoshone16079960300Low-Income Community
IdahoTwin Falls16083000400Low-Income Community
IdahoValley16085970300Low-Income Community
IllinoisAdams17001000800Low-Income Community
IllinoisAlexander17003957900Low-Income Community
IllinoisBond17005951300Low-Income Community
IllinoisBoone17007010100Low-Income Community
IllinoisBureau17011965600Low-Income Community
IllinoisCarroll17015960300Low-Income Community
IllinoisCass17017960500Low-Income Community
IllinoisChristian17021958900Low-Income Community
IllinoisClark17023060200Low-Income Community
IllinoisClay17025972100Low-Income Community
IllinoisClinton17027900401Low-Income Community
IllinoisColes17029000500Low-Income Community
IllinoisCrawford17033880400Low-Income Community
IllinoisCumberland17035972400Low-Income Community
IllinoisDe Witt17039971800Low-Income Community
IllinoisDeKalb17037002200Low-Income Community
IllinoisDeKalb17037001002Low-Income Community
IllinoisDeKalb17037001001Low-Income Community
IllinoisDouglas17041952000Low-Income Community
IllinoisEdgar17045070300Low-Income Community
IllinoisEdwards17047957100Low-Income Community
IllinoisEffingham17049950800Low-Income Community
IllinoisFayette17051950900Low-Income Community
IllinoisFranklin17055040600Low-Income Community
IllinoisFulton17057953500Low-Income Community
IllinoisGallatin17059972800Low-Income Community
IllinoisGreene17061973900Low-Income Community
IllinoisHamilton17065973200Low-Income Community
IllinoisHancock17067954100Low-Income Community
IllinoisHardin17069970900Low-Income Community
IllinoisHenderson17071973500Low-Income Community
IllinoisHenry17073030800Low-Income Community
IllinoisIroquois17075950400Low-Income Community
IllinoisJackson17077011700Low-Income Community

Bulletin No. 2025–43 563 October 20, 2025
StateCountyCensus Tract NumberTract Type
IllinoisJackson17077011200Low-Income Community
IllinoisJackson17077011400Low-Income Community
IllinoisJasper17079977400Low-Income Community
IllinoisJefferson17081051000Low-Income Community
IllinoisJersey17083010402Low-Income Community
IllinoisJo Daviess17085020500Low-Income Community
IllinoisJohnson17087977800Low-Income Community
IllinoisKankakee17091011600Low-Income Community
IllinoisKankakee17091012300Low-Income Community
IllinoisKankakee17091011700Low-Income Community
IllinoisKankakee17091011500Low-Income Community
IllinoisKnox17095001100Low-Income Community
IllinoisLaSalle17099964300Low-Income Community
IllinoisLawrence17101880800Low-Income Community
IllinoisLee17103000600Low-Income Community
IllinoisLivingston17105960500Low-Income Community
IllinoisLogan17107953100Low-Income Community
IllinoisMacoupin17117956900Low-Income Community
IllinoisMadison17119402200Low-Income Community
IllinoisMarion17121952700Low-Income Community
IllinoisMarshall17123961500Low-Income Community
IllinoisMason17125956500Low-Income Community
IllinoisMassac17127970200Low-Income Community
IllinoisMcDonough17109010500Low-Income Community
IllinoisMcHenry17111870301Low-Income Community
IllinoisMontgomery17135958000Low-Income Community
IllinoisMorgan17137952000Low-Income Community
IllinoisMoultrie17139977200Low-Income Community
IllinoisOgle17141961100Low-Income Community
IllinoisPerry17145030400Low-Income Community
IllinoisPike17149952700Low-Income Community
IllinoisPope17151971300Low-Income Community
IllinoisPulaski17153971100Low-Income Community
IllinoisRandolph17157950600Low-Income Community
IllinoisRichland17159978000Low-Income Community
IllinoisSaline17165955900Low-Income Community
IllinoisSchuyler17169970100Low-Income Community
IllinoisShelby17173959300Low-Income Community
IllinoisStephenson17177000800Low-Income Community
IllinoisStephenson17177001300Low-Income Community
IllinoisUnion17181950400Low-Income Community
IllinoisVermilion17183011200Low-Income Community

October 20, 2025 564 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
IllinoisVermilion17183000400Low-Income Community
IllinoisVermilion17183000200Low-Income Community
IllinoisWarren17187870500Low-Income Community
IllinoisWashington17189950300Low-Income Community
IllinoisWayne17191955000Low-Income Community
IllinoisWhite17193958000Low-Income Community
IllinoisWhiteside17195001500Low-Income Community
IllinoisWilliamson17199020400Low-Income Community
IndianaAdams18001030700Low-Income Community
IndianaBlackford18009975100Low-Income Community
IndianaBoone18011810400Low-Income Community
IndianaCarroll18015959600Low-Income Community
IndianaCrawford18025952100Low-Income Community
IndianaDaviess18027954700Low-Income Community
IndianaDeKalb18033020602Non-LIC Contiguous
IndianaDeKalb18033020500Low-Income Community
IndianaDubois18037953800Low-Income Community
IndianaFayette18041954100Low-Income Community
IndianaFranklin18047969700Low-Income Community
IndianaGibson18051050502Low-Income Community
IndianaGrant18053000100Low-Income Community
IndianaHenry18065976100Low-Income Community
IndianaHuntington18069961600Low-Income Community
IndianaJackson18071967901Low-Income Community
IndianaJennings18079960302Low-Income Community
IndianaKnox18083955300Low-Income Community
IndianaKnox18083955400Low-Income Community
IndianaLaPorte18091042100Low-Income Community
IndianaLaPorte18091040800Low-Income Community
IndianaLaPorte18091040300Low-Income Community
IndianaLaPorte18091043000Low-Income Community
IndianaLawrence18093950900Low-Income Community
IndianaMarshall18099020500Low-Income Community
IndianaMiami18103952900Low-Income Community
IndianaMiami18103952200Low-Income Community
IndianaMontgomery18107957000Low-Income Community
IndianaMorgan18109510701Low-Income Community
IndianaNewton18111100700Low-Income Community
IndianaOrange18117951500Low-Income Community
IndianaPerry18123952600Low-Income Community
IndianaPike18125954000Low-Income Community
IndianaPorter18127050900Low-Income Community

Bulletin No. 2025–43 565 October 20, 2025
StateCountyCensus Tract NumberTract Type
IndianaPutnam18133956500Low-Income Community
IndianaRandolph18135951600Low-Income Community
IndianaRush18139974400Low-Income Community
IndianaScott18143967000Low-Income Community
IndianaShelby18145710601Low-Income Community
IndianaShelby18145710400Low-Income Community
IndianaStarke18149953700Low-Income Community
IndianaSteuben18151971300Low-Income Community
IndianaSwitzerland18155965700Low-Income Community
IndianaVermillion18165020500Low-Income Community
IndianaWabash18169102600Low-Income Community
IndianaWashington18175967500Low-Income Community
IndianaWayne18177000900Low-Income Community
IndianaWayne18177000200Low-Income Community
IndianaWells18179040600Low-Income Community
IowaAppanoose19007950100Low-Income Community
IowaAppanoose19007950300Low-Income Community
IowaBenton19011960300Low-Income Community
IowaBuena Vista19021960400Low-Income Community
IowaCalhoun19025950200Low-Income Community
IowaCass19029190200Low-Income Community
IowaCass19029190500Low-Income Community
IowaCerro Gordo19033950300Low-Income Community
IowaCherokee19035080100Low-Income Community
IowaClinton19045000300Low-Income Community
IowaClinton19045000100Low-Income Community
IowaCrawford19047070400Low-Income Community
IowaDallas19049050400Low-Income Community
IowaDavis19051080200Low-Income Community
IowaDecatur19053960300Low-Income Community
IowaDecatur19053960200Low-Income Community
IowaDes Moines19057000400Low-Income Community
IowaDes Moines19057000300Low-Income Community
IowaDes Moines19057000200Low-Income Community
IowaEmmet19063070300Low-Income Community
IowaFloyd19067480400Low-Income Community
IowaHamilton19079960300Low-Income Community
IowaIda19093090300Low-Income Community
IowaJackson19097950600Low-Income Community
IowaLee19111490900Low-Income Community
IowaLee19111490800Low-Income Community
IowaLee19111490200Low-Income Community

October 20, 2025 566 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
IowaLucas19117950300Low-Income Community
IowaMadison19121060200Low-Income Community
IowaMarshall19127950900Low-Income Community
IowaMuscatine19139051000Low-Income Community
IowaMuscatine19139050700Low-Income Community
IowaPage19145490200Low-Income Community
IowaPlymouth19149970200Low-Income Community
IowaPocahontas19151780100Low-Income Community
IowaPoweshiek19157370400Low-Income Community
IowaShelby19165960400Low-Income Community
IowaUnion19175190200Low-Income Community
IowaWebster19187000700Low-Income Community
IowaWorth19195690100Low-Income Community
KansasAllen20001952900Low-Income Community
KansasAnderson20003953600Low-Income Community
KansasAtchison20005081900Low-Income Community
KansasBarton20009971700Low-Income Community
KansasBarton20009971400Low-Income Community
KansasButler20015020400Low-Income Community
KansasCloud20029977200Low-Income Community
KansasCowley20035493800Low-Income Community
KansasCowley20035493700Low-Income Community
KansasCrawford20037956600Low-Income Community
KansasCrawford20037956900Non-LIC Contiguous
KansasCrawford20037957600Low-Income Community
KansasCrawford20037957500Low-Income Community
KansasFinney20055960600Low-Income Community
KansasFinney20055960501Low-Income Community
KansasFord20057962101Low-Income Community
KansasFord20057961800Low-Income Community
KansasFranklin20059954400Low-Income Community
KansasFranklin20059954200Low-Income Community
KansasGove20063955200Low-Income Community
KansasGove20063955100Low-Income Community
KansasGraham20065952100Low-Income Community
KansasGreeley20071958100Low-Income Community
KansasJewell20089576100Low-Income Community
KansasJewell20089576200Low-Income Community
KansasLabette20099950400Low-Income Community
KansasLane20101956600Non-LIC Contiguous
KansasLeavenworth20103070100Low-Income Community
KansasLyon20111000500Low-Income Community

Bulletin No. 2025–43 567 October 20, 2025
StateCountyCensus Tract NumberTract Type
KansasMiami20121100700Low-Income Community
KansasMontgomery20125951300Low-Income Community
KansasMontgomery20125951200Low-Income Community
KansasMontgomery20125950200Low-Income Community
KansasNorton20137951700Non-LIC Contiguous
KansasOsage20139010400Low-Income Community
KansasReno20155001300Low-Income Community
KansasReno20155000600Low-Income Community
KansasReno20155000700Low-Income Community
KansasReno20155001000Low-Income Community
KansasRepublic20157978300Low-Income Community
KansasRooks20163974600Low-Income Community
KansasRooks20163974700Non-LIC Contiguous
KansasSaline20169000600Low-Income Community
KansasSaline20169000100Low-Income Community
KansasSherman20181453700Low-Income Community
KansasStafford20185470600Low-Income Community
KentuckyAdair21001970500Low-Income Community
KentuckyBallard21007950200Low-Income Community
KentuckyBallard21007950300Non-LIC Contiguous
KentuckyBarren21009950200Low-Income Community
KentuckyBath21011970200Low-Income Community
KentuckyBell21013960600Low-Income Community
KentuckyBoyd21019030200Low-Income Community
KentuckyBoyd21019031001Low-Income Community
KentuckyBoyle21021930300Low-Income Community
KentuckyBracken21023950100Low-Income Community
KentuckyBreathitt21025920600Low-Income Community
KentuckyBreathitt21025920300Low-Income Community
KentuckyBreathitt21025920500Low-Income Community
KentuckyBreathitt21025920100Low-Income Community
KentuckyBullitt21029020701Low-Income Community
KentuckyButler21031930300Low-Income Community
KentuckyCalloway21035010400Low-Income Community
KentuckyCarlisle21039960200Low-Income Community
KentuckyCarroll21041950200Low-Income Community
KentuckyCarter21043960100Low-Income Community
KentuckyCasey21045950300Low-Income Community
KentuckyChristian21047200300Low-Income Community
KentuckyClark21049020106Low-Income Community
KentuckyClay21051950300Low-Income Community
KentuckyClay21051950400Low-Income Community

October 20, 2025 568 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
KentuckyClinton21053970202Low-Income Community
KentuckyCumberland21057950100Low-Income Community
KentuckyEdmonson21061980100Low-Income Community
KentuckyEstill21065920200Low-Income Community
KentuckyEstill21065920300Low-Income Community
KentuckyFleming21069920100Low-Income Community
KentuckyFloyd21071920100Low-Income Community
KentuckyFranklin21073071200Low-Income Community
KentuckyFulton21075960100Low-Income Community
KentuckyGallatin21077960101Low-Income Community
KentuckyGrant21081920300Low-Income Community
KentuckyGraves21083020100Low-Income Community
KentuckyGreen21087930200Low-Income Community
KentuckyGreenup21089040502Low-Income Community
KentuckyGreenup21089040501Non-LIC Contiguous
KentuckyHarlan21095970100Low-Income Community
KentuckyHart21099970400Low-Income Community
KentuckyHenderson21101020602Low-Income Community
KentuckyHopkins21107971100Low-Income Community
KentuckyJackson21109960100Low-Income Community
KentuckyJohnson21115960400Low-Income Community
KentuckyKnott21119960100Low-Income Community
KentuckyKnox21121930500Low-Income Community
KentuckyLarue21123960102Low-Income Community
KentuckyLeslie21131920100Low-Income Community
KentuckyLetcher21133950100Low-Income Community
KentuckyLewis21135930300Low-Income Community
KentuckyLincoln21137920101Low-Income Community
KentuckyLincoln21137920103Low-Income Community
KentuckyLogan21141960500Low-Income Community
KentuckyMadison21151010903Low-Income Community
KentuckyMadison21151010701Low-Income Community
KentuckyMadison21151010800Non-LIC Contiguous
KentuckyMagoffin21153970400Low-Income Community
KentuckyMagoffin21153970200Low-Income Community
KentuckyMagoffin21153970100Low-Income Community
KentuckyMartin21159950100Low-Income Community
KentuckyMartin21159950200Low-Income Community
KentuckyMason21161960100Low-Income Community
KentuckyMcCracken21145030400Low-Income Community
KentuckyMcCracken21145030300Low-Income Community
KentuckyMcCreary21147960300Low-Income Community

Bulletin No. 2025–43 569 October 20, 2025
StateCountyCensus Tract NumberTract Type
KentuckyMenifee21165960100Low-Income Community
KentuckyMetcalfe21169960300Low-Income Community
KentuckyMontgomery21173920400Low-Income Community
KentuckyMontgomery21173920302Low-Income Community
KentuckyMontgomery21173920500Low-Income Community
KentuckyMontgomery21173920200Low-Income Community
KentuckyMorgan21175950300Low-Income Community
KentuckyMuhlenberg21177960400Non-LIC Contiguous
KentuckyMuhlenberg21177960200Low-Income Community
KentuckyNicholas21181960200Low-Income Community
KentuckyOhio21183920500Low-Income Community
KentuckyOhio21183920300Low-Income Community
KentuckyOwen21187970200Low-Income Community
KentuckyOwsley21189930100Low-Income Community
KentuckyPerry21193971000Low-Income Community
KentuckyPerry21193970500Low-Income Community
KentuckyPerry21193970600Low-Income Community
KentuckyPike21195931100Low-Income Community
KentuckyPike21195931900Low-Income Community
KentuckyPike21195931800Low-Income Community
KentuckyPike21195930300Low-Income Community
KentuckyPike21195930400Low-Income Community
KentuckyPike21195930500Low-Income Community
KentuckyPike21195930100Low-Income Community
KentuckyPowell21197970200Low-Income Community
KentuckyPulaski21199931102Low-Income Community
KentuckyPulaski21199930100Low-Income Community
KentuckyRobertson21201970100Low-Income Community
KentuckyRowan21205950200Low-Income Community
KentuckyRussell21207960102Low-Income Community
KentuckySimpson21213970400Low-Income Community
KentuckyTaylor21217920500Low-Income Community
KentuckyTodd21219950300Low-Income Community
KentuckyUnion21225950201Low-Income Community
KentuckyWayne21231920400Low-Income Community
KentuckyWebster21233960400Low-Income Community
KentuckyWhitley21235920500Low-Income Community
KentuckyWhitley21235920600Low-Income Community
KentuckyWolfe21237930200Low-Income Community
LouisianaAcadia22001960100Low-Income Community
LouisianaAllen22003950300Low-Income Community
LouisianaAscension22005030900Low-Income Community

October 20, 2025 570 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
LouisianaAscension22005031000Low-Income Community
LouisianaAssumption22007050100Low-Income Community
LouisianaAvoyelles22009030900Low-Income Community
LouisianaAvoyelles22009030600Low-Income Community
LouisianaBeauregard22011960300Low-Income Community
LouisianaBienville22013970100Low-Income Community
LouisianaBienville22013970200Low-Income Community
LouisianaCaddo22017025100Low-Income Community
LouisianaCaddo22017024900Non-LIC Contiguous
LouisianaConcordia22029000300Low-Income Community
LouisianaDe Soto22031950300Low-Income Community
LouisianaEast Carroll22035000200Low-Income Community
LouisianaEast Feliciana22037951502Low-Income Community
LouisianaEvangeline22039950600Low-Income Community
LouisianaEvangeline22039950500Low-Income Community
LouisianaIberia22045031000Low-Income Community
LouisianaIberia22045030500Low-Income Community
LouisianaIberia22045030900Low-Income Community
LouisianaIberia22045031100Low-Income Community
LouisianaIberville22047953000Low-Income Community
LouisianaJackson22049970300Non-LIC Contiguous
LouisianaJefferson Davis22053000500Low-Income Community
LouisianaLafourche22057020400Low-Income Community
LouisianaLafourche22057020702Low-Income Community
LouisianaLafourche22057020900Low-Income Community
LouisianaLincoln22061960900Low-Income Community
LouisianaLincoln22061960400Low-Income Community
LouisianaLincoln22061960300Low-Income Community
LouisianaMorehouse22067950400Low-Income Community
LouisianaMorehouse22067950600Low-Income Community
LouisianaMorehouse22067950500Low-Income Community
LouisianaNatchitoches22069000700Low-Income Community
LouisianaNatchitoches22069000600Low-Income Community
LouisianaOuachita22073001400Low-Income Community
LouisianaOuachita22073010603Low-Income Community
LouisianaOuachita22073000600Low-Income Community
LouisianaOuachita22073010900Low-Income Community
LouisianaPointe Coupee22077952300Low-Income Community
LouisianaPointe Coupee22077951900Low-Income Community
LouisianaRapides22079010500Low-Income Community
LouisianaRapides22079011300Low-Income Community
LouisianaRapides22079013900Low-Income Community

Bulletin No. 2025–43 571 October 20, 2025
StateCountyCensus Tract NumberTract Type
LouisianaRichland22083970500Low-Income Community
LouisianaSt. Helena22091951100Low-Income Community
LouisianaSt. James22093040400Low-Income Community
LouisianaSt. James22093040500Low-Income Community
LouisianaSt. John the Baptist22095071100Low-Income Community
LouisianaSt. Landry22097961300Low-Income Community
LouisianaSt. Landry22097961400Low-Income Community
LouisianaSt. Landry22097961100Low-Income Community
LouisianaSt. Landry22097961600Low-Income Community
LouisianaSt. Martin22099020501Low-Income Community
LouisianaSt. Mary22101040300Low-Income Community
LouisianaSt. Mary22101041200Low-Income Community
LouisianaSt. Mary22101040500Low-Income Community
LouisianaSt. Mary22101040400Low-Income Community
LouisianaSt. Tammany22103040704Low-Income Community
LouisianaTangipahoa22105953600Low-Income Community
LouisianaTangipahoa22105953800Low-Income Community
LouisianaTerrebonne22109000500Low-Income Community
LouisianaTerrebonne22109000101Non-LIC Contiguous
LouisianaVermilion22113950700Low-Income Community
LouisianaVernon22115950400Low-Income Community
LouisianaWashington22117951000Low-Income Community
LouisianaWashington22117950500Low-Income Community
LouisianaWebster22119031200Low-Income Community
LouisianaWinn22127960200Low-Income Community
MaineAndroscoggin23001020300Low-Income Community
MaineAndroscoggin23001010500Low-Income Community
MaineAroostook23003950100Low-Income Community
MaineAroostook23003950300Non-LIC Contiguous
MaineAroostook23003951600Low-Income Community
MaineAroostook23003951000Low-Income Community
MaineCumberland23005011100Low-Income Community
MaineHancock23009965503Low-Income Community
MaineKennebec23011010300Low-Income Community
MaineKennebec23011024102Low-Income Community
MaineOxford23017966200Low-Income Community
MaineOxford23017965500Low-Income Community
MaineOxford23017965600Low-Income Community
MainePenobscot23019031000Low-Income Community
MainePenobscot23019028000Low-Income Community
MainePenobscot23019027000Low-Income Community
MainePenobscot23019030000Low-Income Community

October 20, 2025 572 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
MainePenobscot23019004100Low-Income Community
MainePenobscot23019000300Low-Income Community
MainePenobscot23019007100Low-Income Community
MainePiscataquis23021960301Low-Income Community
MaineSagadahoc23023970600Low-Income Community
MaineSomerset23025965900Low-Income Community
MaineSomerset23025966500Low-Income Community
MaineWaldo23027043000Low-Income Community
MaineWashington23029955400Non-LIC Contiguous
MaineWashington23029955500Low-Income Community
MaineWashington23029955900Low-Income Community
MaineYork23031005200Low-Income Community
MarylandAllegany24001000800Low-Income Community
MarylandAllegany24001001100Low-Income Community
MarylandAllegany24001001000Low-Income Community
MarylandAllegany24001001800Low-Income Community
MarylandCalvert24009861003Non-LIC Contiguous
MarylandCalvert24009861004Low-Income Community
MarylandCalvert24009860703Low-Income Community
MarylandCaroline24011955600Low-Income Community
MarylandCaroline24011955302Low-Income Community
MarylandCarroll24013507601Low-Income Community
MarylandCecil24015030906Low-Income Community
MarylandCharles24017850802Low-Income Community
MarylandCharles24017850709Non-LIC Contiguous
MarylandCharles24017850202Low-Income Community
MarylandDorchester24019970600Low-Income Community
MarylandDorchester24019970400Low-Income Community
MarylandFrederick24021775400Low-Income Community
MarylandGarrett24023000600Low-Income Community
MarylandGarrett24023000200Low-Income Community
MarylandGarrett24023000700Low-Income Community
MarylandHarford24025302902Low-Income Community
MarylandHarford24025306100Low-Income Community
MarylandHarford24025306200Low-Income Community
MarylandHarford24025301302Low-Income Community
MarylandKent24029950300Low-Income Community
MarylandQueen Anne’s24035810300Low-Income Community
MarylandSomerset24039930500Low-Income Community
MarylandSomerset24039930101Low-Income Community
MarylandSomerset24039930600Low-Income Community
MarylandSt. Mary’s24037876001Low-Income Community

Bulletin No. 2025–43 573 October 20, 2025
StateCountyCensus Tract NumberTract Type
MarylandTalbot24041960400Low-Income Community
MarylandTalbot24041960300Low-Income Community
MarylandWashington24043000700Low-Income Community
MarylandWashington24043000800Low-Income Community
MarylandWashington24043000500Low-Income Community
MarylandWashington24043000400Low-Income Community
MarylandWashington24043010802Low-Income Community
MarylandWicomico24045000500Low-Income Community
MarylandWicomico24045010502Low-Income Community
MarylandWicomico24045010101Low-Income Community
MarylandWicomico24045010102Low-Income Community
MarylandWicomico24045000200Low-Income Community
MarylandWicomico24045000100Low-Income Community
MarylandWicomico24045010603Low-Income Community
MarylandWorcester24047951300Low-Income Community
MarylandWorcester24047951000Low-Income Community
MarylandWorcester24047950000Low-Income Community
MassachusettsBarnstable25001010100Low-Income Community
MassachusettsBarnstable25001015300Low-Income Community
MassachusettsBarnstable25001012002Low-Income Community
MassachusettsBarnstable25001011600Low-Income Community
MassachusettsBarnstable25001014500Low-Income Community
MassachusettsBarnstable25001014100Low-Income Community
MassachusettsBerkshire25003900100Low-Income Community
MassachusettsBerkshire25003900200Low-Income Community
MassachusettsBerkshire25003922100Low-Income Community
MassachusettsBerkshire25003921400Low-Income Community
MassachusettsBerkshire25003922300Low-Income Community
MassachusettsBerkshire25003935300Low-Income Community
MassachusettsEssex25009221400Low-Income Community
MassachusettsEssex25009221500Low-Income Community
MassachusettsFranklin25011040501Low-Income Community
MassachusettsFranklin25011040502Low-Income Community
MassachusettsFranklin25011040100Low-Income Community
MassachusettsFranklin25011040400Low-Income Community
MassachusettsFranklin25011040701Low-Income Community
MassachusettsFranklin25011041300Low-Income Community
MassachusettsFranklin25011041400Low-Income Community
MassachusettsHampden25013812702Low-Income Community
MassachusettsHampden25013810300Low-Income Community
MassachusettsHampshire25015822402Low-Income Community
MassachusettsHampshire25015821903Low-Income Community

October 20, 2025 574 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
MassachusettsHampshire25015821602Low-Income Community
MassachusettsHampshire25015820300Low-Income Community
MassachusettsHampshire25015820102Low-Income Community
MassachusettsPlymouth25023545400Low-Income Community
MassachusettsWorcester25027716200Low-Income Community
MassachusettsWorcester25027716300Low-Income Community
MassachusettsWorcester25027703200Low-Income Community
MassachusettsWorcester25027703100Low-Income Community
MassachusettsWorcester25027710700Low-Income Community
MassachusettsWorcester25027710600Low-Income Community
MassachusettsWorcester25027726200Low-Income Community
MassachusettsWorcester25027709600Low-Income Community
MassachusettsWorcester25027709400Low-Income Community
MassachusettsWorcester25027707200Low-Income Community
MassachusettsWorcester25027707300Low-Income Community
MassachusettsWorcester25027757100Low-Income Community
MassachusettsWorcester25027757300Low-Income Community
MassachusettsWorcester25027754200Low-Income Community
MichiganAlcona26001970400Low-Income Community
MichiganAlger26003000100Low-Income Community
MichiganAllegan26005032401Low-Income Community
MichiganAlpena26007000400Low-Income Community
MichiganAntrim26009960700Low-Income Community
MichiganArenac26011970500Low-Income Community
MichiganBaraga26013000100Low-Income Community
MichiganBarry26015011300Low-Income Community
MichiganBay26017286500Low-Income Community
MichiganBay26017286600Low-Income Community
MichiganBerrien26021000400Low-Income Community
MichiganBerrien26021010300Low-Income Community
MichiganBerrien26021002500Low-Income Community
MichiganBerrien26021002100Low-Income Community
MichiganBranch26023951600Low-Income Community
MichiganCalhoun26025003400Low-Income Community
MichiganCalhoun26025004000Low-Income Community
MichiganCass26027002100Low-Income Community
MichiganCharlevoix26029001100Low-Income Community
MichiganCheboygan26031960200Low-Income Community
MichiganChippewa26033970500Low-Income Community
MichiganChippewa26033970200Low-Income Community
MichiganClare26035000600Low-Income Community
MichiganClare26035001300Low-Income Community

Bulletin No. 2025–43 575 October 20, 2025
StateCountyCensus Tract NumberTract Type
MichiganClinton26037010801Low-Income Community
MichiganCrawford26039960200Non-LIC Contiguous
MichiganDelta26041970800Low-Income Community
MichiganDickinson26043950400Low-Income Community
MichiganEaton26045020901Low-Income Community
MichiganEmmet26047970100Low-Income Community
MichiganGladwin26051000800Low-Income Community
MichiganGladwin26051000700Low-Income Community
MichiganGogebic26053950600Low-Income Community
MichiganGrand Traverse26055551300Low-Income Community
MichiganGratiot26057000500Low-Income Community
MichiganHillsdale26059050800Low-Income Community
MichiganHillsdale26059050700Low-Income Community
MichiganHoughton26061000800Low-Income Community
MichiganHuron26063951000Low-Income Community
MichiganIonia26067031700Low-Income Community
MichiganIosco26069000500Low-Income Community
MichiganIosco26069000400Low-Income Community
MichiganIron26071000300Low-Income Community
MichiganIsabella26073940500Low-Income Community
MichiganIsabella26073940400Low-Income Community
MichiganJackson26075000600Low-Income Community
MichiganJackson26075005500Low-Income Community
MichiganJackson26075001000Low-Income Community
MichiganJackson26075001200Low-Income Community
MichiganKalkaska26079950400Low-Income Community
MichiganKeweenaw26083000100Low-Income Community
MichiganLake26085961100Low-Income Community
MichiganLapeer26087337500Low-Income Community
MichiganLenawee26091061600Low-Income Community
MichiganLivingston26093722300Low-Income Community
MichiganLuce26095960100Low-Income Community
MichiganMackinac26097950500Low-Income Community
MichiganManistee26101000900Low-Income Community
MichiganMarquette26103000600Low-Income Community
MichiganMarquette26103000700Low-Income Community
MichiganMason26105950500Low-Income Community
MichiganMecosta26107960600Low-Income Community
MichiganMecosta26107960500Low-Income Community
MichiganMenominee26109960200Low-Income Community
MichiganMidland26111290100Low-Income Community
MichiganMidland26111290200Low-Income Community

October 20, 2025 576 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
MichiganMissaukee26113960200Low-Income Community
MichiganMonroe26115831800Low-Income Community
MichiganMonroe26115831400Low-Income Community
MichiganMontcalm26117971200Low-Income Community
MichiganMontcalm26117970800Low-Income Community
MichiganMontmorency26119910200Low-Income Community
MichiganMuskegon26121001300Low-Income Community
MichiganMuskegon26121004300Low-Income Community
MichiganMuskegon26121004200Low-Income Community
MichiganMuskegon26121000900Low-Income Community
MichiganMuskegon26121000800Low-Income Community
MichiganNewaygo26123971200Low-Income Community
MichiganOceana26127010400Low-Income Community
MichiganOgemaw26129950500Low-Income Community
MichiganOgemaw26129950100Low-Income Community
MichiganOntonagon26131970200Low-Income Community
MichiganOsceola26133970400Low-Income Community
MichiganOscoda26135970300Low-Income Community
MichiganOtsego26137950300Low-Income Community
MichiganOttawa26139024900Low-Income Community
MichiganPresque Isle26141950200Low-Income Community
MichiganRoscommon26143971200Low-Income Community
MichiganRoscommon26143970300Low-Income Community
MichiganSaginaw26145000600Low-Income Community
MichiganSaginaw26145011000Low-Income Community
MichiganSaginaw26145001700Low-Income Community
MichiganSaginaw26145000100Low-Income Community
MichiganSaginaw26145000400Low-Income Community
MichiganSaginaw26145010200Low-Income Community
MichiganSaginaw26145001800Low-Income Community
MichiganSanilac26151970400Low-Income Community
MichiganSchoolcraft26153000300Low-Income Community
MichiganShiawassee26155030600Low-Income Community
MichiganSt. Clair26147625000Low-Income Community
MichiganSt. Clair26147624000Low-Income Community
MichiganSt. Clair26147620000Low-Income Community
MichiganSt. Joseph26149040700Low-Income Community
MichiganSt. Joseph26149040300Low-Income Community
MichiganTuscola26157000600Low-Income Community
MichiganVan Buren26159011800Low-Income Community
MichiganVan Buren26159011300Low-Income Community
MichiganWashtenaw26161446200Low-Income Community

Bulletin No. 2025–43 577 October 20, 2025
StateCountyCensus Tract NumberTract Type
MichiganWexford26165380700Low-Income Community
MinnesotaAitkin27001770300Low-Income Community
MinnesotaAitkin27001770400Low-Income Community
MinnesotaBecker27005450500Low-Income Community
MinnesotaBeltrami27007450702Low-Income Community
MinnesotaBeltrami27007940001Low-Income Community
MinnesotaBig Stone27011950300Low-Income Community
MinnesotaBlue Earth27013170300Low-Income Community
MinnesotaBlue Earth27013170700Low-Income Community
MinnesotaCarlton27017940000Low-Income Community
MinnesotaCass27021940002Low-Income Community
MinnesotaChippewa27023950600Low-Income Community
MinnesotaChisago27025110301Low-Income Community
MinnesotaClearwater27029000100Low-Income Community
MinnesotaCook27031480100Low-Income Community
MinnesotaCottonwood27033270400Low-Income Community
MinnesotaCrow Wing27035951100Low-Income Community
MinnesotaCrow Wing27035951200Low-Income Community
MinnesotaDouglas27041450600Low-Income Community
MinnesotaFaribault27043460400Low-Income Community
MinnesotaFillmore27045960500Low-Income Community
MinnesotaFreeborn27047180600Low-Income Community
MinnesotaGoodhue27049080200Low-Income Community
MinnesotaHubbard27057070600Low-Income Community
MinnesotaIsanti27059130301Low-Income Community
MinnesotaItasca27061480500Low-Income Community
MinnesotaItasca27061480300Low-Income Community
MinnesotaJackson27063480400Low-Income Community
MinnesotaKanabec27065480300Low-Income Community
MinnesotaKandiyohi27067780800Low-Income Community
MinnesotaKoochiching27071790100Low-Income Community
MinnesotaLake27075370300Low-Income Community
MinnesotaLake of the Woods27077460300Low-Income Community
MinnesotaLyon27083360500Low-Income Community
MinnesotaMahnomen27087940100Low-Income Community
MinnesotaMartin27091790600Low-Income Community
MinnesotaMeeker27093560300Low-Income Community
MinnesotaMille Lacs27095970100Low-Income Community
MinnesotaMille Lacs27095970200Low-Income Community
MinnesotaMille Lacs27095170500Low-Income Community
MinnesotaMorrison27097780600Low-Income Community
MinnesotaMower27099000410Low-Income Community

October 20, 2025 578 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
MinnesotaNobles27105105400Low-Income Community
MinnesotaOtter Tail27111960300Low-Income Community
MinnesotaPennington27113090200Low-Income Community
MinnesotaPennington27113090400Low-Income Community
MinnesotaPine27115950400Low-Income Community
MinnesotaPine27115950500Low-Income Community
MinnesotaPine27115950700Low-Income Community
MinnesotaPipestone27117460200Low-Income Community
MinnesotaPolk27119021000Low-Income Community
MinnesotaRedwood27127750300Low-Income Community
MinnesotaRenville27129790500Low-Income Community
MinnesotaRice27131070700Low-Income Community
MinnesotaRock27133570300Low-Income Community
MinnesotaSt. Louis27137013100Low-Income Community
MinnesotaSt. Louis27137012400Low-Income Community
MinnesotaSt. Louis27137015500Low-Income Community
MinnesotaSt. Louis27137015300Low-Income Community
MinnesotaSteele27147960400Low-Income Community
MinnesotaStevens27149480200Low-Income Community
MinnesotaSwift27151960400Low-Income Community
MinnesotaTodd27153790600Low-Income Community
MinnesotaWabasha27157490300Low-Income Community
MinnesotaWadena27159480300Low-Income Community
MinnesotaWaseca27161790500Low-Income Community
MinnesotaWinona27169670500Low-Income Community
MinnesotaYellow Medicine27173970100Low-Income Community
MississippiAdams28001000200Low-Income Community
MississippiAdams28001000700Low-Income Community
MississippiAdams28001000800Low-Income Community
MississippiAlcorn28003950600Low-Income Community
MississippiAlcorn28003950500Low-Income Community
MississippiAttala28007060600Low-Income Community
MississippiBolivar28011950701Low-Income Community
MississippiChickasaw28017950300Low-Income Community
MississippiChoctaw28019950200Low-Income Community
MississippiClaiborne28021950300Low-Income Community
MississippiCoahoma28027950300Low-Income Community
MississippiCovington28031950200Low-Income Community
MississippiDeSoto28033070101Low-Income Community
MississippiForrest28035010700Low-Income Community
MississippiForrest28035010500Low-Income Community
MississippiForrest28035000600Low-Income Community

Bulletin No. 2025–43 579 October 20, 2025
StateCountyCensus Tract NumberTract Type
MississippiForrest28035010600Low-Income Community
MississippiForrest28035010200Low-Income Community
MississippiForrest28035000800Low-Income Community
MississippiHancock28045030300Low-Income Community
MississippiHancock28045030100Low-Income Community
MississippiJackson28059041300Low-Income Community
MississippiJackson28059042900Low-Income Community
MississippiJones28067950600Low-Income Community
MississippiJones28067950500Low-Income Community
MississippiLafayette28071950401Low-Income Community
MississippiLafayette28071950201Low-Income Community
MississippiLafayette28071950202Low-Income Community
MississippiLamar28073020600Low-Income Community
MississippiLauderdale28075010700Low-Income Community
MississippiLauderdale28075000700Low-Income Community
MississippiLee28081950602Low-Income Community
MississippiLee28081950401Low-Income Community
MississippiLee28081950700Low-Income Community
MississippiLee28081950500Low-Income Community
MississippiLee28081951002Low-Income Community
MississippiLeflore28083950800Low-Income Community
MississippiLeflore28083950400Low-Income Community
MississippiLincoln28085950600Low-Income Community
MississippiLincoln28085950200Low-Income Community
MississippiLowndes28087001000Non-LIC Contiguous
MississippiLowndes28087000900Low-Income Community
MississippiMadison28089030500Low-Income Community
MississippiMadison28089030600Low-Income Community
MississippiMarion28091950400Low-Income Community
MississippiMarion28091950500Low-Income Community
MississippiMarion28091950200Low-Income Community
MississippiMarshall28093950100Non-LIC Contiguous
MississippiMarshall28093950300Low-Income Community
MississippiMonroe28095950400Low-Income Community
MississippiNeshoba28099940100Low-Income Community
MississippiOktibbeha28105950100Low-Income Community
MississippiOktibbeha28105950500Low-Income Community
MississippiOktibbeha28105950602Low-Income Community
MississippiPanola28107950300Low-Income Community
MississippiPearl River28109950600Low-Income Community
MississippiPike28113950600Low-Income Community
MississippiPike28113950500Low-Income Community

October 20, 2025 580 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
MississippiPike28113950700Low-Income Community
MississippiSimpson28127950500Low-Income Community
MississippiSimpson28127950200Low-Income Community
MississippiSunflower28133950402Low-Income Community
MississippiSunflower28133950300Low-Income Community
MississippiSunflower28133950500Low-Income Community
MississippiSunflower28133950600Low-Income Community
MississippiTate28137950400Low-Income Community
MississippiTishomingo28141950300Low-Income Community
MississippiTunica28143950100Low-Income Community
MississippiUnion28145950500Low-Income Community
MississippiWarren28149950100Low-Income Community
MississippiWarren28149950300Low-Income Community
MississippiWarren28149950500Low-Income Community
MississippiWashington28151000300Low-Income Community
MississippiWashington28151000600Low-Income Community
MississippiWayne28153950200Low-Income Community
MississippiWinston28159950400Low-Income Community
MississippiWinston28159950300Low-Income Community
MissouriAdair29001950300Low-Income Community
MissouriAdair29001950500Low-Income Community
MissouriAdair29001950400Non-LIC Contiguous
MissouriAdair29001950900Low-Income Community
MissouriAudrain29007950400Low-Income Community
MissouriBarry29009960300Low-Income Community
MissouriBenton29015460300Low-Income Community
MissouriBenton29015460700Low-Income Community
MissouriButler29023950800Low-Income Community
MissouriButler29023950400Low-Income Community
MissouriButler29023950500Low-Income Community
MissouriCaldwell29025950200Low-Income Community
MissouriCamden29029951200Low-Income Community
MissouriCape Girardeau29031881600Low-Income Community
MissouriCape Girardeau29031881400Low-Income Community
MissouriClay29047021702Low-Income Community
MissouriClay29047021701Low-Income Community
MissouriCole29051020700Low-Income Community
MissouriCole29051010600Low-Income Community
MissouriCole29051010500Low-Income Community
MissouriDallas29059480200Low-Income Community
MissouriDunklin29069360600Low-Income Community
MissouriDunklin29069360500Low-Income Community

Bulletin No. 2025–43 581 October 20, 2025
StateCountyCensus Tract NumberTract Type
MissouriHowell29091090700Low-Income Community
MissouriHowell29091090300Low-Income Community
MissouriJohnson29101960600Low-Income Community
MissouriJohnson29101960400Low-Income Community
MissouriLaclede29105960600Low-Income Community
MissouriLaclede29105960400Low-Income Community
MissouriLaclede29105960500Low-Income Community
MissouriLaclede29105960100Low-Income Community
MissouriLafayette29107090100Low-Income Community
MissouriLafayette29107090300Low-Income Community
MissouriMarion29127960800Low-Income Community
MissouriMontgomery29139970300Non-LIC Contiguous
MissouriMontgomery29139970200Low-Income Community
MissouriNew Madrid29143960300Low-Income Community
MissouriNew Madrid29143960400Low-Income Community
MissouriNew Madrid29143960600Low-Income Community
MissouriNew Madrid29143960200Low-Income Community
MissouriNew Madrid29143960100Non-LIC Contiguous
MissouriNewton29145020800Low-Income Community
MissouriNewton29145020200Non-LIC Contiguous
MissouriNodaway29147470300Low-Income Community
MissouriNodaway29147470400Low-Income Community
MissouriPemiscot29155470400Low-Income Community
MissouriPolk29167960400Non-LIC Contiguous
MissouriPolk29167960100Low-Income Community
MissouriPulaski29169470102Low-Income Community
MissouriPulaski29169470101Low-Income Community
MissouriRandolph29175490300Low-Income Community
MissouriRipley29181870300Low-Income Community
MissouriSaline29195090100Low-Income Community
MissouriSaline29195090400Low-Income Community
MissouriScott29201780600Low-Income Community
MissouriSullivan29211480300Low-Income Community
MissouriSullivan29211480100Low-Income Community
MissouriTaney29213480105Low-Income Community
MissouriWarren29219820101Low-Income Community
MissouriWarren29219820102Low-Income Community
MissouriWashington29221460300Low-Income Community
MissouriWashington29221460400Low-Income Community
MissouriWayne29223690300Low-Income Community
MontanaBig Horn30003940600Low-Income Community
MontanaBlaine30005940100Low-Income Community

October 20, 2025 582 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
MontanaCarbon30009000300Low-Income Community
MontanaCuster30017962000Low-Income Community
MontanaDeer Lodge30023000300Low-Income Community
MontanaFergus30027030200Low-Income Community
MontanaFlathead30029001100Low-Income Community
MontanaGlacier30035940400Low-Income Community
MontanaHill30041940300Low-Income Community
MontanaLewis and Clark30049000800Low-Income Community
MontanaLincoln30053000200Low-Income Community
MontanaMeagher30059000100Low-Income Community
MontanaMineral30061964600Low-Income Community
MontanaRavalli30081000600Low-Income Community
MontanaRoosevelt30085940002Low-Income Community
MontanaRosebud30087940400Low-Income Community
MontanaSanders30089000200Low-Income Community
MontanaSanders30089940300Low-Income Community
MontanaSilver Bow30093000100Low-Income Community
MontanaToole30101000200Low-Income Community
MontanaWheatland30107000100Low-Income Community
NebraskaAdams31001966000Low-Income Community
NebraskaBuffalo31019969300Low-Income Community
NebraskaBuffalo31019969600Low-Income Community
NebraskaColfax31037964800Low-Income Community
NebraskaDawson31047968300Low-Income Community
NebraskaDawson31047968400Low-Income Community
NebraskaDodge31053963800Low-Income Community
NebraskaDodge31053964400Low-Income Community
NebraskaGarfield31071973200Low-Income Community
NebraskaLincoln31111960200Low-Income Community
NebraskaMadison31119961100Low-Income Community
NebraskaMadison31119960700Low-Income Community
NebraskaMerrick31121966800Low-Income Community
NebraskaRed Willow31145963300Low-Income Community
NebraskaScotts Bluff31157953700Low-Income Community
NebraskaThurston31173940200Low-Income Community
NebraskaValley31175971400Low-Income Community
NebraskaYork31185969700Low-Income Community
NevadaChurchill32001950500Low-Income Community
NevadaElko32007951500Low-Income Community
NevadaLyon32019960103Low-Income Community
NevadaLyon32019960201Low-Income Community
NevadaNye32023960401Low-Income Community

Bulletin No. 2025–43 583 October 20, 2025
StateCountyCensus Tract NumberTract Type
NevadaStorey32029970200Non-LIC Contiguous
NevadaWashoe32031940200Low-Income Community
New HampshireBelknap33001966000Low-Income Community
New HampshireCarroll33003955300Low-Income Community
New HampshireCarroll33003955400Low-Income Community
New HampshireCheshire33005971401Low-Income Community
New HampshireCoos33007950200Low-Income Community
New HampshireCoos33007950300Low-Income Community
New HampshireCoos33007950400Low-Income Community
New HampshireCoos33007950500Low-Income Community
New HampshireCoos33007950600Low-Income Community
New HampshireGrafton33009960100Low-Income Community
New HampshireGrafton33009961000Low-Income Community
New HampshireGrafton33009960400Low-Income Community
New HampshireMerrimack33013043001Low-Income Community
New HampshireMerrimack33013043002Low-Income Community
New HampshireRockingham33015055002Low-Income Community
New HampshireStrafford33017084300Low-Income Community
New HampshireStrafford33017084400Low-Income Community
New HampshireStrafford33017080203Low-Income Community
New HampshireStrafford33017083001Low-Income Community
New HampshireStrafford33017081400Low-Income Community
New HampshireSullivan33019975800Low-Income Community
New HampshireSullivan33019975400Low-Income Community
New JerseyAtlantic34001001900Low-Income Community
New JerseyAtlantic34001002300Low-Income Community
New JerseyAtlantic34001002400Low-Income Community
New JerseyAtlantic34001000400Low-Income Community
New JerseyAtlantic34001012702Low-Income Community
New JerseyAtlantic34001010600Low-Income Community
New JerseyAtlantic34001012100Low-Income Community
New JerseyAtlantic34001011702Low-Income Community
New JerseyBurlington34005702207Low-Income Community
New JerseyCape May34009021400Low-Income Community
New JerseyCape May34009021804Low-Income Community
New JerseyCumberland34011020503Low-Income Community
New JerseyCumberland34011020100Low-Income Community
New JerseyHunterdon34019011400Low-Income Community
New JerseySalem34033022100Low-Income Community
New JerseySussex34037371200Low-Income Community
New MexicoChaves35005001300Low-Income Community
New MexicoChaves35005001101Low-Income Community

October 20, 2025 584 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
New MexicoChaves35005000700Low-Income Community
New MexicoCibola35006974400Low-Income Community
New MexicoCibola35006946100Low-Income Community
New MexicoColfax35007950500Low-Income Community
New MexicoCurry35009000603Low-Income Community
New MexicoCurry35009000400Low-Income Community
New MexicoEddy35015000800Low-Income Community
New MexicoEddy35015000100Low-Income Community
New MexicoGrant35017964400Low-Income Community
New MexicoHidalgo35023970200Low-Income Community
New MexicoLea35025000300Low-Income Community
New MexicoLuna35029000500Low-Income Community
New MexicoMcKinley35031946000Low-Income Community
New MexicoMcKinley35031945200Low-Income Community
New MexicoMcKinley35031943902Low-Income Community
New MexicoQuay35037958601Low-Income Community
New MexicoRio Arriba35039941000Low-Income Community
New MexicoRio Arriba35039000300Low-Income Community
New MexicoRoosevelt35041000300Low-Income Community
New MexicoSan Juan35045000402Low-Income Community
New MexicoSan Juan35045000401Low-Income Community
New MexicoSan Juan35045943000Low-Income Community
New MexicoSan Juan35045943201Low-Income Community
New MexicoSan Juan35045000705Low-Income Community
New MexicoSandoval35043940900Low-Income Community
New MexicoSandoval35043940500Low-Income Community
New MexicoSierra35051962401Non-LIC Contiguous
New MexicoSierra35051962300Low-Income Community
New MexicoTaos35055952300Low-Income Community
New MexicoTorrance35057963600Low-Income Community
New MexicoTorrance35057963202Low-Income Community
New MexicoValencia35061971000Low-Income Community
New MexicoValencia35061971400Non-LIC Contiguous
New MexicoValencia35061971300Low-Income Community
New MexicoValencia35061970401Low-Income Community
New YorkAllegany36003950700Low-Income Community
New YorkAllegany36003950800Low-Income Community
New YorkBroome36007000400Low-Income Community
New YorkBroome36007000200Low-Income Community
New YorkBroome36007000500Low-Income Community
New YorkBroome36007013900Low-Income Community
New YorkBroome36007013400Low-Income Community

Bulletin No. 2025–43 585 October 20, 2025
StateCountyCensus Tract NumberTract Type
New YorkBroome36007013500Low-Income Community
New YorkCattaraugus36009961600Low-Income Community
New YorkCattaraugus36009960600Low-Income Community
New YorkCattaraugus36009961700Low-Income Community
New YorkCayuga36011041300Low-Income Community
New YorkChautauqua36013037300Low-Income Community
New YorkChautauqua36013035700Low-Income Community
New YorkChautauqua36013035800Low-Income Community
New YorkChautauqua36013035400Low-Income Community
New YorkChautauqua36013035500Low-Income Community
New YorkChautauqua36013035600Low-Income Community
New YorkChautauqua36013030500Low-Income Community
New YorkChemung36015000700Low-Income Community
New YorkChemung36015000600Low-Income Community
New YorkChemung36015001000Low-Income Community
New YorkChenango36017970400Low-Income Community
New YorkClinton36019101600Low-Income Community
New YorkClinton36019101300Low-Income Community
New YorkColumbia36021001200Low-Income Community
New YorkColumbia36021001300Low-Income Community
New YorkCortland36023970900Low-Income Community
New YorkCortland36023970600Low-Income Community
New YorkDelaware36025970400Low-Income Community
New YorkDelaware36025970600Low-Income Community
New YorkDelaware36025970500Low-Income Community
New YorkDutchess36027640002Low-Income Community
New YorkDutchess36027221100Low-Income Community
New YorkDutchess36027220100Low-Income Community
New YorkDutchess36027210101Low-Income Community
New YorkFranklin36033950501Low-Income Community
New YorkFulton36035971200Low-Income Community
New YorkFulton36035970800Low-Income Community
New YorkFulton36035970700Low-Income Community
New YorkGenesee36037951000Low-Income Community
New YorkGenesee36037950600Low-Income Community
New YorkGreene36039081000Low-Income Community
New YorkHerkimer36043011200Low-Income Community
New YorkHerkimer36043010702Low-Income Community
New YorkJefferson36045062100Low-Income Community
New YorkJefferson36045061400Low-Income Community
New YorkJefferson36045061300Low-Income Community
New YorkLivingston36051030900Low-Income Community

October 20, 2025 586 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
New YorkMontgomery36057070900Low-Income Community
New YorkMontgomery36057070200Low-Income Community
New YorkMontgomery36057072600Low-Income Community
New YorkNiagara36063023700Low-Income Community
New YorkOneida36065026300Low-Income Community
New YorkOneida36065022500Low-Income Community
New YorkOneida36065021900Low-Income Community
New YorkOntario36069051800Low-Income Community
New YorkOntario36069051000Low-Income Community
New YorkOntario36069051100Low-Income Community
New YorkOrange36071002300Low-Income Community
New YorkOrange36071001500Low-Income Community
New YorkOrange36071000400Low-Income Community
New YorkOrange36071002200Low-Income Community
New YorkOrange36071000300Low-Income Community
New YorkOrange36071015100Low-Income Community
New YorkOrleans36073040700Low-Income Community
New YorkOswego36075020302Low-Income Community
New YorkOswego36075020301Low-Income Community
New YorkOswego36075021102Low-Income Community
New YorkOswego36075021605Low-Income Community
New YorkOtsego36077591100Low-Income Community
New YorkSaratoga36091060400Low-Income Community
New YorkSchoharie36095740200Non-LIC Contiguous
New YorkSchoharie36095740400Low-Income Community
New YorkSchuyler36097950500Low-Income Community
New YorkSchuyler36097950300Low-Income Community
New YorkSeneca36099950600Low-Income Community
New YorkSt. Lawrence36089490100Low-Income Community
New YorkSt. Lawrence36089490300Low-Income Community
New YorkSt. Lawrence36089491400Low-Income Community
New YorkSt. Lawrence36089491500Low-Income Community
New YorkSt. Lawrence36089491600Low-Income Community
New YorkSt. Lawrence36089490900Low-Income Community
New YorkSt. Lawrence36089490200Low-Income Community
New YorkSteuben36101960700Low-Income Community
New YorkSteuben36101960800Low-Income Community
New YorkSuffolk36103169704Non-LIC Contiguous
New YorkSuffolk36103169800Low-Income Community
New YorkSullivan36105951500Low-Income Community
New YorkSullivan36105951800Low-Income Community
New YorkSullivan36105950700Low-Income Community

Bulletin No. 2025–43 587 October 20, 2025
StateCountyCensus Tract NumberTract Type
New YorkTioga36107020701Low-Income Community
New YorkTioga36107020600Non-LIC Contiguous
New YorkTompkins36109001100Low-Income Community
New YorkTompkins36109000800Low-Income Community
New YorkUlster36111954800Low-Income Community
New YorkUlster36111952400Low-Income Community
New YorkUlster36111952100Low-Income Community
New YorkUlster36111951700Low-Income Community
New YorkWarren36113070200Low-Income Community
New YorkWarren36113074000Low-Income Community
New YorkWashington36115088000Low-Income Community
New YorkWayne36117021100Low-Income Community
New YorkWayne36117021200Low-Income Community
New YorkWyoming36121970500Low-Income Community
North CarolinaAlexander37003040400Low-Income Community
North CarolinaAlleghany37005950200Low-Income Community
North CarolinaAnson37007920500Low-Income Community
North CarolinaAshe37009970400Low-Income Community
North CarolinaAvery37011930302Low-Income Community
North CarolinaBeaufort37013930400Low-Income Community
North CarolinaBertie37015960200Low-Income Community
North CarolinaBladen37017950400Low-Income Community
North CarolinaBrunswick37019020602Non-LIC Contiguous
North CarolinaBrunswick37019020104Low-Income Community
North CarolinaBrunswick37019020101Low-Income Community
North CarolinaBurke37023021100Low-Income Community
North CarolinaBurke37023020301Non-LIC Contiguous
North CarolinaBurke37023021400Low-Income Community
North CarolinaCaldwell37027030800Low-Income Community
North CarolinaCaldwell37027030300Low-Income Community
North CarolinaCaldwell37027030100Low-Income Community
North CarolinaCaldwell37027031100Low-Income Community
North CarolinaCamden37029950102Non-LIC Contiguous
North CarolinaCarteret37031970304Low-Income Community
North CarolinaCarteret37031970501Low-Income Community
North CarolinaCaswell37033930300Low-Income Community
North CarolinaCatawba37035010900Low-Income Community
North CarolinaCatawba37035011300Low-Income Community
North CarolinaChatham37037020600Low-Income Community
North CarolinaChatham37037020300Low-Income Community
North CarolinaCherokee37039930200Low-Income Community
North CarolinaChowan37041930200Low-Income Community

October 20, 2025 588 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
North CarolinaClay37043950200Low-Income Community
North CarolinaCleveland37045950500Low-Income Community
North CarolinaCleveland37045951000Low-Income Community
North CarolinaColumbus37047930900Low-Income Community
North CarolinaColumbus37047931200Low-Income Community
North CarolinaColumbus37047930600Low-Income Community
North CarolinaCraven37049960900Low-Income Community
North CarolinaCurrituck37053110302Low-Income Community
North CarolinaDare37055970501Low-Income Community
North CarolinaDavie37059080500Low-Income Community
North CarolinaDuplin37061090300Low-Income Community
North CarolinaDuplin37061090702Low-Income Community
North CarolinaEdgecombe37065021000Low-Income Community
North CarolinaEdgecombe37065020900Low-Income Community
North CarolinaFranklin37069060600Non-LIC Contiguous
North CarolinaFranklin37069060802Low-Income Community
North CarolinaGaston37071030601Low-Income Community
North CarolinaGates37073970200Non-LIC Contiguous
North CarolinaGraham37075920300Low-Income Community
North CarolinaGranville37077970300Low-Income Community
North CarolinaGreene37079950101Low-Income Community
North CarolinaHalifax37083930900Low-Income Community
North CarolinaHalifax37083930400Low-Income Community
North CarolinaHarnett37085070801Low-Income Community
North CarolinaHarnett37085070200Low-Income Community
North CarolinaHarnett37085070100Low-Income Community
North CarolinaHaywood37087920300Low-Income Community
North CarolinaHenderson37089931000Low-Income Community
North CarolinaHertford37091950100Low-Income Community
North CarolinaHoke37093970300Low-Income Community
North CarolinaHyde37095920100Low-Income Community
North CarolinaIredell37097061301Low-Income Community
North CarolinaIredell37097060200Low-Income Community
North CarolinaIredell37097060100Low-Income Community
North CarolinaJackson37099950600Low-Income Community
North CarolinaJohnston37101040901Low-Income Community
North CarolinaJohnston37101040400Low-Income Community
North CarolinaJohnston37101040301Low-Income Community
North CarolinaJohnston37101041001Low-Income Community
North CarolinaJones37103920100Low-Income Community
North CarolinaLee37105030200Low-Income Community
North CarolinaLenoir37107010800Non-LIC Contiguous

Bulletin No. 2025–43 589 October 20, 2025
StateCountyCensus Tract NumberTract Type
North CarolinaLenoir37107010100Low-Income Community
North CarolinaLenoir37107010900Low-Income Community
North CarolinaLincoln37109070800Low-Income Community
North CarolinaMacon37113970301Low-Income Community
North CarolinaMadison37115010200Low-Income Community
North CarolinaMartin37117970200Low-Income Community
North CarolinaMcDowell37111970500Low-Income Community
North CarolinaMcDowell37111970700Low-Income Community
North CarolinaMitchell37121950300Low-Income Community
North CarolinaMontgomery37123960100Low-Income Community
North CarolinaMoore37125950200Low-Income Community
North CarolinaNash37127011500Low-Income Community
North CarolinaNorthampton37131920401Low-Income Community
North CarolinaPamlico37137950102Low-Income Community
North CarolinaPasquotank37139960200Low-Income Community
North CarolinaPasquotank37139960100Low-Income Community
North CarolinaPender37141920601Low-Income Community
North CarolinaPender37141920602Low-Income Community
North CarolinaPerquimans37143920201Low-Income Community
North CarolinaPerson37145920200Low-Income Community
North CarolinaPerson37145920100Low-Income Community
North CarolinaPitt37147001800Low-Income Community
North CarolinaPolk37149920200Non-LIC Contiguous
North CarolinaRandolph37151031400Low-Income Community
North CarolinaRandolph37151031200Low-Income Community
North CarolinaRandolph37151031000Low-Income Community
North CarolinaRichmond37153971100Low-Income Community
North CarolinaRichmond37153970300Low-Income Community
North CarolinaRobeson37155960102Low-Income Community
North CarolinaRobeson37155960201Low-Income Community
North CarolinaRobeson37155960502Low-Income Community
North CarolinaRobeson37155960801Low-Income Community
North CarolinaRobeson37155960401Low-Income Community
North CarolinaRobeson37155960600Low-Income Community
North CarolinaRobeson37155960101Low-Income Community
North CarolinaRockingham37157040900Low-Income Community
North CarolinaRockingham37157041300Low-Income Community
North CarolinaRockingham37157040200Low-Income Community
North CarolinaRutherford37161961101Low-Income Community
North CarolinaRutherford37161960900Low-Income Community
North CarolinaRutherford37161960200Low-Income Community
North CarolinaSampson37163970100Low-Income Community

October 20, 2025 590 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
North CarolinaSampson37163970600Low-Income Community
North CarolinaScotland37165010400Low-Income Community
North CarolinaStanly37167931000Low-Income Community
North CarolinaStokes37169070501Low-Income Community
North CarolinaSurry37171930600Low-Income Community
North CarolinaSurry37171931002Low-Income Community
North CarolinaSurry37171930400Low-Income Community
North CarolinaSwain37173960200Low-Income Community
North CarolinaTransylvania37175960100Low-Income Community
North CarolinaTyrrell37177960100Low-Income Community
North CarolinaVance37181960500Low-Income Community
North CarolinaWarren37185950200Low-Income Community
North CarolinaWashington37187950200Low-Income Community
North CarolinaWatauga37189920601Low-Income Community
North CarolinaWayne37191000901Low-Income Community
North CarolinaWayne37191001500Low-Income Community
North CarolinaWayne37191001900Low-Income Community
North CarolinaWayne37191001800Low-Income Community
North CarolinaWilkes37193961100Low-Income Community
North CarolinaWilkes37193961001Non-LIC Contiguous
North CarolinaWilkes37193960600Low-Income Community
North CarolinaWilson37195000801Low-Income Community
North CarolinaWilson37195000100Low-Income Community
North CarolinaWilson37195001100Non-LIC Contiguous
North CarolinaYadkin37197050501Low-Income Community
North CarolinaYancey37199960300Low-Income Community
North DakotaBarnes38003968200Low-Income Community
North DakotaBenson38005940100Low-Income Community
North DakotaDickey38021973400Low-Income Community
North DakotaEmmons38029966500Low-Income Community
North DakotaMcKenzie38053940100Low-Income Community
North DakotaMorton38059020500Low-Income Community
North DakotaRolette38079941800Low-Income Community
North DakotaRolette38079951700Low-Income Community
North DakotaRolette38079951600Low-Income Community
North DakotaSioux38085940900Low-Income Community
North DakotaStutsman38093967800Low-Income Community
North DakotaWalsh38099958000Low-Income Community
North DakotaWard38101010100Low-Income Community
North DakotaWells38103959800Low-Income Community
Northern Mariana IslandsRota69100950100Low-Income Community
Northern Mariana IslandsSaipan69110000100Low-Income Community

Bulletin No. 2025–43 591 October 20, 2025
StateCountyCensus Tract NumberTract Type
Northern Mariana IslandsSaipan69110000200Low-Income Community
Northern Mariana IslandsSaipan69110000900Low-Income Community
Northern Mariana IslandsSaipan69110000400Low-Income Community
Northern Mariana IslandsSaipan69110000300Low-Income Community
Northern Mariana IslandsSaipan69110000500Low-Income Community
Northern Mariana IslandsSaipan69110001500Low-Income Community
Northern Mariana IslandsSaipan69110001400Low-Income Community
Northern Mariana IslandsSaipan69110001600Low-Income Community
Northern Mariana IslandsSaipan69110001700Low-Income Community
Northern Mariana IslandsSaipan69110001100Low-Income Community
Northern Mariana IslandsSaipan69110001000Low-Income Community
Northern Mariana IslandsSaipan69110001200Low-Income Community
Northern Mariana IslandsSaipan69110000600Low-Income Community
Northern Mariana IslandsSaipan69110001300Low-Income Community
Northern Mariana IslandsSaipan69110000700Low-Income Community
Northern Mariana IslandsSaipan69110000800Low-Income Community
Northern Mariana IslandsTinian69120950101Low-Income Community
Northern Mariana IslandsTinian69120950200Low-Income Community
OhioAdams39001770200Low-Income Community
OhioAllen39003012900Low-Income Community
OhioAllen39003012600Low-Income Community
OhioAllen39003014100Low-Income Community
OhioAshtabula39007000400Low-Income Community
OhioAshtabula39007000103Low-Income Community
OhioAthens39009973902Low-Income Community
OhioAthens39009973800Low-Income Community
OhioAthens39009973400Low-Income Community
OhioAthens39009972800Low-Income Community
OhioBelmont39013010802Low-Income Community
OhioBelmont39013011700Low-Income Community
OhioBrown39015951202Low-Income Community
OhioBrown39015951300Low-Income Community
OhioCarroll39019720500Low-Income Community
OhioChampaign39021010500Low-Income Community
OhioClinton39027964700Low-Income Community
OhioColumbiana39029951800Low-Income Community
OhioCrawford39033974400Low-Income Community
OhioCrawford39033974900Low-Income Community
OhioDefiance39039958600Low-Income Community
OhioDefiance39039958500Low-Income Community
OhioErie39043040800Low-Income Community
OhioErie39043040500Low-Income Community

October 20, 2025 592 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
OhioFairfield39045032200Low-Income Community
OhioFairfield39045031700Low-Income Community
OhioFayette39047926200Low-Income Community
OhioGallia39053953600Low-Income Community
OhioGeauga39055312400Low-Income Community
OhioGreene39057240600Low-Income Community
OhioGreene39057240200Low-Income Community
OhioGuernsey39059977900Low-Income Community
OhioHancock39063000100Low-Income Community
OhioHarrison39067975600Low-Income Community
OhioHenry39069000400Low-Income Community
OhioHighland39071954400Low-Income Community
OhioHighland39071954800Low-Income Community
OhioHocking39073965200Low-Income Community
OhioHolmes39075976600Low-Income Community
OhioJackson39079957700Low-Income Community
OhioJackson39079957200Low-Income Community
OhioJefferson39081011800Low-Income Community
OhioJefferson39081000800Low-Income Community
OhioJefferson39081012300Low-Income Community
OhioKnox39083007100Low-Income Community
OhioLawrence39087050700Low-Income Community
OhioLawrence39087050200Low-Income Community
OhioLicking39089753100Low-Income Community
OhioLicking39089758300Low-Income Community
OhioLogan39091004500Low-Income Community
OhioMahoning39099811100Non-LIC Contiguous
OhioMarion39101000100Low-Income Community
OhioMedina39103408201Low-Income Community
OhioMedina39103411002Low-Income Community
OhioMeigs39105964400Low-Income Community
OhioMercer39107967400Low-Income Community
OhioMiami39109315300Low-Income Community
OhioMonroe39111966600Low-Income Community
OhioMorgan39115968900Low-Income Community
OhioMuskingum39119912100Low-Income Community
OhioMuskingum39119911800Low-Income Community
OhioNoble39121968500Low-Income Community
OhioPerry39127966200Low-Income Community
OhioPerry39127965900Non-LIC Contiguous
OhioPickaway39129020400Low-Income Community
OhioPike39131952300Low-Income Community

Bulletin No. 2025–43 593 October 20, 2025
StateCountyCensus Tract NumberTract Type
OhioPortage39133600603Low-Income Community
OhioRichland39139000600Low-Income Community
OhioRichland39139000500Low-Income Community
OhioRichland39139003100Low-Income Community
OhioRoss39141956300Low-Income Community
OhioRoss39141956500Low-Income Community
OhioRoss39141955603Low-Income Community
OhioSandusky39143961600Low-Income Community
OhioScioto39145003600Low-Income Community
OhioScioto39145003100Low-Income Community
OhioScioto39145002600Low-Income Community
OhioScioto39145003500Low-Income Community
OhioSeneca39147963200Low-Income Community
OhioStark39151710400Low-Income Community
OhioTuscarawas39157021100Low-Income Community
OhioTuscarawas39157022001Low-Income Community
OhioUnion39159050500Low-Income Community
OhioVan Wert39161020600Low-Income Community
OhioVan Wert39161020700Low-Income Community
OhioVinton39163953100Low-Income Community
OhioWashington39167020500Low-Income Community
OhioWayne39169003400Low-Income Community
OhioWayne39169001200Low-Income Community
OhioWilliams39171950600Low-Income Community
OhioWood39173021701Low-Income Community
OhioWyandot39175938400Low-Income Community
OklahomaAdair40001376900Low-Income Community
OklahomaAtoka40005587700Low-Income Community
OklahomaBlaine40011958800Low-Income Community
OklahomaBryan40013796300Low-Income Community
OklahomaBryan40013796500Low-Income Community
OklahomaCaddo40015162100Low-Income Community
OklahomaCarter40019892800Low-Income Community
OklahomaCherokee40021978100Low-Income Community
OklahomaChoctaw40023967200Low-Income Community
OklahomaCraig40035373300Low-Income Community
OklahomaCreek40037021000Low-Income Community
OklahomaCuster40039950800Low-Income Community
OklahomaCuster40039960600Low-Income Community
OklahomaDelaware40041376000Low-Income Community
OklahomaGarvin40049681400Low-Income Community
OklahomaGrady40051000100Low-Income Community

October 20, 2025 594 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
OklahomaJackson40065968700Low-Income Community
OklahomaJohnston40069660200Low-Income Community
OklahomaKay40071000100Low-Income Community
OklahomaKay40071001301Low-Income Community
OklahomaKiowa40075963700Low-Income Community
OklahomaLatimer40077087200Low-Income Community
OklahomaLe Flore40079040402Low-Income Community
OklahomaLe Flore40079040302Low-Income Community
OklahomaLe Flore40079040303Non-LIC Contiguous
OklahomaLogan40083600300Low-Income Community
OklahomaLogan40083600600Low-Income Community
OklahomaMarshall40095094802Non-LIC Contiguous
OklahomaMarshall40095094801Low-Income Community
OklahomaMayes40097040400Low-Income Community
OklahomaMcCurtain40089098600Low-Income Community
OklahomaMcCurtain40089098500Low-Income Community
OklahomaMcCurtain40089098200Low-Income Community
OklahomaMcCurtain40089098700Low-Income Community
OklahomaMcIntosh40091780200Low-Income Community
OklahomaMcIntosh40091779700Low-Income Community
OklahomaMuskogee40101000400Low-Income Community
OklahomaMuskogee40101000600Low-Income Community
OklahomaOkfuskee40107080900Low-Income Community
OklahomaOkmulgee40111000200Low-Income Community
OklahomaOkmulgee40111000100Low-Income Community
OklahomaOsage40113940002Low-Income Community
OklahomaOttawa40115574900Low-Income Community
OklahomaOttawa40115574600Low-Income Community
OklahomaOttawa40115574100Low-Income Community
OklahomaPawnee40117957500Low-Income Community
OklahomaPayne40119011301Low-Income Community
OklahomaPayne40119011302Low-Income Community
OklahomaPayne40119010700Low-Income Community
OklahomaPayne40119010200Low-Income Community
OklahomaPittsburg40121486400Low-Income Community
OklahomaPontotoc40123089000Low-Income Community
OklahomaPontotoc40123089100Low-Income Community
OklahomaPottawatomie40125500200Low-Income Community
OklahomaPottawatomie40125501300Low-Income Community
OklahomaPottawatomie40125501001Low-Income Community
OklahomaRogers40131050101Low-Income Community
OklahomaSeminole40133583300Low-Income Community

Bulletin No. 2025–43 595 October 20, 2025
StateCountyCensus Tract NumberTract Type
OklahomaSeminole40133583500Low-Income Community
OklahomaSeminole40133583400Low-Income Community
OklahomaSeminole40133583600Low-Income Community
OklahomaSequoyah40135030302Low-Income Community
OklahomaStephens40137000600Low-Income Community
OklahomaTillman40141070400Low-Income Community
OklahomaWagoner40145030102Low-Income Community
OklahomaWashington40147000300Low-Income Community
OregonBaker41001950500Low-Income Community
OregonClatsop41007950300Low-Income Community
OregonColumbia41009970700Low-Income Community
OregonCoos41011000504Low-Income Community
OregonCoos41011000300Low-Income Community
OregonCrook41013950300Low-Income Community
OregonCurry41015950100Low-Income Community
OregonDeschutes41017000900Low-Income Community
OregonDouglas41019130000Low-Income Community
OregonDouglas41019010000Low-Income Community
OregonHarney41025960100Low-Income Community
OregonHood River41027950300Low-Income Community
OregonHood River41027950100Non-LIC Contiguous
OregonJefferson41031960202Low-Income Community
OregonJefferson41031940000Low-Income Community
OregonJosephine41033360500Low-Income Community
OregonKlamath41035970200Low-Income Community
OregonKlamath41035971800Low-Income Community
OregonLake41037960200Low-Income Community
OregonLincoln41041950304Low-Income Community
OregonMalheur41045970500Low-Income Community
OregonMalheur41045970300Low-Income Community
OregonMarion41047010303Non-LIC Contiguous
OregonMarion41047010305Low-Income Community
OregonPolk41053020202Low-Income Community
OregonSherman41055950100Low-Income Community
OregonTillamook41057960200Low-Income Community
OregonUmatilla41059950200Low-Income Community
OregonUmatilla41059940000Low-Income Community
OregonUmatilla41059951000Low-Income Community
OregonUnion41061970800Low-Income Community
OregonWasco41065970500Low-Income Community
OregonWasco41065970400Low-Income Community
OregonWashington41067033200Low-Income Community

October 20, 2025 596 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
OregonYamhill41071030502Low-Income Community
OregonYamhill41071030202Low-Income Community
OregonYamhill41071030601Low-Income Community
PennsylvaniaBeaver42007602800Low-Income Community
PennsylvaniaBlair42013100700Low-Income Community
PennsylvaniaBlair42013100300Low-Income Community
PennsylvaniaBlair42013101800Low-Income Community
PennsylvaniaBlair42013101700Low-Income Community
PennsylvaniaBlair42013101900Low-Income Community
PennsylvaniaBradford42015951000Low-Income Community
PennsylvaniaButler42019902400Low-Income Community
PennsylvaniaCambria42021000100Low-Income Community
PennsylvaniaCambria42021000200Low-Income Community
PennsylvaniaCambria42021000300Low-Income Community
PennsylvaniaCambria42021013400Low-Income Community
PennsylvaniaCambria42021013500Low-Income Community
PennsylvaniaCameron42023960100Low-Income Community
PennsylvaniaCentre42027010400Non-LIC Contiguous
PennsylvaniaCentre42027010300Low-Income Community
PennsylvaniaCentre42027012500Low-Income Community
PennsylvaniaCentre42027011100Low-Income Community
PennsylvaniaClarion42031160102Low-Income Community
PennsylvaniaClarion42031160600Low-Income Community
PennsylvaniaClearfield42033331100Low-Income Community
PennsylvaniaClearfield42033331200Low-Income Community
PennsylvaniaClearfield42033330300Low-Income Community
PennsylvaniaClearfield42033330400Non-LIC Contiguous
PennsylvaniaClearfield42033330100Non-LIC Contiguous
PennsylvaniaClearfield42033330200Low-Income Community
PennsylvaniaClinton42035030100Low-Income Community
PennsylvaniaClinton42035030600Low-Income Community
PennsylvaniaClinton42035030700Low-Income Community
PennsylvaniaColumbia42037051200Low-Income Community
PennsylvaniaColumbia42037050600Low-Income Community
PennsylvaniaFayette42051260800Low-Income Community
PennsylvaniaFayette42051260700Low-Income Community
PennsylvaniaGreene42059970100Low-Income Community
PennsylvaniaIndiana42063961000Low-Income Community
PennsylvaniaIndiana42063961101Low-Income Community
PennsylvaniaIndiana42063961102Low-Income Community
PennsylvaniaJefferson42065950100Non-LIC Contiguous
PennsylvaniaJefferson42065950200Low-Income Community

Bulletin No. 2025–43 597 October 20, 2025
StateCountyCensus Tract NumberTract Type
PennsylvaniaLawrence42073000400Low-Income Community
PennsylvaniaLawrence42073000800Low-Income Community
PennsylvaniaLawrence42073000700Low-Income Community
PennsylvaniaLawrence42073000900Low-Income Community
PennsylvaniaLebanon42075000100Low-Income Community
PennsylvaniaLebanon42075000200Low-Income Community
PennsylvaniaLuzerne42079217001Low-Income Community
PennsylvaniaLuzerne42079217500Low-Income Community
PennsylvaniaLuzerne42079217300Non-LIC Contiguous
PennsylvaniaLuzerne42079217400Low-Income Community
PennsylvaniaLycoming42081000400Low-Income Community
PennsylvaniaLycoming42081000600Low-Income Community
PennsylvaniaLycoming42081000900Low-Income Community
PennsylvaniaMcKean42083420300Low-Income Community
PennsylvaniaMcKean42083420200Low-Income Community
PennsylvaniaMercer42085033200Low-Income Community
PennsylvaniaMercer42085030300Low-Income Community
PennsylvaniaMonroe42089300800Low-Income Community
PennsylvaniaMontour42093050300Low-Income Community
PennsylvaniaNorthumberland42097082000Low-Income Community
PennsylvaniaNorthumberland42097081500Low-Income Community
PennsylvaniaSchuylkill42107002600Low-Income Community
PennsylvaniaSchuylkill42107002700Low-Income Community
PennsylvaniaSchuylkill42107001300Low-Income Community
PennsylvaniaSomerset42111021100Low-Income Community
PennsylvaniaVenango42121200900Low-Income Community
PennsylvaniaVenango42121200700Low-Income Community
PennsylvaniaVenango42121200500Low-Income Community
PennsylvaniaWarren42123970900Low-Income Community
PennsylvaniaWarren42123970800Low-Income Community
PennsylvaniaWashington42125783200Low-Income Community
PennsylvaniaWashington42125783300Low-Income Community
PennsylvaniaYork42133000600Low-Income Community
PennsylvaniaYork42133000300Low-Income Community
PennsylvaniaYork42133001600Low-Income Community
PennsylvaniaYork42133001200Low-Income Community
PennsylvaniaYork42133001000Low-Income Community
Puerto RicoAdjuntas72001956600Low-Income Community
Puerto RicoAdjuntas72001956800Low-Income Community
Puerto RicoAdjuntas72001956700Low-Income Community
Puerto RicoAdjuntas72001956400Low-Income Community
Puerto RicoAdjuntas72001956300Low-Income Community

October 20, 2025 598 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
Puerto RicoAdjuntas72001956500Low-Income Community
Puerto RicoAguada72003430401Low-Income Community
Puerto RicoAguada72003430300Low-Income Community
Puerto RicoAguada72003430402Low-Income Community
Puerto RicoAguada72003430100Low-Income Community
Puerto RicoAguada72003430200Low-Income Community
Puerto RicoAguada72003430502Low-Income Community
Puerto RicoAguada72003430601Low-Income Community
Puerto RicoAguada72003430602Low-Income Community
Puerto RicoAguada72003430501Low-Income Community
Puerto RicoAguadilla72005401402Low-Income Community
Puerto RicoAguadilla72005401200Low-Income Community
Puerto RicoAguadilla72005401301Low-Income Community
Puerto RicoAguadilla72005401401Low-Income Community
Puerto RicoAguadilla72005401302Low-Income Community
Puerto RicoAguadilla72005400900Low-Income Community
Puerto RicoAguadilla72005400800Low-Income Community
Puerto RicoAguadilla72005401100Low-Income Community
Puerto RicoAguadilla72005401000Low-Income Community
Puerto RicoAguadilla72005400502Low-Income Community
Puerto RicoAguadilla72005400501Low-Income Community
Puerto RicoAguadilla72005400600Low-Income Community
Puerto RicoAguadilla72005400700Low-Income Community
Puerto RicoAguadilla72005400300Low-Income Community
Puerto RicoAguadilla72005400100Low-Income Community
Puerto RicoAguadilla72005400400Low-Income Community
Puerto RicoAibonito72009250200Low-Income Community
Puerto RicoAibonito72009250400Low-Income Community
Puerto RicoAibonito72009250300Low-Income Community
Puerto RicoAibonito72009250600Low-Income Community
Puerto RicoAibonito72009250500Low-Income Community
Puerto RicoAñasco72011810700Low-Income Community
Puerto RicoAñasco72011810300Low-Income Community
Puerto RicoAñasco72011810500Low-Income Community
Puerto RicoAñasco72011810400Low-Income Community
Puerto RicoAñasco72011810600Low-Income Community
Puerto RicoAñasco72011810100Low-Income Community
Puerto RicoArecibo72013300301Low-Income Community
Puerto RicoArecibo72013300200Low-Income Community
Puerto RicoArecibo72013300400Low-Income Community
Puerto RicoArecibo72013300302Low-Income Community
Puerto RicoArecibo72013300101Low-Income Community

Bulletin No. 2025–43 599 October 20, 2025
StateCountyCensus Tract NumberTract Type
Puerto RicoArecibo72013300102Low-Income Community
Puerto RicoArecibo72013301300Low-Income Community
Puerto RicoArecibo72013301200Low-Income Community
Puerto RicoArecibo72013301400Low-Income Community
Puerto RicoArecibo72013300700Low-Income Community
Puerto RicoArecibo72013300500Low-Income Community
Puerto RicoArecibo72013300800Low-Income Community
Puerto RicoArecibo72013301000Low-Income Community
Puerto RicoArecibo72013301900Low-Income Community
Puerto RicoArecibo72013302100Low-Income Community
Puerto RicoArecibo72013302000Low-Income Community
Puerto RicoArecibo72013301500Low-Income Community
Puerto RicoArecibo72013302201Low-Income Community
Puerto RicoArecibo72013301600Low-Income Community
Puerto RicoArecibo72013301700Low-Income Community
Puerto RicoArecibo72013301100Low-Income Community
Puerto RicoArecibo72013301800Low-Income Community
Puerto RicoArecibo72013302202Low-Income Community
Puerto RicoArecibo72013302300Low-Income Community
Puerto RicoArroyo72015280201Low-Income Community
Puerto RicoArroyo72015280102Low-Income Community
Puerto RicoArroyo72015280202Low-Income Community
Puerto RicoArroyo72015280101Low-Income Community
Puerto RicoBarceloneta72017590200Low-Income Community
Puerto RicoBarceloneta72017590100Low-Income Community
Puerto RicoBarceloneta72017590300Low-Income Community
Puerto RicoBarceloneta72017590400Low-Income Community
Puerto RicoCamuy72027320200Low-Income Community
Puerto RicoCamuy72027320100Low-Income Community
Puerto RicoCamuy72027320300Low-Income Community
Puerto RicoCamuy72027320401Low-Income Community
Puerto RicoCamuy72027320402Low-Income Community
Puerto RicoCamuy72027320500Low-Income Community
Puerto RicoCamuy72027320600Low-Income Community
Puerto RicoCanóvanas72029100400Low-Income Community
Puerto RicoCeiba72037160201Low-Income Community
Puerto RicoCeiba72037160202Low-Income Community
Puerto RicoCeiba72037160300Low-Income Community
Puerto RicoCiales72039955700Low-Income Community
Puerto RicoCiales72039955600Low-Income Community
Puerto RicoCiales72039955800Low-Income Community
Puerto RicoCiales72039955900Low-Income Community

October 20, 2025 600 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
Puerto RicoCoamo72043954700Low-Income Community
Puerto RicoCoamo72043954000Low-Income Community
Puerto RicoCoamo72043954100Low-Income Community
Puerto RicoCoamo72043954200Low-Income Community
Puerto RicoCoamo72043954400Low-Income Community
Puerto RicoCoamo72043954300Low-Income Community
Puerto RicoCoamo72043954500Low-Income Community
Puerto RicoCoamo72043954600Low-Income Community
Puerto RicoCulebra72049950500Low-Income Community
Puerto RicoDorado72051540300Low-Income Community
Puerto RicoDorado72051540200Low-Income Community
Puerto RicoDorado72051540100Low-Income Community
Puerto RicoFajardo72053150102Low-Income Community
Puerto RicoFajardo72053150104Low-Income Community
Puerto RicoFajardo72053150500Low-Income Community
Puerto RicoFajardo72053150602Low-Income Community
Puerto RicoFajardo72053150601Low-Income Community
Puerto RicoFajardo72053150301Low-Income Community
Puerto RicoFajardo72053150200Low-Income Community
Puerto RicoFajardo72053150400Low-Income Community
Puerto RicoFajardo72053150302Low-Income Community
Puerto RicoFlorida72054580100Low-Income Community
Puerto RicoFlorida72054580200Low-Income Community
Puerto RicoGuánica72055961500Low-Income Community
Puerto RicoGuánica72055961100Low-Income Community
Puerto RicoGuánica72055961300Low-Income Community
Puerto RicoGuánica72055961200Low-Income Community
Puerto RicoGuánica72055961400Low-Income Community
Puerto RicoGuánica72055960900Low-Income Community
Puerto RicoGuánica72055961000Low-Income Community
Puerto RicoGuayama72057270100Low-Income Community
Puerto RicoGuayama72057270600Low-Income Community
Puerto RicoGuayama72057270800Low-Income Community
Puerto RicoGuayama72057270700Low-Income Community
Puerto RicoGuayama72057270202Low-Income Community
Puerto RicoGuayama72057270400Low-Income Community
Puerto RicoGuayama72057270300Low-Income Community
Puerto RicoGuayama72057270500Low-Income Community
Puerto RicoGuayama72057270201Low-Income Community
Puerto RicoGuayanilla72059740101Low-Income Community
Puerto RicoGuayanilla72059740200Low-Income Community
Puerto RicoGuayanilla72059740102Low-Income Community

Bulletin No. 2025–43 601 October 20, 2025
StateCountyCensus Tract NumberTract Type
Puerto RicoGuayanilla72059740300Low-Income Community
Puerto RicoGuayanilla72059740400Low-Income Community
Puerto RicoHatillo72065310400Low-Income Community
Puerto RicoHatillo72065310500Low-Income Community
Puerto RicoHatillo72065310600Low-Income Community
Puerto RicoHatillo72065310100Low-Income Community
Puerto RicoHatillo72065310200Low-Income Community
Puerto RicoHatillo72065310300Low-Income Community
Puerto RicoHumacao72069180100Low-Income Community
Puerto RicoIsabela72071410600Low-Income Community
Puerto RicoIsabela72071410500Low-Income Community
Puerto RicoIsabela72071410200Low-Income Community
Puerto RicoIsabela72071410100Low-Income Community
Puerto RicoIsabela72071410300Low-Income Community
Puerto RicoIsabela72071410701Low-Income Community
Puerto RicoIsabela72071410702Low-Income Community
Puerto RicoIsabela72071410402Low-Income Community
Puerto RicoIsabela72071410401Low-Income Community
Puerto RicoJayuya72073956100Low-Income Community
Puerto RicoJayuya72073956200Low-Income Community
Puerto RicoJayuya72073956000Low-Income Community
Puerto RicoJuana Díaz72075711002Low-Income Community
Puerto RicoJuana Díaz72075710700Low-Income Community
Puerto RicoLares72081958300Low-Income Community
Puerto RicoLares72081958200Low-Income Community
Puerto RicoLares72081958400Low-Income Community
Puerto RicoLares72081957900Low-Income Community
Puerto RicoLares72081957800Low-Income Community
Puerto RicoLares72081958100Low-Income Community
Puerto RicoLares72081958000Low-Income Community
Puerto RicoLares72081957700Low-Income Community
Puerto RicoLas Marías72083959800Low-Income Community
Puerto RicoLas Marías72083959700Low-Income Community
Puerto RicoLoíza72087110101Low-Income Community
Puerto RicoLoíza72087110102Low-Income Community
Puerto RicoLoíza72087110200Low-Income Community
Puerto RicoLoíza72087110301Low-Income Community
Puerto RicoLoíza72087110500Low-Income Community
Puerto RicoLoíza72087110302Low-Income Community
Puerto RicoLoíza72087110400Low-Income Community
Puerto RicoLuquillo72089140300Low-Income Community
Puerto RicoLuquillo72089140101Low-Income Community

October 20, 2025 602 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
Puerto RicoLuquillo72089140102Low-Income Community
Puerto RicoLuquillo72089140202Low-Income Community
Puerto RicoLuquillo72089140201Low-Income Community
Puerto RicoMaricao72093960200Low-Income Community
Puerto RicoMaricao72093960100Low-Income Community
Puerto RicoMaunabo72095951500Low-Income Community
Puerto RicoMaunabo72095951400Low-Income Community
Puerto RicoMaunabo72095951600Low-Income Community
Puerto RicoMoca72099420200Low-Income Community
Puerto RicoMoca72099420100Low-Income Community
Puerto RicoMoca72099420302Low-Income Community
Puerto RicoMoca72099420301Low-Income Community
Puerto RicoMoca72099420401Low-Income Community
Puerto RicoMoca72099420500Low-Income Community
Puerto RicoMoca72099420402Low-Income Community
Puerto RicoNaguabo72103170400Low-Income Community
Puerto RicoNaguabo72103170100Low-Income Community
Puerto RicoNaguabo72103170300Low-Income Community
Puerto RicoOrocovis72107954901Low-Income Community
Puerto RicoPatillas72109290100Low-Income Community
Puerto RicoPatillas72109290200Low-Income Community
Puerto RicoPatillas72109290300Low-Income Community
Puerto RicoPatillas72109290400Low-Income Community
Puerto RicoPeñuelas72111730100Low-Income Community
Puerto RicoPeñuelas72111730800Low-Income Community
Puerto RicoPeñuelas72111730200Low-Income Community
Puerto RicoPeñuelas72111730300Low-Income Community
Puerto RicoPeñuelas72111730400Low-Income Community
Puerto RicoPonce72113072600Low-Income Community
Puerto RicoQuebradillas72115330100Low-Income Community
Puerto RicoQuebradillas72115330300Low-Income Community
Puerto RicoQuebradillas72115330200Low-Income Community
Puerto RicoQuebradillas72115330400Low-Income Community
Puerto RicoRincón72117959400Low-Income Community
Puerto RicoRincón72117959500Low-Income Community
Puerto RicoRincón72117959600Low-Income Community
Puerto RicoSabana Grande72121960700Low-Income Community
Puerto RicoSabana Grande72121960600Low-Income Community
Puerto RicoSabana Grande72121960800Low-Income Community
Puerto RicoSabana Grande72121960300Low-Income Community
Puerto RicoSabana Grande72121960500Low-Income Community
Puerto RicoSabana Grande72121960400Low-Income Community

Bulletin No. 2025–43 603 October 20, 2025
StateCountyCensus Tract NumberTract Type
Puerto RicoSalinas72123953200Low-Income Community
Puerto RicoSalinas72123953100Low-Income Community
Puerto RicoSalinas72123952800Low-Income Community
Puerto RicoSalinas72123952700Low-Income Community
Puerto RicoSalinas72123953000Low-Income Community
Puerto RicoSalinas72123952900Low-Income Community
Puerto RicoSalinas72123952600Low-Income Community
Puerto RicoSan Sebastián72131959200Low-Income Community
Puerto RicoSan Sebastián72131959500Low-Income Community
Puerto RicoSan Sebastián72131959300Low-Income Community
Puerto RicoSan Sebastián72131958700Low-Income Community
Puerto RicoSan Sebastián72131958900Low-Income Community
Puerto RicoSan Sebastián72131958800Low-Income Community
Puerto RicoSan Sebastián72131959000Low-Income Community
Puerto RicoSan Sebastián72131009200Low-Income Community
Puerto RicoSan Sebastián72131958500Low-Income Community
Puerto RicoSanta Isabel72133953300Low-Income Community
Puerto RicoSanta Isabel72133953700Low-Income Community
Puerto RicoSanta Isabel72133953800Low-Income Community
Puerto RicoSanta Isabel72133953500Low-Income Community
Puerto RicoSanta Isabel72133953600Low-Income Community
Puerto RicoToa Baja72137121702Low-Income Community
Puerto RicoToa Baja72137122400Low-Income Community
Puerto RicoUtuado72141956900Low-Income Community
Puerto RicoUtuado72141957000Low-Income Community
Puerto RicoUtuado72141957100Low-Income Community
Puerto RicoUtuado72141957200Low-Income Community
Puerto RicoUtuado72141957300Low-Income Community
Puerto RicoUtuado72141957400Low-Income Community
Puerto RicoUtuado72141957600Low-Income Community
Puerto RicoUtuado72141957500Low-Income Community
Puerto RicoVieques72147950600Low-Income Community
Puerto RicoVieques72147950500Low-Income Community
Puerto RicoYabucoa72151951200Low-Income Community
Puerto RicoYabucoa72151951300Low-Income Community
Puerto RicoYabucoa72151951000Low-Income Community
Puerto RicoYabucoa72151951100Low-Income Community
Puerto RicoYauco72153750201Low-Income Community
Puerto RicoYauco72153750102Low-Income Community
Puerto RicoYauco72153750602Low-Income Community
Puerto RicoYauco72153750601Low-Income Community
Puerto RicoYauco72153750400Low-Income Community

October 20, 2025 604 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
Puerto RicoYauco72153750202Low-Income Community
Puerto RicoYauco72153750300Low-Income Community
Puerto RicoYauco72153750101Low-Income Community
Puerto RicoYauco72153750501Low-Income Community
Puerto RicoYauco72153750502Low-Income Community
Puerto RicoYauco72153750503Low-Income Community
Rhode IslandWashington44009051504Low-Income Community
Rhode IslandWashington44009051400Low-Income Community
Rhode IslandWashington44009050801Low-Income Community
South CarolinaAbbeville45001950400Low-Income Community
South CarolinaAiken45003021400Low-Income Community
South CarolinaAllendale45005970200Low-Income Community
South CarolinaAnderson45007012300Low-Income Community
South CarolinaAnderson45007012002Low-Income Community
South CarolinaAnderson45007011901Low-Income Community
South CarolinaAnderson45007000800Low-Income Community
South CarolinaBamberg45009960100Low-Income Community
South CarolinaBamberg45009960200Low-Income Community
South CarolinaBarnwell45011970500Low-Income Community
South CarolinaBeaufort45013010800Low-Income Community
South CarolinaBeaufort45013000200Low-Income Community
South CarolinaBeaufort45013000600Low-Income Community
South CarolinaBerkeley45015020506Non-LIC Contiguous
South CarolinaBerkeley45015020302Low-Income Community
South CarolinaBerkeley45015020201Low-Income Community
South CarolinaBerkeley45015020102Low-Income Community
South CarolinaCalhoun45017950200Low-Income Community
South CarolinaCharleston45019002400Low-Income Community
South CarolinaCherokee45021970401Low-Income Community
South CarolinaCherokee45021970201Low-Income Community
South CarolinaChester45023020300Low-Income Community
South CarolinaChester45023020200Low-Income Community
South CarolinaChesterfield45025950502Low-Income Community
South CarolinaChesterfield45025950101Low-Income Community
South CarolinaClarendon45027960300Low-Income Community
South CarolinaClarendon45027960500Low-Income Community
South CarolinaColleton45029970402Non-LIC Contiguous
South CarolinaColleton45029970401Low-Income Community
South CarolinaDarlington45031011500Low-Income Community
South CarolinaDarlington45031010600Low-Income Community
South CarolinaDillon45033970300Low-Income Community
South CarolinaDillon45033970400Low-Income Community

Bulletin No. 2025–43 605 October 20, 2025
StateCountyCensus Tract NumberTract Type
South CarolinaDillon45033970600Low-Income Community
South CarolinaDorchester45035010200Low-Income Community
South CarolinaDorchester45035010400Low-Income Community
South CarolinaEdgefield45037970400Low-Income Community
South CarolinaFairfield45039960100Low-Income Community
South CarolinaFairfield45039960300Low-Income Community
South CarolinaFairfield45039960400Low-Income Community
South CarolinaFairfield45039960500Low-Income Community
South CarolinaFlorence45041002500Low-Income Community
South CarolinaFlorence45041000700Low-Income Community
South CarolinaFlorence45041001000Low-Income Community
South CarolinaFlorence45041002000Low-Income Community
South CarolinaFlorence45041002201Low-Income Community
South CarolinaGeorgetown45043920302Non-LIC Contiguous
South CarolinaGeorgetown45043920201Low-Income Community
South CarolinaGeorgetown45043920700Low-Income Community
South CarolinaGreenwood45047970702Low-Income Community
South CarolinaGreenwood45047970600Low-Income Community
South CarolinaHampton45049920300Low-Income Community
South CarolinaHorry45051070300Low-Income Community
South CarolinaHorry45051070200Low-Income Community
South CarolinaHorry45051080102Low-Income Community
South CarolinaHorry45051020200Low-Income Community
South CarolinaHorry45051050600Low-Income Community
South CarolinaHorry45051050700Low-Income Community
South CarolinaJasper45053950300Low-Income Community
South CarolinaKershaw45055970800Low-Income Community
South CarolinaKershaw45055970601Low-Income Community
South CarolinaLancaster45057010700Low-Income Community
South CarolinaLancaster45057010800Low-Income Community
South CarolinaLaurens45059920700Low-Income Community
South CarolinaLaurens45059920301Non-LIC Contiguous
South CarolinaLaurens45059920400Low-Income Community
South CarolinaLee45061920302Low-Income Community
South CarolinaLee45061920200Low-Income Community
South CarolinaLexington45063021402Low-Income Community
South CarolinaMarion45067950600Low-Income Community
South CarolinaMarion45067950300Low-Income Community
South CarolinaMarlboro45069960100Low-Income Community
South CarolinaMarlboro45069960302Low-Income Community
South CarolinaMcCormick45065920200Low-Income Community
South CarolinaNewberry45071950502Low-Income Community

October 20, 2025 606 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
South CarolinaOconee45073030701Low-Income Community
South CarolinaOconee45073030602Low-Income Community
South CarolinaOrangeburg45075011400Low-Income Community
South CarolinaOrangeburg45075011300Low-Income Community
South CarolinaOrangeburg45075010600Low-Income Community
South CarolinaOrangeburg45075010200Low-Income Community
South CarolinaRichland45079011800Low-Income Community
South CarolinaSaluda45081960400Low-Income Community
South CarolinaSpartanburg45083020702Low-Income Community
South CarolinaSpartanburg45083020800Low-Income Community
South CarolinaSpartanburg45083020301Low-Income Community
South CarolinaSpartanburg45083020500Low-Income Community
South CarolinaSpartanburg45083020400Low-Income Community
South CarolinaSumter45085001100Low-Income Community
South CarolinaSumter45085001300Low-Income Community
South CarolinaSumter45085000600Low-Income Community
South CarolinaUnion45087030100Low-Income Community
South CarolinaWilliamsburg45089970600Low-Income Community
South CarolinaWilliamsburg45089970502Low-Income Community
South CarolinaWilliamsburg45089970501Low-Income Community
South DakotaBeadle46005957000Low-Income Community
South DakotaBeadle46005956900Low-Income Community
South DakotaBrookings46011958900Low-Income Community
South DakotaBrown46013951500Low-Income Community
South DakotaBrule46015973100Low-Income Community
South DakotaCharles Mix46023940300Low-Income Community
South DakotaClay46027965700Low-Income Community
South DakotaCodington46029954400Low-Income Community
South DakotaDewey46041941500Low-Income Community
South DakotaLake46079960200Low-Income Community
South DakotaLyman46085940100Low-Income Community
South DakotaOglala Lakota County/
Shannon
46102940500Low-Income Community
South DakotaPennington46103011500Low-Income Community
South DakotaRoberts46109940400Low-Income Community
South DakotaTodd46121940200Low-Income Community
South DakotaTripp46123971700Low-Income Community
South DakotaYankton46135966301Non-LIC Contiguous
South DakotaYankton46135966302Low-Income Community
TennesseeAnderson47001020500Low-Income Community
TennesseeAnderson47001021000Low-Income Community
TennesseeBedford47003950500Low-Income Community

Bulletin No. 2025–43 607 October 20, 2025
StateCountyCensus Tract NumberTract Type
TennesseeBenton47005963200Low-Income Community
TennesseeBledsoe47007953100Low-Income Community
TennesseeBradley47011010700Low-Income Community
TennesseeCannon47015960200Low-Income Community
TennesseeCarroll47017962100Low-Income Community
TennesseeCheatham47021070104Low-Income Community
TennesseeClaiborne47025970300Low-Income Community
TennesseeClay47027955000Low-Income Community
TennesseeCocke47029920200Low-Income Community
TennesseeCocke47029920700Low-Income Community
TennesseeCrockett47033961100Low-Income Community
TennesseeCumberland47035970800Low-Income Community
TennesseeCumberland47035970400Low-Income Community
TennesseeDeKalb47041920200Low-Income Community
TennesseeDickson47043060602Low-Income Community
TennesseeDyer47045964300Low-Income Community
TennesseeFayette47047060300Low-Income Community
TennesseeFentress47049965300Low-Income Community
TennesseeGibson47053966900Low-Income Community
TennesseeGibson47053967000Low-Income Community
TennesseeGreene47059091200Low-Income Community
TennesseeGreene47059090100Low-Income Community
TennesseeGrundy47061955300Low-Income Community
TennesseeHamblen47063100300Low-Income Community
TennesseeHamblen47063100800Low-Income Community
TennesseeHancock47067960600Low-Income Community
TennesseeHardeman47069950300Low-Income Community
TennesseeHawkins47073050400Low-Income Community
TennesseeHaywood47075930500Non-LIC Contiguous
TennesseeHenderson47077975400Low-Income Community
TennesseeHenry47079969000Low-Income Community
TennesseeHickman47081950302Low-Income Community
TennesseeHouston47083120200Low-Income Community
TennesseeJackson47087960400Low-Income Community
TennesseeJohnson47091956300Low-Income Community
TennesseeKnox47093006502Low-Income Community
TennesseeLake47095960100Low-Income Community
TennesseeLauderdale47097050505Low-Income Community
TennesseeLauderdale47097050504Low-Income Community
TennesseeLawrence47099960300Low-Income Community
TennesseeLawrence47099960501Low-Income Community
TennesseeLincoln47103975400Low-Income Community

October 20, 2025 608 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
TennesseeLincoln47103975300Low-Income Community
TennesseeLoudon47105060600Low-Income Community
TennesseeMacon47111970300Low-Income Community
TennesseeMarion47115050301Low-Income Community
TennesseeMarshall47117955300Low-Income Community
TennesseeMcMinn47107970600Low-Income Community
TennesseeMcMinn47107970101Non-LIC Contiguous
TennesseeMeigs47121960200Low-Income Community
TennesseeMonroe47123925501Low-Income Community
TennesseeMonroe47123925000Non-LIC Contiguous
TennesseeObion47131965400Low-Income Community
TennesseeObion47131965500Low-Income Community
TennesseeOverton47133950302Low-Income Community
TennesseePickett47137925100Low-Income Community
TennesseePolk47139950400Low-Income Community
TennesseePutnam47141001100Low-Income Community
TennesseePutnam47141000600Low-Income Community
TennesseePutnam47141000800Low-Income Community
TennesseeRhea47143975401Low-Income Community
TennesseeRoane47145030600Low-Income Community
TennesseeScott47151975200Low-Income Community
TennesseeSequatchie47153060101Non-LIC Contiguous
TennesseeSevier47155080101Low-Income Community
TennesseeSevier47155080400Low-Income Community
TennesseeShelby47157020210Non-LIC Contiguous
TennesseeShelby47157020300Low-Income Community
TennesseeSmith47159975300Low-Income Community
TennesseeSmith47159975400Non-LIC Contiguous
TennesseeStewart47161110600Low-Income Community
TennesseeSullivan47163043000Low-Income Community
TennesseeSullivan47163042701Low-Income Community
TennesseeSumner47165020300Low-Income Community
TennesseeTipton47167040700Low-Income Community
TennesseeTipton47167041000Low-Income Community
TennesseeUnicoi47171080100Low-Income Community
TennesseeUnicoi47171080200Low-Income Community
TennesseeUnion47173040201Low-Income Community
TennesseeVan Buren47175925200Low-Income Community
TennesseeWarren47177930800Low-Income Community
TennesseeWayne47181950200Low-Income Community
TennesseeWeakley47183968101Low-Income Community
TennesseeWhite47185935300Low-Income Community

Bulletin No. 2025–43 609 October 20, 2025
StateCountyCensus Tract NumberTract Type
TexasAnderson48001950901Low-Income Community
TexasAnderson48001950401Low-Income Community
TexasAngelina48005000200Low-Income Community
TexasAngelina48005001300Low-Income Community
TexasAngelina48005001001Low-Income Community
TexasAngelina48005000600Low-Income Community
TexasAngelina48005000700Low-Income Community
TexasAngelina48005000500Low-Income Community
TexasAransas48007950400Low-Income Community
TexasAransas48007950500Low-Income Community
TexasAtascosa48013960300Low-Income Community
TexasAtascosa48013960401Low-Income Community
TexasBastrop48021950200Low-Income Community
TexasBastrop48021950801Low-Income Community
TexasBastrop48021950600Low-Income Community
TexasBee48025950600Low-Income Community
TexasBosque48035950200Low-Income Community
TexasBowie48037010800Low-Income Community
TexasBowie48037010500Low-Income Community
TexasBowie48037010400Low-Income Community
TexasBowie48037011401Low-Income Community
TexasBowie48037011402Low-Income Community
TexasBowie48037011300Low-Income Community
TexasBowie48037011502Low-Income Community
TexasBrazoria48039662800Low-Income Community
TexasBrazoria48039664100Low-Income Community
TexasBrazoria48039664200Low-Income Community
TexasBrazoria48039664300Low-Income Community
TexasBrewster48043950400Low-Income Community
TexasBrooks48047950200Low-Income Community
TexasBrown48049950700Low-Income Community
TexasBurleson48051970500Low-Income Community
TexasBurnet48053960300Low-Income Community
TexasCaldwell48055960400Low-Income Community
TexasCaldwell48055960200Low-Income Community
TexasCalhoun48057000500Low-Income Community
TexasCameron48061012305Low-Income Community
TexasCameron48061012304Low-Income Community
TexasCamp48063950102Low-Income Community
TexasCamp48063950101Low-Income Community
TexasCass48067950700Low-Income Community
TexasCass48067950400Low-Income Community

October 20, 2025 610 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
TexasCass48067950600Low-Income Community
TexasCass48067950200Low-Income Community
TexasCastro48069950200Low-Income Community
TexasChambers48071710401Low-Income Community
TexasChambers48071710300Low-Income Community
TexasChambers48071710500Low-Income Community
TexasCherokee48073951100Low-Income Community
TexasCherokee48073950300Low-Income Community
TexasCherokee48073950400Low-Income Community
TexasColeman48083950300Low-Income Community
TexasComal48091310608Low-Income Community
TexasCooke48097001100Low-Income Community
TexasCooke48097000400Low-Income Community
TexasCoryell48099010300Low-Income Community
TexasCottle48101950100Low-Income Community
TexasCrosby48107950200Low-Income Community
TexasCrosby48107950100Low-Income Community
TexasDawson48115950402Low-Income Community
TexasDelta48119950200Low-Income Community
TexasDeWitt48123970200Low-Income Community
TexasDickens48125950300Low-Income Community
TexasDonley48129950200Low-Income Community
TexasEastland48133950100Low-Income Community
TexasEastland48133950200Low-Income Community
TexasEl Paso48141010344Low-Income Community
TexasEl Paso48141010504Low-Income Community
TexasEl Paso48141010340Low-Income Community
TexasEl Paso48141010335Low-Income Community
TexasEl Paso48141010506Low-Income Community
TexasEllis48139060400Low-Income Community
TexasEllis48139061200Low-Income Community
TexasEllis48139061600Low-Income Community
TexasEllis48139061000Low-Income Community
TexasEllis48139061300Low-Income Community
TexasErath48143950201Low-Income Community
TexasErath48143950202Low-Income Community
TexasErath48143950300Low-Income Community
TexasFalls48145000400Low-Income Community
TexasFannin48147950402Low-Income Community
TexasFisher48151950400Low-Income Community
TexasFranklin48159950300Low-Income Community
TexasGonzales48177000300Low-Income Community

Bulletin No. 2025–43 611 October 20, 2025
StateCountyCensus Tract NumberTract Type
TexasGonzales48177000500Low-Income Community
TexasGray48179950600Low-Income Community
TexasGrayson48181000502Low-Income Community
TexasGrayson48181000200Low-Income Community
TexasGrayson48181002000Low-Income Community
TexasGrayson48181000902Low-Income Community
TexasGregg48183010700Low-Income Community
TexasGregg48183010500Low-Income Community
TexasGrimes48185180200Low-Income Community
TexasGrimes48185180102Low-Income Community
TexasGrimes48185180101Low-Income Community
TexasHale48189950100Low-Income Community
TexasHall48191950500Low-Income Community
TexasHardin48199030700Low-Income Community
TexasHardin48199030800Low-Income Community
TexasHardin48199030100Low-Income Community
TexasHarrison48203020302Low-Income Community
TexasHarrison48203020401Low-Income Community
TexasHarrison48203020103Low-Income Community
TexasHarrison48203020402Low-Income Community
TexasHarrison48203020102Low-Income Community
TexasHaskell48207950300Low-Income Community
TexasHenderson48213950902Low-Income Community
TexasHenderson48213950602Low-Income Community
TexasHenderson48213951000Low-Income Community
TexasHenderson48213950700Low-Income Community
TexasHenderson48213950901Low-Income Community
TexasHenderson48213951200Low-Income Community
TexasHidalgo48215024201Low-Income Community
TexasHill48217960900Low-Income Community
TexasHill48217960100Low-Income Community
TexasHockley48219950400Low-Income Community
TexasHockley48219950100Low-Income Community
TexasHopkins48223950800Low-Income Community
TexasHopkins48223950600Low-Income Community
TexasHopkins48223950700Low-Income Community
TexasHoward48227950500Low-Income Community
TexasHunt48231960600Low-Income Community
TexasHunt48231961300Low-Income Community
TexasHunt48231960800Low-Income Community
TexasHunt48231960700Low-Income Community
TexasHunt48231961600Low-Income Community

October 20, 2025 612 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
TexasHunt48231961503Low-Income Community
TexasHunt48231960500Low-Income Community
TexasHunt48231960200Low-Income Community
TexasJasper48241950200Low-Income Community
TexasJasper48241950300Low-Income Community
TexasJim Hogg48247950200Low-Income Community
TexasJim Hogg48247950400Low-Income Community
TexasJohnson48251130212Low-Income Community
TexasJohnson48251130302Low-Income Community
TexasJones48253020400Low-Income Community
TexasKarnes48255970200Low-Income Community
TexasKarnes48255970300Low-Income Community
TexasKaufman48257050500Low-Income Community
TexasKaufman48257050704Low-Income Community
TexasKaufman48257050400Low-Income Community
TexasKaufman48257050300Low-Income Community
TexasKaufman48257051201Low-Income Community
TexasKaufman48257051300Low-Income Community
TexasKerr48265960500Low-Income Community
TexasKerr48265960800Low-Income Community
TexasKleberg48273020300Low-Income Community
TexasKleberg48273020200Low-Income Community
TexasLa Salle48283950300Low-Income Community
TexasLamar48277000500Low-Income Community
TexasLamar48277000700Low-Income Community
TexasLamar48277000600Low-Income Community
TexasLamar48277000800Low-Income Community
TexasLamar48277000300Low-Income Community
TexasLamb48279950600Low-Income Community
TexasLamb48279950500Low-Income Community
TexasLavaca48285000600Low-Income Community
TexasLee48287000400Low-Income Community
TexasLiberty48291701300Low-Income Community
TexasLiberty48291701200Low-Income Community
TexasLiberty48291700300Low-Income Community
TexasLiberty48291700600Low-Income Community
TexasLiberty48291700400Low-Income Community
TexasLiberty48291700100Low-Income Community
TexasLiberty48291700200Low-Income Community
TexasLimestone48293970600Low-Income Community
TexasLimestone48293970400Low-Income Community
TexasLlano48299970200Low-Income Community

Bulletin No. 2025–43 613 October 20, 2025
StateCountyCensus Tract NumberTract Type
TexasLlano48299970500Low-Income Community
TexasLlano48299970600Low-Income Community
TexasLoving48301950100Low-Income Community
TexasMadison48313000100Low-Income Community
TexasMarion48315950300Low-Income Community
TexasMatagorda48321730700Low-Income Community
TexasMatagorda48321730501Low-Income Community
TexasMatagorda48321730201Low-Income Community
TexasMatagorda48321730600Low-Income Community
TexasMaverick48323950601Low-Income Community
TexasMaverick48323950201Low-Income Community
TexasMcLennan48309004201Low-Income Community
TexasMcLennan48309003602Low-Income Community
TexasMedina48325000402Low-Income Community
TexasMedina48325000500Low-Income Community
TexasMilam48331950700Low-Income Community
TexasMilam48331950402Low-Income Community
TexasMontgomery48339692601Low-Income Community
TexasMorris48343950200Low-Income Community
TexasMorris48343950300Low-Income Community
TexasMorris48343950100Low-Income Community
TexasMotley48345950100Low-Income Community
TexasNacogdoches48347950900Low-Income Community
TexasNacogdoches48347950800Low-Income Community
TexasNacogdoches48347951000Low-Income Community
TexasNacogdoches48347950700Low-Income Community
TexasNacogdoches48347950301Low-Income Community
TexasNacogdoches48347950302Low-Income Community
TexasNavarro48349970900Low-Income Community
TexasNavarro48349970700Low-Income Community
TexasNavarro48349970600Low-Income Community
TexasNavarro48349970800Low-Income Community
TexasNavarro48349970200Low-Income Community
TexasNavarro48349970100Low-Income Community
TexasNavarro48349970500Low-Income Community
TexasNewton48351950200Low-Income Community
TexasNewton48351950300Low-Income Community
TexasNueces48355005602Low-Income Community
TexasPalo Pinto48363000500Low-Income Community
TexasPalo Pinto48363000800Low-Income Community
TexasPalo Pinto48363000600Low-Income Community
TexasPolk48373210101Low-Income Community

October 20, 2025 614 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
TexasPolk48373210102Low-Income Community
TexasPolk48373210301Low-Income Community
TexasPolk48373210400Low-Income Community
TexasPolk48373210204Low-Income Community
TexasPolk48373210203Low-Income Community
TexasPresidio48377950200Low-Income Community
TexasReeves48389950100Low-Income Community
TexasRobertson48395960200Low-Income Community
TexasRusk48401951000Low-Income Community
TexasRusk48401950501Low-Income Community
TexasRusk48401950502Low-Income Community
TexasSabine48403950300Low-Income Community
TexasSan Augustine48405950100Low-Income Community
TexasSan Augustine48405950300Low-Income Community
TexasSan Jacinto48407200101Low-Income Community
TexasSan Patricio48409010800Low-Income Community
TexasSan Saba48411950100Low-Income Community
TexasShelby48419950400Low-Income Community
TexasShelby48419950200Low-Income Community
TexasShelby48419950100Low-Income Community
TexasShelby48419950300Low-Income Community
TexasSmith48423002101Low-Income Community
TexasSmith48423001801Low-Income Community
TexasSmith48423001500Low-Income Community
TexasSomervell48425000200Low-Income Community
TexasStarr48427950104Low-Income Community
TexasStarr48427950402Low-Income Community
TexasStarr48427950202Low-Income Community
TexasStarr48427950204Low-Income Community
TexasStarr48427950105Low-Income Community
TexasStarr48427950401Low-Income Community
TexasStarr48427950106Low-Income Community
TexasStarr48427950107Low-Income Community
TexasStephens48429950300Low-Income Community
TexasTerry48445950400Low-Income Community
TexasTitus48449950300Low-Income Community
TexasTom Green48451001702Low-Income Community
TexasTravis48453002436Low-Income Community
TexasTrinity48455950200Low-Income Community
TexasTrinity48455950500Low-Income Community
TexasTrinity48455950400Low-Income Community
TexasTyler48457950200Low-Income Community

Bulletin No. 2025–43 615 October 20, 2025
StateCountyCensus Tract NumberTract Type
TexasTyler48457950300Low-Income Community
TexasVal Verde48465950400Low-Income Community
TexasVan Zandt48467950500Low-Income Community
TexasWalker48471790500Low-Income Community
TexasWalker48471790400Low-Income Community
TexasWalker48471790600Low-Income Community
TexasWalker48471790102Low-Income Community
TexasWaller48473680500Low-Income Community
TexasWashington48477170100Low-Income Community
TexasWebb48479001818Low-Income Community
TexasWharton48481740800Low-Income Community
TexasWharton48481740700Low-Income Community
TexasWharton48481741000Low-Income Community
TexasWharton48481740300Low-Income Community
TexasWharton48481740200Low-Income Community
TexasWharton48481740500Low-Income Community
TexasWilbarger48487950500Low-Income Community
TexasWilbarger48487950700Low-Income Community
TexasWillacy48489950700Low-Income Community
TexasWillacy48489950300Low-Income Community
TexasWillacy48489950400Low-Income Community
TexasWillacy48489950600Low-Income Community
TexasWillacy48489950500Low-Income Community
TexasWilliamson48491020201Low-Income Community
TexasWilliamson48491020808Low-Income Community
TexasWilliamson48491021300Low-Income Community
TexasWilson48493000201Low-Income Community
TexasWise48497150200Low-Income Community
TexasWood48499950400Low-Income Community
TexasWood48499950700Low-Income Community
TexasWood48499950601Low-Income Community
TexasWood48499950200Low-Income Community
TexasZapata48505950400Low-Income Community
TexasZavala48507950302Low-Income Community
TexasZavala48507950200Low-Income Community
TexasZavala48507950100Low-Income Community
UtahBeaver49001100100Low-Income Community
UtahBox Elder49003960300Low-Income Community
UtahBox Elder49003960601Low-Income Community
UtahCarbon49007000600Low-Income Community
UtahDuchesne49013940300Low-Income Community
UtahGarfield49017000300Low-Income Community

October 20, 2025 616 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
UtahGrand49019000300Low-Income Community
UtahIron49021110300Low-Income Community
UtahIron49021110600Low-Income Community
UtahMillard49027974300Low-Income Community
UtahSan Juan49037942100Low-Income Community
UtahSanpete49039972400Low-Income Community
UtahSevier49041975300Low-Income Community
UtahTooele49045130900Low-Income Community
VermontAddison50001960300Low-Income Community
VermontBennington50003970900Low-Income Community
VermontBennington50003971200Low-Income Community
VermontCaledonia50005957200Low-Income Community
VermontCaledonia50005957400Low-Income Community
VermontCaledonia50005957500Low-Income Community
VermontChittenden50007002500Low-Income Community
VermontChittenden50007002400Low-Income Community
VermontChittenden50007001000Low-Income Community
VermontChittenden50007003600Low-Income Community
VermontChittenden50007000500Low-Income Community
VermontFranklin50011010700Low-Income Community
VermontLamoille50015953200Low-Income Community
VermontOrange50017959400Non-LIC Contiguous
VermontOrleans50019951400Low-Income Community
VermontOrleans50019951500Low-Income Community
VermontRutland50021963100Low-Income Community
VermontRutland50021963200Low-Income Community
VermontRutland50021963300Low-Income Community
VermontWashington50023955200Low-Income Community
VermontWindham50025968500Low-Income Community
VermontWindham50025967000Low-Income Community
VermontWindsor50027965100Low-Income Community
VermontWindsor50027966600Low-Income Community
VermontWindsor50027966700Non-LIC Contiguous
Virgin IslandsSt. Croix78010971200Low-Income Community
Virgin IslandsSt. Croix78010971100Low-Income Community
Virgin IslandsSt. Croix78010971300Low-Income Community
Virgin IslandsSt. Croix78010971400Low-Income Community
Virgin IslandsSt. Croix78010970800Low-Income Community
Virgin IslandsSt. Croix78010970900Low-Income Community
Virgin IslandsSt. Croix78010971000Low-Income Community
Virgin IslandsSt. Croix78010970300Low-Income Community
Virgin IslandsSt. Croix78010970200Low-Income Community

Bulletin No. 2025–43 617 October 20, 2025
StateCountyCensus Tract NumberTract Type
Virgin IslandsSt. Thomas78030961200Low-Income Community
Virgin IslandsSt. Thomas78030960800Non-LIC Contiguous
Virgin IslandsSt. Thomas78030961000Low-Income Community
Virgin IslandsSt. Thomas78030960900Low-Income Community
Virgin IslandsSt. Thomas78030961100Low-Income Community
VirginiaAccomack51001090200Low-Income Community
VirginiaAccomack51001090100Low-Income Community
VirginiaAlbemarle51003010700Low-Income Community
VirginiaAlbemarle51003011302Low-Income Community
VirginiaAlleghany51005080202Low-Income Community
VirginiaAppomattox51011040100Low-Income Community
VirginiaAugusta51015071200Low-Income Community
VirginiaBedford51019030605Low-Income Community
VirginiaBedford51019050100Low-Income Community
VirginiaBristol51520020100Low-Income Community
VirginiaBristol51520020400Low-Income Community
VirginiaBrunswick51025930203Low-Income Community
VirginiaBuchanan51027010300Low-Income Community
VirginiaBuena Vista51530930600Low-Income Community
VirginiaCampbell51031020900Low-Income Community
VirginiaCaroline51033030100Low-Income Community
VirginiaCarroll51035080200Low-Income Community
VirginiaCharlotte51037930100Low-Income Community
VirginiaCharlottesville51540000501Low-Income Community
VirginiaCharlottesville51540000401Low-Income Community
VirginiaCovington51580060200Low-Income Community
VirginiaCulpeper51047930400Low-Income Community
VirginiaCumberland51049930200Low-Income Community
VirginiaDanville51590000400Low-Income Community
VirginiaDanville51590000300Low-Income Community
VirginiaDanville51590000500Low-Income Community
VirginiaDanville51590000600Low-Income Community
VirginiaDickenson51051040300Low-Income Community
VirginiaEmporia51595890100Low-Income Community
VirginiaEssex51057950700Low-Income Community
VirginiaFauquier51061930706Low-Income Community
VirginiaFranklin51620090200Low-Income Community
VirginiaFranklin51067020500Low-Income Community
VirginiaFrederick51069051102Low-Income Community
VirginiaFredericksburg51630000500Low-Income Community
VirginiaFredericksburg51630000200Low-Income Community
VirginiaGalax51640070101Low-Income Community

October 20, 2025 618 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
VirginiaGalax51640070102Low-Income Community
VirginiaGiles51071930100Low-Income Community
VirginiaGloucester51073100301Low-Income Community
VirginiaGrayson51077060201Low-Income Community
VirginiaGreensville51081880101Low-Income Community
VirginiaHalifax51083930600Low-Income Community
VirginiaHalifax51083930800Low-Income Community
VirginiaHalifax51083930301Low-Income Community
VirginiaHenry51089010100Low-Income Community
VirginiaHenry51089010602Low-Income Community
VirginiaHenry51089010700Low-Income Community
VirginiaHenry51089010800Low-Income Community
VirginiaHenry51089010300Low-Income Community
VirginiaKing and Queen51097950500Low-Income Community
VirginiaLancaster51103030200Low-Income Community
VirginiaLee51105950500Low-Income Community
VirginiaLexington51678930500Low-Income Community
VirginiaMartinsville51690000100Low-Income Community
VirginiaMartinsville51690000200Low-Income Community
VirginiaMecklenburg51117930200Low-Income Community
VirginiaMecklenburg51117930101Low-Income Community
VirginiaMontgomery51121020700Low-Income Community
VirginiaMontgomery51121020900Low-Income Community
VirginiaNorthampton51131930300Low-Income Community
VirginiaNorton51720960100Low-Income Community
VirginiaOrange51137110200Low-Income Community
VirginiaPage51139030100Low-Income Community
VirginiaPittsylvania51143011400Low-Income Community
VirginiaPittsylvania51143011100Low-Income Community
VirginiaPittsylvania51143010200Low-Income Community
VirginiaPrince Edward51147930201Low-Income Community
VirginiaPulaski51155210300Low-Income Community
VirginiaRadford51750010200Low-Income Community
VirginiaRadford51750010102Low-Income Community
VirginiaRichmond51159040100Low-Income Community
VirginiaRockingham51165010500Low-Income Community
VirginiaRussell51167030401Low-Income Community
VirginiaShenandoah51171040700Low-Income Community
VirginiaSmyth51173030301Low-Income Community
VirginiaSmyth51173030701Low-Income Community
VirginiaSpotsylvania51177020305Low-Income Community
VirginiaSpotsylvania51177020202Low-Income Community

Bulletin No. 2025–43 619 October 20, 2025
StateCountyCensus Tract NumberTract Type
VirginiaSpotsylvania51177020304Low-Income Community
VirginiaStaunton51790000200Low-Income Community
VirginiaStaunton51790000300Low-Income Community
VirginiaSussex51183870300Low-Income Community
VirginiaTazewell51185020600Low-Income Community
VirginiaTazewell51185020200Low-Income Community
VirginiaWarren51187020601Low-Income Community
VirginiaWashington51191010100Low-Income Community
VirginiaWaynesboro51820003200Low-Income Community
VirginiaWilliamsburg51830370200Low-Income Community
VirginiaWinchester51840000100Low-Income Community
VirginiaWise51195930900Low-Income Community
VirginiaWise51195931400Non-LIC Contiguous
VirginiaWise51195931700Low-Income Community
VirginiaWise51195931300Low-Income Community
VirginiaWythe51197050100Low-Income Community
WashingtonAdams53001950200Low-Income Community
WashingtonAsotin53003960300Low-Income Community
WashingtonChelan53007961100Low-Income Community
WashingtonChelan53007961200Non-LIC Contiguous
WashingtonChelan53007961000Low-Income Community
WashingtonClallam53009000200Low-Income Community
WashingtonClallam53009000300Low-Income Community
WashingtonClallam53009000400Low-Income Community
WashingtonClallam53009000700Low-Income Community
WashingtonClallam53009000800Low-Income Community
WashingtonClallam53009000900Low-Income Community
WashingtonClallam53009940000Low-Income Community
WashingtonClallam53009002100Low-Income Community
WashingtonClallam53009002300Non-LIC Contiguous
WashingtonClallam53009001500Non-LIC Contiguous
WashingtonColumbia53013960200Low-Income Community
WashingtonCowlitz53015000300Low-Income Community
WashingtonCowlitz53015001100Low-Income Community
WashingtonDouglas53017950300Low-Income Community
WashingtonFerry53019970100Low-Income Community
WashingtonFerry53019970200Low-Income Community
WashingtonFerry53019940000Low-Income Community
WashingtonGarfield53023970300Low-Income Community
WashingtonGrant53025010800Low-Income Community
WashingtonGrays Harbor53027001500Low-Income Community
WashingtonGrays Harbor53027001000Low-Income Community

October 20, 2025 620 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
WashingtonGrays Harbor53027000200Low-Income Community
WashingtonIsland53029970700Low-Income Community
WashingtonJefferson53031950202Low-Income Community
WashingtonJefferson53031950400Low-Income Community
WashingtonJefferson53031950601Non-LIC Contiguous
WashingtonJefferson53031950702Low-Income Community
WashingtonKitsap53035080500Low-Income Community
WashingtonKitsap53035092200Low-Income Community
WashingtonKitsap53035092300Low-Income Community
WashingtonKittitas53037975600Low-Income Community
WashingtonKittitas53037975500Low-Income Community
WashingtonKlickitat53039950200Low-Income Community
WashingtonKlickitat53039950100Low-Income Community
WashingtonLewis53041971000Low-Income Community
WashingtonLewis53041971100Non-LIC Contiguous
WashingtonLincoln53043960400Low-Income Community
WashingtonMason53045960600Low-Income Community
WashingtonMason53045961300Low-Income Community
WashingtonOkanogan53047970800Low-Income Community
WashingtonOkanogan53047970400Low-Income Community
WashingtonOkanogan53047940200Low-Income Community
WashingtonOkanogan53047940100Low-Income Community
WashingtonPacific53049950300Low-Income Community
WashingtonPacific53049950200Low-Income Community
WashingtonPacific53049950800Low-Income Community
WashingtonPend Oreille53051970200Low-Income Community
WashingtonPend Oreille53051970500Low-Income Community
WashingtonSkagit53057952401Low-Income Community
WashingtonSkagit53057952500Non-LIC Contiguous
WashingtonSkagit53057952200Low-Income Community
WashingtonSkagit53057951500Low-Income Community
WashingtonSkagit53057940500Low-Income Community
WashingtonSkamania53059950400Low-Income Community
WashingtonSkamania53059950300Low-Income Community
WashingtonSkamania53059950500Low-Income Community
WashingtonSnohomish53061053700Low-Income Community
WashingtonStevens53065950800Low-Income Community
WashingtonStevens53065941000Low-Income Community
WashingtonThurston53067012720Low-Income Community
WashingtonWalla Walla53071920500Low-Income Community
WashingtonWalla Walla53071920300Low-Income Community
WashingtonWhatcom53073940000Low-Income Community

Bulletin No. 2025–43 621 October 20, 2025
StateCountyCensus Tract NumberTract Type
West VirginiaBerkeley54003971700Low-Income Community
West VirginiaBerkeley54003971500Low-Income Community
West VirginiaBerkeley54003971600Low-Income Community
West VirginiaBoone54005958300Low-Income Community
West VirginiaCabell54011000600Low-Income Community
West VirginiaCabell54011010900Low-Income Community
West VirginiaGreenbrier54025950700Low-Income Community
West VirginiaGreenbrier54025950100Low-Income Community
West VirginiaHampshire54027968200Low-Income Community
West VirginiaHancock54029021300Low-Income Community
West VirginiaHarrison54033030100Low-Income Community
West VirginiaJackson54035963300Low-Income Community
West VirginiaJackson54035963400Non-LIC Contiguous
West VirginiaJefferson54037972402Low-Income Community
West VirginiaJefferson54037972506Low-Income Community
West VirginiaJefferson54037972300Low-Income Community
West VirginiaJefferson54037972505Low-Income Community
West VirginiaJefferson54037972401Low-Income Community
West VirginiaJefferson54037972800Low-Income Community
West VirginiaKanawha54039013000Low-Income Community
West VirginiaKanawha54039013100Low-Income Community
West VirginiaKanawha54039001700Low-Income Community
West VirginiaKanawha54039000900Low-Income Community
West VirginiaKanawha54039000800Low-Income Community
West VirginiaKanawha54039001200Low-Income Community
West VirginiaMarion54049020100Low-Income Community
West VirginiaMarion54049020700Low-Income Community
West VirginiaMarshall54051020200Low-Income Community
West VirginiaMason54053955102Low-Income Community
West VirginiaMercer54055001300Low-Income Community
West VirginiaMercer54055002400Low-Income Community
West VirginiaMercer54055002300Low-Income Community
West VirginiaMingo54059957700Low-Income Community
West VirginiaMingo54059957400Low-Income Community
West VirginiaMonongalia54061010201Low-Income Community
West VirginiaMonongalia54061010600Low-Income Community
West VirginiaMonongalia54061010102Low-Income Community
West VirginiaMonroe54063950200Low-Income Community
West VirginiaMorgan54065970800Low-Income Community
West VirginiaNicholas54067950100Non-LIC Contiguous
West VirginiaNicholas54067950200Low-Income Community
West VirginiaOhio54069002700Low-Income Community

October 20, 2025 622 Bulletin No. 2025–43
StateCountyCensus Tract NumberTract Type
West VirginiaRaleigh54081000400Low-Income Community
West VirginiaRaleigh54081000200Low-Income Community
West VirginiaRandolph54083966100Low-Income Community
West VirginiaSummers54089000700Low-Income Community
West VirginiaTaylor54091964600Low-Income Community
West VirginiaTyler54095961800Low-Income Community
West VirginiaUpshur54097966700Low-Income Community
West VirginiaUpshur54097966800Low-Income Community
West VirginiaWayne54099005200Low-Income Community
West VirginiaWetzel54103030400Low-Income Community
West VirginiaWood54107011000Non-LIC Contiguous
West VirginiaWood54107000701Low-Income Community
West VirginiaWyoming54109003100Low-Income Community
WisconsinAshland55003950300Low-Income Community
WisconsinBarron55005000500Low-Income Community
WisconsinBarron55005000600Low-Income Community
WisconsinColumbia55021970400Low-Income Community
WisconsinCrawford55023960500Low-Income Community
WisconsinDodge55027960900Low-Income Community
WisconsinDunn55033970800Low-Income Community
WisconsinFond du Lac55039040500Low-Income Community
WisconsinGrant55043960900Low-Income Community
WisconsinGreen55045960500Low-Income Community
WisconsinGreen Lake55047100100Low-Income Community
WisconsinJefferson55055101100Low-Income Community
WisconsinJefferson55055100200Low-Income Community
WisconsinLanglade55067960600Low-Income Community
WisconsinLincoln55069960800Low-Income Community
WisconsinManitowoc55071005400Low-Income Community
WisconsinManitowoc55071000800Low-Income Community
WisconsinMarathon55073000500Low-Income Community
WisconsinMarathon55073000100Low-Income Community
WisconsinMarinette55075961400Low-Income Community
WisconsinMarinette55075960800Low-Income Community
WisconsinOneida55085971500Low-Income Community
WisconsinPierce55093960400Low-Income Community
WisconsinPortage55097961000Low-Income Community
WisconsinPortage55097960400Low-Income Community
WisconsinPrice55099970200Low-Income Community
WisconsinRichland55103970400Low-Income Community
WisconsinRock55105001500Low-Income Community
WisconsinRock55105001700Low-Income Community

Bulletin No. 2025–43 623 October 20, 2025
StateCountyCensus Tract NumberTract Type
WisconsinRusk55107960500Low-Income Community
WisconsinSauk55111000300Low-Income Community
WisconsinSawyer55113940000Low-Income Community
WisconsinSawyer55113100300Low-Income Community
WisconsinShawano55115100500Low-Income Community
WisconsinSheboygan55117000800Low-Income Community
WisconsinSheboygan55117011400Low-Income Community
WisconsinVernon55123960100Low-Income Community
WisconsinVilas55125940000Low-Income Community
WisconsinVilas55125950500Low-Income Community
WisconsinWalworth55127000501Low-Income Community
WisconsinWalworth55127000400Low-Income Community
WisconsinWashburn55129950500Low-Income Community
WisconsinWood55141010400Low-Income Community
WisconsinWood55141011700Low-Income Community
WisconsinWood55141011200Low-Income Community
WyomingAlbany56001963700Low-Income Community
WyomingAlbany56001962800Low-Income Community
WyomingAlbany56001963400Low-Income Community
WyomingAlbany56001963100Low-Income Community
WyomingAlbany56001963500Low-Income Community
WyomingCarbon56007967700Low-Income Community
WyomingConverse56009956600Non-LIC Contiguous
WyomingFremont56013000100Low-Income Community
WyomingFremont56013940100Low-Income Community
WyomingFremont56013940300Low-Income Community
WyomingGoshen56015958000Low-Income Community
WyomingGoshen56015957800Low-Income Community
WyomingHot Springs56017967800Low-Income Community
WyomingPark56029965400Low-Income Community
WyomingPlatte56031959400Low-Income Community
WyomingPlatte56031959100Low-Income Community
WyomingSweetwater56037970903Low-Income Community
WyomingUinta56041975400Low-Income Community
WyomingWashakie56043000301Low-Income Community

October 20, 2025 624 Bulletin No. 2025–43
Relief for Taxpayers
Affected by the 2024-2025
Terroristic Action in the
State of Israel
Notice 2025-53
SECTION I. PURPOSE
This notice provides relief under section
7508A of the Internal Revenue Code
1
for
persons that the Secretary of the Treasury
has determined to be affected by the terror-
istic action in the State of Israel through-
out 2024 and 2025. The Department of the
Treasury and the Internal Revenue Service
(IRS) may provide additional relief in the
future. For taxpayers who were “Affected
Taxpayers” for purposes of Notice 2024-
72, 2024-43 IRB 1005 (October 21, 2024),
including taxpayers who were “Affected
Taxpayers” for purposes of both Notice
2024-72 and Notice 2023-71, 2023-44
IRB 1191 (October 30, 2023), the sepa-
rate determination of terroristic action and
grant of relief set forth in this notice will
also postpone taxpayer acts and govern-
ment acts already postponed by Notice of
2024-72, including acts postponed by both
Notice 2024-72 and Notice 2023-71, if
the taxpayer is eligible for relief under the
applicable notices.
SECTION II. BACKGROUND
Section 7508A(a) provides the Sec-
retary of the Treasury or the Secretary’s
delegate (Secretary) with authority to
postpone the time (up to one year) for
performing certain acts under the internal
revenue laws for a taxpayer determined by
the Secretary to be affected by a terroris-
tic or military action as defined in section
692(c)(2). Section 692(c)(2) defines a ter-
roristic action as “any terroristic activity
which a preponderance of the evidence
indicates was directed against the United
States or any of its allies.”
Section 4.01(1) of Revenue Procedure
2004-26, 2004-1 C.B. 890, provides that
prior to publishing a determination that
an event outside the United States consti-
tutes a terroristic action within the mean-
ing of section 692(c)(2), the Secretary will
ascertain whether the Department of State
and the Department of Justice believe that
a preponderance of the evidence indicates
that the event resulted from terrorist activ-
ity directed against the United States or its
allies. On September 30, 2025, in accor-
dance with the procedures described in
Rev. Proc. 2004-26, the Secretary of the
Treasury determined that the terrorist activ-
ity throughout 2024 and 2025 against the
State of Israel constitutes terroristic action
within the meaning of section 692(c)(2).
SECTION III. GRANT OF RELIEF
With respect to taxpayers described
in section III.A of this notice (affected
taxpayers), this notice postpones the due
dates for the actions described in section
III.B and III.C of this notice until Septem-
ber 30, 2026.
A. Affected Taxpayers
Section 301.7508A-1(d)(1) describes
several types of “affected taxpayers” eli-
gible for relief under section 7508A. The
Secretary of the Treasury has determined
that the following types of taxpayers are
affected taxpayers with respect to the ter-
roristic action eligible for the relief pro-
vided in this notice:
– Any individual whose principal res-
idence, and any business entity or
sole proprietor whose principal place
of business, is located in the State of
Israel, the West Bank or Gaza (cov-
ered area);
– Any individual affiliated with a rec-
ognized government or philanthropic
organization and who is assisting in the
covered area, such as a relief worker;
– Any individual, business entity or sole
proprietor, or estate or trust whose tax
return preparer or records necessary to
meet a deadline for postponed acts are
located in the covered area;
– Any spouse of an affected taxpayer,
solely with regard to a joint return of
two married individuals; and
– Any individual visiting the covered
area who was killed, injured, or taken
hostage as a result of the terroristic
action.
The IRS automatically identifies tax-
payers whose principal residence or prin-
cipal place of business is located in the
covered area based on previously filed
returns and applies relief. Affected tax-
payers whose principal residence or prin-
cipal place of business is not located in the
covered area should call the IRS disaster
hotline at (866) 562-5227 to request relief.
Alternatively, international callers may
call (267) 941-1000.
B. Postponement of Due Dates with
Respect to Certain Taxpayer Acts
Affected taxpayers have until Septem-
ber 30, 2026 to file tax returns, make tax
payments, and perform certain time-sen-
sitive acts listed in § 301.7508A-1(c)(1)
and Revenue Procedure 2018-58, 2018-50
IRB 990 (December 10, 2018), that are
due to be performed on or after Septem-
ber 30, 2025 and before September 30,
2026. Any taxpayer acts that are due to
be performed on September 30, 2025, and
before September 30, 2026, are postponed
until September 30, 2026. These acts
include, but are not limited to:
– Filing any return of income tax, estate
tax, gift tax, generation-skipping
transfer tax, excise tax (other than
firearms tax), harbor maintenance tax,
or employment tax;
– Paying any income tax, estate tax, gift
tax, generation-skipping transfer tax,
excise tax (other than firearms tax),
harbor maintenance tax, or employ-
ment tax, or any installment of those
taxes;
– Making contributions to a qualified
retirement plan;
– Filing a petition with the Tax Court;
– Filing a claim for credit or refund of
any tax; and
– Bringing suit upon a claim for credit
or refund of any tax.
This is not an exhaustive list. For fur-
ther information, see § 301.7508A-1(c)(1)
and Rev. Proc. 2018-58.
C. Postponement of Due Dates with
Respect to Certain Government Acts
This notice also provides the IRS
with additional time to perform certain
1
Unless otherwise specified, all “Section” or “§” references are to sections of the Internal Revenue Code or the Procedure and Administration Regulations (26 CFR part 301).

Bulletin No. 2025–43 625 October 20, 2025
time-sensitive actions with respect to
affected taxpayers. Any government acts
described in § 301.7508A-1(c)(2) that are
due to be performed on or after September
30, 2025, and before September 30, 2026,
are postponed until September 30, 2026.
These acts include:
– Assessing any tax;
– Giving or making any notice or
demand for the payment of any tax,
or with respect to any liability to the
United States in respect of any tax;
– Collecting by the IRS, by levy or oth-
erwise, of the amount of any liability
in respect of any tax; and
– Bringing suit by the United States, or
any officer on its behalf, in respect of
any liability in respect of any tax; and
allowing a credit or refund of any tax.
SECTION IV. INTERACTION WITH
NOTICES 2023-71 AND 2024-72
Notice 2023-71 provided taxpayers
affected by the October 7, 2023, terror-
ist attacks against the State of Israel until
October 7, 2024, to perform acts due to be
performed on or after October 7, 2023, and
before October 7, 2024. Notice 2024-72
provided taxpayers affected by the terror-
istic action in the State of Israel through-
out 2023 and 2024 until September 30,
2025, to perform acts due to be performed
on or after September 30, 2024, and before
September 30, 2025.
Notice 2024-72 covered the same
groups of taxpayers as Notice 2023-71
but contained separate grants of relief.
Time-sensitive acts postponed by Notice
2023-71 were not due to be performed
until after the beginning of the post-
ponement period provided by Notice
2024-72. Accordingly, taxpayers eli-
gible for relief under Notice 2023-71
who were also eligible for relief under
Notice 2024-72 had until September 30,
2025, to perform the time-sensitive acts
that were postponed by Notice 2023-
71. Taxpayers eligible for relief under
Notice 2023-71 who were not also eligi-
ble for relief under Notice 2024-72 had
until October 7, 2024, to perform the
time-sensitive acts postponed by Notice
2023-71.
Government acts that were postponed
by Notice 2023-71 until October 7, 2024,
and that were described in section III.C of
Notice 2024-72, were also postponed by
Notice 2024-72 until September 30, 2025,
for taxpayers that are eligible for relief
under both Notice 2023-71 and Notice
2024-72.
This notice provides taxpayers affected
by the terroristic action in the State of
Israel throughout 2024 and 2025 until
September 30, 2026, to perform acts due
to be performed on or after September
30, 2025, and before September 30, 2026.
Time-sensitive acts postponed by Notice
2024-72, or by both Notice 2024-72 and
Notice 2023-71, are not due to be per-
formed until after the beginning of the
postponement period provided by this
notice. Accordingly, taxpayers eligible for
relief under Notice 2024-72 who are also
eligible for relief under this notice have
until September 30, 2026, to perform the
time-sensitive acts that were postponed by
Notice 2024-72.
Additionally, taxpayers eligible for
relief under both Notice 2024-72 and
Notice 2023- 71 have until September 30,
2026, to perform the time-sensitive acts
that were postponed by Notice 2023-71.
Taxpayers eligible for relief under Notice
2024-72 who are not also eligible for relief
under this notice have until September 30,
2025, to perform the time-sensitive acts
postponed by Notice 2024-72.
Government acts that were postponed
by Notice 2024-72 until September 30,
2025, and that are described in section
III.C of Notice 2024-72, are also post-
poned by this notice until September
30, 2026, for taxpayers that are eligible
for relief under Notice 2024-72 and this
notice.
SECTION V. DRAFTING
INFORMATION
The principal author of this notice is
the Office of Associate Chief Counsel
(Procedure and Administration). For fur-
ther information regarding this notice, you
may call (202) 317-3400 (not a toll-free
number).
Relief from Penalty
for Failure to Deposit
Remittance Excise Tax
Notice 2025-55
SECTION 1. PURPOSE
This notice provides relief from failure
to deposit penalties under section 6656
of the Internal Revenue Code (Code)
1

in connection with the new excise tax
imposed on certain remittance transfers
under section 4475 (remittance transfer
tax) for the first, second, and third calen-
dar quarters of 2026. This notice also pro-
vides that a remittance transfer provider’s
ability to use the deposit safe harbor under
§ 40.6302(c)-1(b)(2) will not be affected
by a failure during the first three calendar
quarters of 2026 to make deposits of the
remittance transfer tax as required under
part 40, provided the remittance transfer
provider satisfies certain requirements.
SECTION 2. BACKGROUND
Section 4475 was added to chapter 36 of
the Code (chapter 36) by section 70604 of
Public Law No. 119-21, 139 Stat. 72 (July
4, 2025), commonly known as the One,
Big, Beautiful Bill Act (OBBBA). Sec-
tion 4475 imposes a 1 percent tax on the
amount of certain remittance transfers that
occur after December 31, 2025. Pursuant
to section 4475(c), the remittance transfer
tax applies only to remittance transfers for
which the sender provides cash, a money
order, a cashier’s check, or any other sim-
ilar physical instrument to the remittance
transfer provider. Section 4475(b)(1) and
(2) provide that the remittance transfer
tax is paid by the sender, and the remit-
tance transfer provider collects and remits
the remittance transfer tax quarterly to
the Secretary of the Treasury or the Sec-
retary’s delegate (Secretary) at the time
and in the manner provided by the Sec-
retary. Pursuant to section 4475(b)(3), if
the remittance transfer tax is not collected
at the time of the remittance transfer, the
tax must be paid by the remittance transfer
1
Unless otherwise specified, all “Section” or “§” references are to sections of the Code or the Excise Tax Procedural Regulations in 26 CFR part 40 (part 40).

October 20, 2025 626 Bulletin No. 2025–43
provider. Section 4475(e)(1) defines the
terms “remittance transfer,” “remittance
transfer provider,” and “sender” to have
the meanings given to these terms by sec-
tion 919(g) of the Electronic Fund Trans-
fer Act (15 U.S.C. 1693o-1(g)).
The remittance transfer tax is codi-
fied in chapter 36, titled “Certain Other
Excise Taxes.” Chapter 36 taxes are
reported on Form 720, Quarterly Federal
Excise Tax Return. See §§ 40.0-1(a) and
40.6011(a)-1(a)(1). Section 6302 autho-
rizes the Secretary to establish the mode
and time for collecting certain taxes,
including the taxes imposed by chapter 36.
Section 40.6302(c)-1(a)(1) requires each
person that is required to file Form 720 to
make deposits of tax for each semimonthly
period in which tax liability is incurred.
Pursuant to § 40.0-1(c), a semimonthly
period is the first 15 days of a calendar
month or the portion of a calendar month
following the 15th day of the month.
Section 40.6302(c)-1(b)(1) provides
that the tax deposit for each semimonthly
period must not be less than 95 percent
of the amount of net tax liability incurred
during the semimonthly period unless a
deposit safe harbor in § 40.6302(c)-1(b)
(2) applies (deposit safe harbor). Under
the deposit safe harbor, any person that
filed Form 720 for the second preceding
calendar quarter (look-back quarter) is
considered to have met the semimonthly
deposit requirement for the current quar-
ter if: (i) the deposit for each semimonthly
period in the current calendar quarter is
not less than 1/6 of the net tax liability
reported for the look-back quarter; (ii)
each deposit is made on time; (iii) the
amount of any underpayment is paid by
the due date of Form 720; and (iv) the
person’s liability does not include any
tax that was not imposed during the look-
back quarter. Section 40.6302(c)-1(b)(2)
(v) provides that if a person fails to make
deposits as required under part 40, the
Internal Revenue Service (IRS) may with-
draw the person’s right to use the deposit
safe harbor.
Section 40.6302(c)-1(c)(1) provides
that, in general, the deposit of tax for any
semimonthly period must be made by the
14th day of the following semimonthly
period unless such day is a Saturday,
Sunday, or legal holiday in the District of
Columbia, in which case the immediately
preceding day which is not a Saturday,
Sunday, or legal holiday in the District of
Columbia is treated as the 14th day. Thus,
generally, the deposit of tax for the first
semimonthly period in a month is due by
the 29th day of that month and the deposit
of tax for the second semimonthly period
in a month is due on the 14th day of the
following month. See § 40.6302(c)-2 for
special deposit rules for September.
Section 6656(a) imposes a penalty
in the case of any person’s failure to
make timely deposits as required by
section 6302, including as required by
§§ 40.6302(c)-1 and 40.6302(c)-2. Sec-
tion 6656 does not apply if the person can
show that the failure is due to reasonable
cause and not due to willful neglect (rea-
sonable cause standard).
As the remittance transfer tax is effec-
tive beginning January 1, 2026, the first
deposit, covering the first 15 days of Jan-
uary 2026, is due by January 29, 2026.
Because the deposit safe harbor rules
in § 40.6302(c)-1(b)(2) require a look-
back quarter in which the same taxes are
imposed to determine deposit amounts in
the current quarter, a remittance transfer
provider will be unable to use the deposit
safe harbor to calculate semimonthly
deposits of the tax until the third calendar
quarter of 2026. See § 40.6302(c)-1(b)(2)
(ii) and (iii). For purposes of the deposit
safe harbor, the first calendar quarter of
2026 is the look-back quarter for the semi-
monthly periods during the third calendar
quarter of 2026.
SECTION 3. GRANT OF RELIEF
To provide a transition period for
remittance transfer providers to famil-
iarize themselves with the new tax and
its reporting and deposit requirements,
the Department of the Treasury and
the IRS have determined that it is in
the interest of sound tax administra-
tion to provide relief from the section
6656 penalty with respect to remittance
transfer tax deposits for the first three
calendar quarters of 2026. Specifically,
for semimonthly periods in the first
three calendar quarters of 2026, a remit-
tance transfer provider will be deemed
to have satisfied the reasonable cause
standard under section 6656 if: (i) the
remittance transfer provider makes
timely deposits of the applicable remit-
tance transfer tax, even if the deposit
amounts are computed incorrectly, and
(ii) the amount of any underpayment of
the applicable remittance transfer tax
for each calendar quarter is paid in full
by the due date for filing the Form 720
for that quarter.
In addition, a remittance transfer pro-
vider’s ability to use the deposit safe har-
bor under § 40.6302(c)-1(b)(2) will not
be affected by a failure during the first
three calendar quarters of 2026 to make
deposits of the remittance transfer tax
as required under part 40, provided the
remittance transfer provider satisfies the
reasonable cause standard for those quar-
ters.
SECTION 4. DRAFTING
INFORMATION
The principal author of this notice is
the Office of the Associate Chief Coun-
sel (Energy, Credits, and Excise Tax). For
questions regarding this notice, contact
the office at (202) 317-6855 (not a toll-
free number).

Bulletin No. 2025–43 i October 20, 2025
Definition of Terms
Revenue rulings and revenue procedures
(hereinafter referred to as “rulings”) that
have an effect on previous rulings use the
following defined terms to describe the
effect:
Amplified describes a situation where
no change is being made in a prior pub-
lished position, but the prior position is
being extended to apply to a variation of
the fact situation set forth therein. Thus,
if an earlier ruling held that a principle
applied to A, and the new ruling holds that
the same principle also applies to B, the
earlier ruling is amplified. (Compare with
modified, below).
Clarified is used in those instances
where the language in a prior ruling is
being made clear because the language
has caused, or may cause, some confu-
sion. It is not used where a position in a
prior ruling is being changed.
Distinguished describes a situation
where a ruling mentions a previously pub-
lished ruling and points out an essential
difference between them.
Modified is used where the substance
of a previously published position is being
changed. Thus, if a prior ruling held that a
principle applied to A but not to B, and the
new ruling holds that it applies to both A
and B, the prior ruling is modified because
it corrects a published position. (Compare
with amplified and clarified, above).
Obsoleted describes a previously pub-
lished ruling that is not considered deter-
minative with respect to future transactions.
This term is most commonly used in a ruling
that lists previously published rulings that
are obsoleted because of changes in laws or
regulations. A ruling may also be obsoleted
because the substance has been included in
regulations subsequently adopted.
Revoked describes situations where the
position in the previously published ruling
is not correct and the correct position is
being stated in a new ruling.
Superseded describes a situation where
the new ruling does nothing more than
restate the substance and situation of a
previously published ruling (or rulings).
Thus, the term is used to republish under
the 1986 Code and regulations the same
position published under the 1939 Code
and regulations. The term is also used
when it is desired to republish in a single
ruling a series of situations, names, etc.,
that were previously published over a
period of time in separate rulings. If the
new ruling does more than restate the sub-
stance of a prior ruling, a combination of
terms is used. For example, modified and
superseded describes a situation where the
substance of a previously published ruling
is being changed in part and is continued
without change in part and it is desired to
restate the valid portion of the previously
published ruling in a new ruling that is
self contained. In this case, the previously
published ruling is first modified and then,
as modified, is superseded.
Supplemented is used in situations in
which a list, such as a list of the names of
countries, is published in a ruling and that
list is expanded by adding further names
in subsequent rulings. After the original
ruling has been supplemented several
times, a new ruling may be published that
includes the list in the original ruling and
the additions, and supersedes all prior rul-
ings in the series.
Suspended is used in rare situations
to show that the previous published rul-
ings will not be applied pending some
future action such as the issuance of new
or amended regulations, the outcome of
cases in litigation, or the outcome of a
Service study.
Abbreviations
The following abbreviations in current
use and formerly used will appear in
material published in the Bulletin.
A—Individual.
Acq.—Acquiescence.
B—Individual.
BE—Beneficiary.
BK—Bank.
B.T.A.—Board of Tax Appeals.
C—Individual.
C.B.—Cumulative Bulletin.
CFR—Code of Federal Regulations.
CI—City.
COOP—Cooperative.
Ct.D.
—Court Decision.
CY—County.
D—Decedent.
DC—Dummy Corporation.
DE—Donee.
Del. Order—Delegation Order.
DISC—Domestic International Sales Corporation.
DR—Donor.
E—Estate.
EE—Employee.
E.O.—Executive Order.
ER—Employer.
ERISA—Employee Retirement Income Security Act.
EX—Executor.
F—Fiduciary.
FC—Foreign Country.
FICA—Federal Insurance Contributions Act.
FISC—Foreign International Sales Company.
FPH—Foreign Personal Holding Company.
F.R.—Federal Register.
FUTA—Federal Unemployment Tax Act.
FX—Foreign corporation.
G.C.M.—Chief Counsel’s Memorandum.
GE—Grantee.
GP—General Partner.
GR—Grantor.
IC—Insurance Company.
I.R.B.—Internal Revenue Bulletin.
LE—Lessee.
LP—Limited Partner.
LR—Lessor.
M—Minor.
Nonacq.—Nonacquiescence.
O—Organization.
P—Parent Corporation.
PHC—Personal Holding Company.
PO—Possession of the U.S.
PR—Partner.
PRS—Partnership.
PTE—Prohibited Transaction Exemption.
Pub. L.—Public Law.
REIT—Real Estate Investment Trust.
Rev. Proc.—Revenue Procedure.
Rev. Rul.—Revenue Ruling.
S—Subsidiary.
S.P.R.—Statement of Procedural Rules.
Stat.—Statutes at Large.
T—Target Corporation.
T.C.—Tax Court.
T.D.—Treasury Decision.
TFE—Transferee.
TFR—Transferor.
T.I.R.—Technical Information Release.
TP—Taxpayer.
TR—Trust.
TT—Trustee.
U.S.C.—United States Code.
X—Corporation.
Y—Corporation.
Z—Corporation.

October 20, 2025 ii Bulletin No. 2025–43
Numerical Finding List
1
Bulletin 2025–43
Announcements:
2025-19, 2025-29 I.R.B. 191
2025-20, 2025-31 I.R.B. 271
2025-21, 2025-32 I.R.B. 312
2025-24, 2025-36 I.R.B. 359
2025-25, 2025-36 I.R.B. 360
2025-26, 2025-40 I.R.B. 444
Notices:
2025-32, 2025-27 I.R.B. 1
2025-33, 2025-27 I.R.B. 4
2025-34, 2025-27 I.R.B. 6
2025-35, 2025-27 I.R.B. 8
2025-31, 2025-28 I.R.B. 14
2025-36, 2025-30 I.R.B. 192
2025-37, 2025-30 I.R.B. 198
2025-40, 2025-31 I.R.B. 266
2025-39, 2025-32 I.R.B. 308
2025-28, 2025-34 I.R.B. 316
2025-41, 2025-34 I.R.B. 325
2025-42, 2025-36 I.R.B. 351
2025-43, 2025-36 I.R.B. 356
2025-44, 2025-37 I.R.B. 386
2025-45, 2025-37 I.R.B. 388
2025-38, 2025-38 I.R.B. 392
2025-47, 2025-40 I.R.B. 441
2025-51, 2025-41 I.R.B. 448
2025-52, 2025-41 I.R.B. 474
2025-54, 2025-41 I.R.B. 479
2025-46, 2025-43 I.R.B. 533
2025-50, 2025-43 I.R.B. 542
2025-53, 2025-43 I.R.B. 624
2025-55, 2025-43 I.R.B. 625
Proposed Regulations:
REG-125710-18, 2025-30 I.R.B. 263
REG-107459-24, 2025-32 I.R.B. 313
REG-132805-17, 2025-35 I.R.B. 342
REG-108822-25, 2025-36 I.R.B. 361
REG-129260-16, 2025-39 I.R.B. 410
REG-108673-25, 2025-42 I.R.B. 494
REG-110032-25, 2025-42 I.R.B. 495
REG-112261-24; REG-116085-23, 2025-42
I.R.B. 522
Revenue Procedures:
2025-22, 2025-30 I.R.B. 200
2025-24, 2025-31 I.R.B. 273
2025-25, 2025-32 I.R.B. 311
2025-26, 2025-33 I.R.B. 315
2025-28, 2025-38 I.R.B. 393
2025-30, 2025-42 I.R.B. 489
Revenue Rulings:
2025-13, 2025-28 I.R.B. 11
2025-14, 2025-32 I.R.B. 300
2025-15, 2025-32 I.R.B. 302
2025-16, 2025-35 I.R.B. 342
2025-17, 2025-36 I.R.B. 349
2025-18, 2025-37 I.R.B. 365
2025-19, 2025-41 I.R.B. 445
2025-20, 2025-41 I.R.B. 447
Treasury Decisions:
10021, 2025-31 I.R.B. 264
10031, 2025-32 I.R.B. 304
10033, 2025-40 I.R.B. 411
10035, 2025-42 I.R.B. 484
10034, 2025-43 I.R.B. 523
10036, 2025-43 I.R.B. 525
1
A cumulative list of all revenue rulings, revenue procedures, Treasury decisions, etc., published in Internal Revenue Bulletins 2025–27 through 2025–52 is in Internal Revenue Bulletin
2025–52, dated December 22, 2025.

Bulletin No. 2025–43 iii October 20, 2025
Finding List of Current Actions on
Previously Published Items
1
Bulletin 2025–43
1
A cumulative list of all revenue rulings, revenue procedures, Treasury decisions, etc., published in Internal Revenue Bulletins 2025–27 through 2025–52 is in Internal Revenue Bulletin
2025–52, dated December 22, 2025.

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Washington, DC 20224
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