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moderate-income

Defined in 1 dictionary — U.S. Code

United States Code

12 U.S.C. § 4502 — for purposes of this chapter (2 versions over time)

The term “moderate-income” means—

(A) in the case of owner-occupied units, income not in excess of area median income; and

(B) in the case of rental units, income not in excess of area median income, with adjustments for smaller and larger families, as determined by the Director.