Low and moderate income persons definition

Low and moderate income persons means the definition set by HUD.
Low and moderate income persons means individuals and families who qualify as low- and moderate-income persons pursuant to guidelines the agency establishes.
Low and moderate income persons means individuals, irrespective of race, religion, creed, national origin, or sex, as determined by the corporation to require such assistance as is made available by this chapter on account of insufficient personal or family income taking into consideration factors, including:

Examples of Low and moderate income persons in a sentence

  • At least fifty-one percent (51%) of the beneficiaries of a project funded through this Agreement must be Low and Moderate Income Persons or persons presumed to be low and moderate income.

  • Both Parties acknowledge that the eligible activities carried out under this Agreement, as described in the scope of work in Exhibit “A”, will benefit Low- and Moderate- Income Persons on an Area-Wide Basis and meet the National Objective as defined in 24 CFR 570.208(a)(1)(i).


More Definitions of Low and moderate income persons

Low and moderate income persons means members of families whose incomes are within the income limits of low- and moderate-income families as defined in Paragraph (j) of this Rule.
Low and moderate income persons means members of low- and moderate-income households.
Low and moderate income persons means persons, irrespective of race, religion,
Low and moderate income persons means members of low- and moderate-income families as defined in this rule.
Low and moderate income persons means individuals and 64
Low and moderate income persons means individuals and families who qualify as low- and moderate-income persons under guidelines the Department of Development or the Agency establishes.
Low and moderate income persons means those individuals in a family whose income is less than 80% of the median income of the area (for non-metropolitan areas the non-metropolitan median income or county income shall apply, whichever is higher).