HomeMy WebLinkAboutHarmony Groundbreaking_03.2024
January 11. 2022
U.S. Citizenship and Immigration Services (USCIS)
Immigrant Investor Program Office
131 M Street NE
Mailstop 2235
Washington, DC 20529
RE: EB-5 Designation of Targeted Employment Area
To Whom It May Concern:
As Mayor of Georgetown, TX, by the authority granted to me by the State of Texas, I hereby
designate that the following Williamson County census tract(s) compose a Targeted
Employment Area (TEA) for EB-5 program purposes:
Census Tract 214.02
Census Tract 214.03
I have confirmed that the following sites are located within Census Tract 214.03, Williamson
County, Texas and are included in the TEA described above.
(1) northeast corner of Blue Springs Boulevard and North I-35 Frontage Road, Georgetown
TX 78626
(2) south of SE Inner Loop in between Blue Springs Boulevard and North I-35 Frontage Roa
d Georgetown, TX 78626
The determination of eligibility is based on analysis of labor force data and the application of
the census-share method, as described in the U.S. Bureau of Labor Statistics, Local Area
Unemployment Statistics Program Manual. The unemployment calculations were made using
the American Community Survey 2015-2019 data (which is based on 2010 census tract
boundaries) for the purpose of establishing ratios of census tract group-to-county shares of
employment and unemployment. Furthermore, county-level unemployment was obtained
from the Bureau of Labor Statistics 2020 annual Local Area Unemployment Statistics. These
data sets were used to determine the qualifying subareas with unemployment meeting or
exceeding the current required threshold of 12.2%.
I have determined that the 2020 unemployment rate in the area composed of the census
tract(s) described above is 13.2%, which exceeds the threshold rate of 12.2%, or 150% of the
2020 average national unemployment rate of 8.1%, according to the Bureau of Labor Statistics.
Mayor Josh Schroeder
City Hall | 808 Martin Luther King Jr. St. | Georgetown,
TX 78627
0 512-930-3652 F (512) 930-3622
georgetown.org