Low- and Moderate-Income

Low- and Moderate-Income means income that does not exceed 80 percent of the median income of the area involved, as determined by the Secretary of Housing and Urban Development, with adjustments for smaller and larger families pursuant to section 102(20) of the Housing and Community Development Act of 1974 (42 U.S.C. 5302(a)(20));

Source

12 CFR § 1806.103

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Scoping language

For purposes of this part, the following terms shall have the following definitions:

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