***Updated May 13, 2015*** The majority of states have completed their annual data update and are now using 2014 annual data. For those dedicated and loyal readers of the Impact DataSource TEA blogs, you may have noticed a recurring theme: … Read More
TEA
2015 Targeted Employment Area Data Released
The Bureau of Labor Statistics released the finalized 2014 annual average unemployment data for metropolitan statistical areas (MSAs), cities and counties late last month. These data commonly serve as the basis for high unemployment area calculations to determine qualifying targeted employment … Read More
50 Sides to the Same Coin: A Comparison of States’ Approaches to Targeted Employment Area Certification
For EB-5 project sponsors, the step of determining whether a project is located in a targeted employment area (TEA) can be critical. Unfortunately it can also be frustrating. While the federal regulations that broadly define a TEA do apply nationally, … Read More
I can get you a TEA by 3 o’clock this afternoon, with nail polish.
How long will it take to get my TEA letter? Determining whether or not a project is located in a targeted employment area (TEA) is often one of the first questions that stakeholders for a potential EB-5 project will ask. … Read More
Census Block Groups Provide Another TEA Option
The important initial step of determining if your EB-5 project might be TEA-eligible can often be frustrating. Sometimes no matter how hard you try, it seems impossible to make a reasonable TEA. When the most common way of obtaining a … Read More
Dude, Where's My TEA?
Changes to data used in unemployment calculations may have significant impacts on a site’s ability to qualify as a Targeted Employment Area (TEA) On April 18, 2014, the Bureau of Labor Statistics (BLS) released the final 2013 annual unemployment rates … Read More
2014 Targeted Employment Area Data Released
The Bureau of Labor Statistics released the finalized 2013 annual average unemployment data for metropolitan statistical areas (MSAs), cities and counties on Friday April 18, 2014. These data commonly serve as the basis for high unemployment area calculations to determine … Read More
EB-5 Geographies Explained
The number of approved EB-5 regional centers has grown exponentially over the last several years and one of the many confusing elements of the EB-5 program has to do with the levels of geographic scope with respect to the regional … Read More
2013 Targeted Employment Area Data Released
The Bureau of Labor Statistics released the finalized 2012 annual average unemployment data for metropolitan statistical areas (MSAs), cities and counties on Friday April 19, 2013. These data commonly serve as the basis for high unemployment area calculations to determine … Read More