What makes an Underserved Area?
* The Internal Revenue Service could designate the area as an empowerment zone or enterprise community. The area could have at least 20% of its population living below the federal poverty line, which is generated by the federal government based on census data. The area could be a metropolitan or rural region where the median family income is at or below 80 % of the median family income for that area or 80% of the national median family income. (To meet this requirement an area has to have "significant unmet needs" for loans and investment as well.) The unemployment rate for the area could be 1.5 times the national average. "Occupied distressed housing" could account for at least 20% of an area's housing stock. The rural area could have experienced a population loss of at least 10% between 1980 and 1990.