Fair Lending / CRA MMCT HMCT %

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    What is the official or recommended definition of a majority minority census tract and a high minority census tract? Where is that definition located? The FRB Outlook Live webinar from 12/6 referred to these, but I did not catch the official definition. I just want to make sure we are identifying these areas correctly so that we can make sure we are marketing to these areas and serving them. Thank you


    A “minority census tract” is a census tract that has a minority population of at least 30 percent and a median income of less than 100 percent of the AMI. (“minority%20census%20tract”%20is,100%20percent%20of%20the%20AMI.)

    A majority-minority (high-minority) census tract has a population that is at least 50 percent minorities, which means that more than half of individuals in the census tract are minorities, i.e. Black, Asian, Hispanic, Asian-Pacific Islander, and/or Native American. (

    Underserved area definition are determine by, low-income area and minority census tract definitions are based on prior year metropolitan area definitions as determined by OMB. Designated disaster areas are identified by FHFA based on the three most recent years’ declarations by the Federal Emergency Management Agency.

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