(2) Moderate-income, which means an individual income that is at least 50 percent and less than 80 percent of the area median income, or a median family income that is at least 50 and less than 80 percent, in the case of a geography.


12 CFR § 25.12

Scoping language

For purposes of subparts A, B, C, and D, and appendices A and B, of this part, the following definitions apply:

Is this correct? or