targeted area residence
Defined in 1 place of the United States Code.
For purposes of this section, the term “targeted area residence” means a residence in an area which is either—
(A) a qualified census tract, or
(B) an area of chronic economic distress.
Source
- 1994–present26 U.S.C. § 143Internal Revenue Code · Mortgage revenue bonds: qualified mortgage bond and qualified veterans mortgage bond · for purposes of this section