applicable income limit
Defined in 1 place of the United States Code.
For purposes of paragraphs (3) and (4), the term “applicable income limit” means—
(A) the limitation under subparagraph (A) or (B) of paragraph (1) which applies to the project, or
(B) in the case of a unit to which paragraph (4)(B)(i) applies, the limitation which applies to such unit.
Source
- 1994–present26 U.S.C. § 142Internal Revenue Code · Exempt facility bond · for purposes of this section