diff --git a/.gitignore b/.gitignore
index 9e85d7069..84225e513 100644
--- a/.gitignore
+++ b/.gitignore
@@ -28,6 +28,7 @@ node_modules
 !policyengine_us_data/storage/social_security_aux.csv
 !policyengine_us_data/storage/SSPopJul_TR2024.csv
 !policyengine_us_data/storage/national_and_district_rents_2023.csv
+!policyengine_us_data/storage/calibration_targets/aca_marketplace_state_metal_selection_2024.csv
 docs/.ipynb_checkpoints/
 
 ## ACA PTC state-level uprating factors
diff --git a/changelog.d/618.added.md b/changelog.d/618.added.md
new file mode 100644
index 000000000..37b60f5d5
--- /dev/null
+++ b/changelog.d/618.added.md
@@ -0,0 +1,2 @@
+Add an ACA marketplace ETL that loads state-level HC.gov bronze-plan
+selection targets for APTC recipients into the calibration database.
diff --git a/policyengine_us_data/db/create_field_valid_values.py b/policyengine_us_data/db/create_field_valid_values.py
index 76e104a97..080856852 100644
--- a/policyengine_us_data/db/create_field_valid_values.py
+++ b/policyengine_us_data/db/create_field_valid_values.py
@@ -70,6 +70,7 @@ def populate_field_valid_values(session: Session) -> None:
         ("source", "Census ACS S0101", "survey"),
         ("source", "IRS SOI", "administrative"),
         ("source", "CMS Medicaid", "administrative"),
+        ("source", "CMS 2024 OEP state metal status PUF", "administrative"),
         ("source", "Census ACS S2704", "survey"),
         ("source", "USDA FNS SNAP", "administrative"),
         ("source", "Census ACS S2201", "survey"),
diff --git a/policyengine_us_data/db/etl_aca_marketplace.py b/policyengine_us_data/db/etl_aca_marketplace.py
new file mode 100644
index 000000000..7dc50433c
--- /dev/null
+++ b/policyengine_us_data/db/etl_aca_marketplace.py
@@ -0,0 +1,213 @@
+from __future__ import annotations
+
+import logging
+from pathlib import Path
+
+import pandas as pd
+from policyengine_us.system import system
+from sqlmodel import Session, create_engine
+
+from policyengine_us_data.calibration.calibration_utils import STATE_CODES
+from policyengine_us_data.db.create_database_tables import (
+    Stratum,
+    StratumConstraint,
+    Target,
+)
+from policyengine_us_data.storage import CALIBRATION_FOLDER, STORAGE_FOLDER
+from policyengine_us_data.utils.db import etl_argparser, get_geographic_strata
+
+logger = logging.getLogger(__name__)
+
+BENCHMARK_SILVER_RATIO = 1.0
+
+STATE_METAL_SELECTION_PATH = (
+    CALIBRATION_FOLDER / "aca_marketplace_state_metal_selection_2024.csv"
+)
+
+REQUIRED_POLICYENGINE_US_VARIABLES = {
+    "selected_marketplace_plan_benchmark_ratio",
+    "used_aca_ptc",
+}
+
+STATE_ABBR_TO_FIPS = {abbr: fips for fips, abbr in STATE_CODES.items()}
+
+
+def _extra_args(parser) -> None:
+    parser.add_argument(
+        "--state-metal-csv",
+        type=Path,
+        default=STATE_METAL_SELECTION_PATH,
+        help=("State-metal CMS OEP proxy CSV. Default: %(default)s"),
+    )
+
+
+def require_marketplace_variables() -> None:
+    missing = sorted(
+        var_name
+        for var_name in REQUIRED_POLICYENGINE_US_VARIABLES
+        if var_name not in system.variables
+    )
+    if missing:
+        raise RuntimeError(
+            "ACA marketplace ETL requires policyengine-us variables that are not "
+            f"available in the current environment: {', '.join(missing)}"
+        )
+
+
+def build_state_marketplace_bronze_aptc_targets(
+    state_metal_df: pd.DataFrame,
+) -> pd.DataFrame:
+    """
+    Build HC.gov state bronze-selection targets among APTC consumers.
+
+    The 2024 CMS state-metal-status PUF exposes:
+    - metal rows (`B`, `G`, `S`) with enrollment_status=`All`
+    - aggregate rows (`All`) broken out by enrollment status (`01-atv`, etc.)
+
+    We use:
+    - total APTC consumers = sum of `aptc_consumers` for `metal_level == All`
+      across enrollment statuses
+    - bronze APTC consumers = `aptc_consumers` on the bronze row
+    """
+    df = state_metal_df.copy()
+    df = df[df["platform"] == "HC.gov"].copy()
+
+    total_rows = df[
+        (df["metal_level"] == "All") & (df["aptc_consumers"].notna())
+    ].copy()
+    bronze_rows = df[
+        (df["metal_level"] == "B")
+        & (df["enrollment_status"] == "All")
+        & (df["aptc_consumers"].notna())
+    ].copy()
+
+    total_aptc = total_rows.groupby("state_code", as_index=False).agg(
+        marketplace_aptc_consumers=("aptc_consumers", "sum"),
+        marketplace_consumers=("consumers", "sum"),
+    )
+    bronze_aptc = bronze_rows[["state_code", "aptc_consumers", "consumers"]].rename(
+        columns={
+            "aptc_consumers": "bronze_aptc_consumers",
+            "consumers": "bronze_consumers",
+        }
+    )
+
+    result = total_aptc.merge(bronze_aptc, on="state_code", how="inner")
+    result["state_fips"] = result["state_code"].map(STATE_ABBR_TO_FIPS)
+    result = result[result["state_fips"].notna()].copy()
+    result["state_fips"] = result["state_fips"].astype(int)
+    result["bronze_aptc_share"] = (
+        result["bronze_aptc_consumers"] / result["marketplace_aptc_consumers"]
+    )
+    result.insert(0, "year", 2024)
+    result.insert(1, "source", "cms_2024_oep_state_metal_status_puf")
+    return result.sort_values("state_code").reset_index(drop=True)
+
+
+def load_state_marketplace_bronze_aptc_targets(
+    targets_df: pd.DataFrame,
+    year: int,
+) -> None:
+    db_url = f"sqlite:///{STORAGE_FOLDER / 'calibration' / 'policy_data.db'}"
+    engine = create_engine(db_url)
+
+    with Session(engine) as session:
+        geo_strata = get_geographic_strata(session)
+
+        for row in targets_df.itertuples(index=False):
+            state_fips = int(row.state_fips)
+            parent_id = geo_strata["state"].get(state_fips)
+            if parent_id is None:
+                logger.warning(
+                    "No state geographic stratum for FIPS %s, skipping", state_fips
+                )
+                continue
+
+            aptc_stratum = Stratum(
+                parent_stratum_id=parent_id,
+                notes=f"State FIPS {state_fips} Marketplace APTC recipients",
+            )
+            aptc_stratum.constraints_rel = [
+                StratumConstraint(
+                    constraint_variable="state_fips",
+                    operation="==",
+                    value=str(state_fips),
+                ),
+                StratumConstraint(
+                    constraint_variable="used_aca_ptc",
+                    operation=">",
+                    value="0",
+                ),
+            ]
+            aptc_stratum.targets_rel.append(
+                Target(
+                    variable="tax_unit_count",
+                    period=year,
+                    value=float(row.marketplace_aptc_consumers),
+                    active=True,
+                    source="CMS 2024 OEP state metal status PUF",
+                    notes="HC.gov APTC consumers across all enrollment statuses",
+                )
+            )
+            session.add(aptc_stratum)
+            session.flush()
+
+            bronze_stratum = Stratum(
+                parent_stratum_id=aptc_stratum.stratum_id,
+                notes=f"State FIPS {state_fips} Marketplace bronze APTC recipients",
+            )
+            bronze_stratum.constraints_rel = [
+                StratumConstraint(
+                    constraint_variable="state_fips",
+                    operation="==",
+                    value=str(state_fips),
+                ),
+                StratumConstraint(
+                    constraint_variable="used_aca_ptc",
+                    operation=">",
+                    value="0",
+                ),
+                StratumConstraint(
+                    constraint_variable="selected_marketplace_plan_benchmark_ratio",
+                    operation="<",
+                    value=str(BENCHMARK_SILVER_RATIO),
+                ),
+            ]
+            bronze_stratum.targets_rel.append(
+                Target(
+                    variable="tax_unit_count",
+                    period=year,
+                    value=float(row.bronze_aptc_consumers),
+                    active=True,
+                    source="CMS 2024 OEP state metal status PUF",
+                    notes="HC.gov bronze plan selections among APTC consumers",
+                )
+            )
+            session.add(bronze_stratum)
+            session.flush()
+
+        session.commit()
+
+
+def main() -> None:
+    args, year = etl_argparser(
+        "ETL for ACA marketplace bronze-selection calibration targets",
+        extra_args_fn=_extra_args,
+    )
+    require_marketplace_variables()
+
+    state_metal = pd.read_csv(args.state_metal_csv)
+    targets_df = build_state_marketplace_bronze_aptc_targets(state_metal)
+    if targets_df.empty:
+        raise RuntimeError("No HC.gov marketplace bronze/APTC targets were generated.")
+
+    print(
+        "Loading ACA marketplace bronze/APTC state targets for "
+        f"{len(targets_df)} states from {args.state_metal_csv}"
+    )
+    load_state_marketplace_bronze_aptc_targets(targets_df, year)
+    print("ACA marketplace bronze/APTC targets loaded.")
+
+
+if __name__ == "__main__":
+    main()
diff --git a/policyengine_us_data/storage/calibration_targets/aca_marketplace_state_metal_selection_2024.csv b/policyengine_us_data/storage/calibration_targets/aca_marketplace_state_metal_selection_2024.csv
new file mode 100644
index 000000000..a00a3296c
--- /dev/null
+++ b/policyengine_us_data/storage/calibration_targets/aca_marketplace_state_metal_selection_2024.csv
@@ -0,0 +1,307 @@
+year,source,state_code,platform,metal_level,enrollment_status,consumers,avg_selected_premium,avg_selected_net_premium,selected_lte10_share,selected_lte10_consumers,aptc_consumers,aptc_share,avg_aptc
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+2024,cms_2024_oep_state_metal_status_puf,IA,HC.gov,G,All,35246.0,645.0,217.0,0.09,3172.14,29959.1,0.85,504.0
+2024,cms_2024_oep_state_metal_status_puf,IA,HC.gov,S,All,34482.0,616.0,45.0,0.58,19999.559999999998,34137.18,0.99,579.0
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+2024,cms_2024_oep_state_metal_status_puf,ID,SBM,All,03-new,18369.0,,,,,,,
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+2024,cms_2024_oep_state_metal_status_puf,ID,SBM,S,All,38244.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,IL,HC.gov,All,01-atv,186428.0,733.0,197.0,0.18,33557.04,171513.76,0.92,583.0
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+2024,cms_2024_oep_state_metal_status_puf,IL,HC.gov,S,All,218068.0,665.0,127.0,0.29,63239.719999999994,209345.28,0.96,562.0
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+2024,cms_2024_oep_state_metal_status_puf,IN,HC.gov,All,02-aut,71094.0,539.0,168.0,0.25,17773.5,59008.02,0.83,447.0
+2024,cms_2024_oep_state_metal_status_puf,IN,HC.gov,All,03-new,90052.0,484.0,85.0,0.58,52230.159999999996,82847.84,0.92,434.0
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+2024,cms_2024_oep_state_metal_status_puf,IN,HC.gov,G,All,8491.0,687.0,510.0,0.0,0.0,4839.87,0.57,313.0
+2024,cms_2024_oep_state_metal_status_puf,IN,HC.gov,S,All,171103.0,541.0,96.0,0.43,73574.29,160836.81999999998,0.94,474.0
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+2024,cms_2024_oep_state_metal_status_puf,KS,HC.gov,All,02-aut,40115.0,631.0,136.0,0.33,13237.95,36103.5,0.9,552.0
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+2024,cms_2024_oep_state_metal_status_puf,KS,HC.gov,G,All,17909.0,775.0,348.0,0.02,358.18,15043.56,0.84,511.0
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+2024,cms_2024_oep_state_metal_status_puf,KY,SBM,G,All,6703.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,KY,SBM,S,All,37430.0,,,,,,,
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+2024,cms_2024_oep_state_metal_status_puf,LA,HC.gov,All,03-new,68975.0,655.0,57.0,0.71,48972.25,66905.75,0.97,616.0
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+2024,cms_2024_oep_state_metal_status_puf,MA,SBM,All,02-aut,196010.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,MA,SBM,All,03-new,65913.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,MA,SBM,B,All,27780.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,MA,SBM,G,All,8512.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,MA,SBM,S,All,271998.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,MD,SBM,All,01-atv,33919.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,MD,SBM,All,02-aut,123756.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,MD,SBM,All,03-new,56220.0,,,,,,,
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+2024,cms_2024_oep_state_metal_status_puf,MD,SBM,S,All,55420.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,ME,SBM,All,01-atv,19528.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,ME,SBM,All,02-aut,32813.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,ME,SBM,All,03-new,10245.0,,,,,,,
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+2024,cms_2024_oep_state_metal_status_puf,ME,SBM,G,All,5716.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,ME,SBM,S,All,27456.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,MI,HC.gov,All,01-atv,195516.0,552.0,143.0,0.27,52789.32000000001,179874.72,0.92,445.0
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+2024,cms_2024_oep_state_metal_status_puf,MN,SBM,All,02-aut,83132.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,MN,SBM,All,03-new,36206.0,,,,,,,
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+2024,cms_2024_oep_state_metal_status_puf,MN,SBM,S,All,42578.0,,,,,,,
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+2024,cms_2024_oep_state_metal_status_puf,MS,HC.gov,All,02-aut,61379.0,612.0,58.0,0.52,31917.08,58923.84,0.96,578.0
+2024,cms_2024_oep_state_metal_status_puf,MS,HC.gov,All,03-new,82756.0,570.0,29.0,0.73,60411.88,81100.88,0.98,551.0
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+2024,cms_2024_oep_state_metal_status_puf,MT,HC.gov,All,02-aut,17769.0,596.0,194.0,0.3,5330.7,14392.890000000001,0.81,498.0
+2024,cms_2024_oep_state_metal_status_puf,MT,HC.gov,All,03-new,15653.0,530.0,121.0,0.39,6104.67,14087.7,0.9,456.0
+2024,cms_2024_oep_state_metal_status_puf,MT,HC.gov,B,All,39115.0,555.0,161.0,0.32,12516.800000000001,33247.75,0.85,462.0
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+2024,cms_2024_oep_state_metal_status_puf,NJ,SBM,S,All,324273.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,NM,SBM,All,01-atv,20654.0,,,,,,,
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+2024,cms_2024_oep_state_metal_status_puf,NY,SBM,S,All,105329.0,,,,,,,
+2024,cms_2024_oep_state_metal_status_puf,OH,HC.gov,All,01-atv,219367.0,611.0,142.0,0.42,92134.14,199623.97,0.91,516.0
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diff --git a/tests/unit/test_aca_marketplace_targets.py b/tests/unit/test_aca_marketplace_targets.py
new file mode 100644
index 000000000..ca979e69c
--- /dev/null
+++ b/tests/unit/test_aca_marketplace_targets.py
@@ -0,0 +1,64 @@
+import numpy as np
+import pandas as pd
+import pytest
+
+from policyengine_us_data.db.etl_aca_marketplace import (
+    build_state_marketplace_bronze_aptc_targets,
+)
+
+
+def test_build_state_marketplace_bronze_aptc_targets_uses_hcgov_aptc_counts():
+    df = pd.DataFrame(
+        [
+            {
+                "state_code": "AL",
+                "platform": "HC.gov",
+                "metal_level": "All",
+                "enrollment_status": "01-atv",
+                "consumers": 100.0,
+                "aptc_consumers": 90.0,
+            },
+            {
+                "state_code": "AL",
+                "platform": "HC.gov",
+                "metal_level": "All",
+                "enrollment_status": "02-aut",
+                "consumers": 50.0,
+                "aptc_consumers": 40.0,
+            },
+            {
+                "state_code": "AL",
+                "platform": "HC.gov",
+                "metal_level": "B",
+                "enrollment_status": "All",
+                "consumers": 80.0,
+                "aptc_consumers": 60.0,
+            },
+            {
+                "state_code": "CA",
+                "platform": "SBM",
+                "metal_level": "All",
+                "enrollment_status": "01-atv",
+                "consumers": 200.0,
+                "aptc_consumers": np.nan,
+            },
+            {
+                "state_code": "CA",
+                "platform": "SBM",
+                "metal_level": "B",
+                "enrollment_status": "All",
+                "consumers": 90.0,
+                "aptc_consumers": np.nan,
+            },
+        ]
+    )
+
+    result = build_state_marketplace_bronze_aptc_targets(df)
+
+    assert list(result["state_code"]) == ["AL"]
+    row = result.iloc[0]
+    assert row["marketplace_aptc_consumers"] == pytest.approx(130.0)
+    assert row["marketplace_consumers"] == pytest.approx(150.0)
+    assert row["bronze_aptc_consumers"] == pytest.approx(60.0)
+    assert row["bronze_consumers"] == pytest.approx(80.0)
+    assert row["bronze_aptc_share"] == pytest.approx(60.0 / 130.0)