Adjusted Income.

Adjusted Income. Annual income, as specified in part 5 of this title, less allowances specified in the definition of Adjusted Income in part 5 of this title.

Source

24 CFR § 248.101


Scoping language

Acquisition Loan. A loan or advance of credit made to a qualified purchaser of eligible low income housing and insured by the Commissioner under part 241, subpart E of this chapter.

Is this correct? or