MODERATE INCOME

What is MODERATE INCOME?

MODERATE INCOME meaning in Urban terms is  Households whose incomes are between 81 percent and 95 percent of the median income for the area, as determined by HUD, with adjustments for smaller or larger families. HUD may establish income ceilings higher or lower than 95 percent of the median for the area on the basis of HUD’s findings that such variations are necessary because of prevailing levels of construction costs, fair market rents, or unusually high or low family incomes.

 

reference: Glossary of HUD Terms | US Department of Housing and Urban Development

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