Low-to-Moderate Income (LMI) definition

Low-to-Moderate Income (LMI) means any census tract (or equivalent geographic area defined by the Bureau of the Census) in which at least 50% of households have an income less than 60 percent of the Area Median Gross Income (AMGI), or which has a poverty rate of at least 25%.
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Low-to-Moderate Income (LMI) means an income is less than 80% of the local area median income.
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Examples of Low-to-Moderate Income (LMI) in a sentence

  • In addition, 7139 Low-to-Moderate Income (LMI) households experience one or more housing problem, with the lower the income the greater the presence of one of the housing problems identified above.

  • Awards were distributed on a competitive basis targeting HUD designated Most Impacted and Distressed (MID) Areas, primarily addressing the Benefits to Low-to-Moderate Income (LMI) National Objective.

  • Despite that challenge this Action Plan ensures that all funds will be managed to meet one or more of three national objectives:  Benefit to Low-to-Moderate Income (LMI) Households Urgent Need Elimination of Slums and Blight In addition to meeting these required objectives, the City of Columbia also aspires to promote economic development in under-developed areas, improve quality of life for all its citizens, and strengthen its communities through judicious management of federal government funding.

  • To be recognized as Low-to-Moderate Income (LMI), a household’s Modified AGI cannot exceed 80% of Area Median Income (AMI), adjusted for family size for the county in which their primary residence is located.

  • Low-to-Moderate Income (LMI) refers to income guidelines for families established by the Department of Housing and Urban Development.

  • The primary objectives of the program are to assist Small Businesses and Low-to-Moderate Income (LMI) households.

  • For the purposes of CA, underserved markets include:• Low-to-Moderate Income (LMI) communities (CA Lenders are encouraged to serve low and very-low income communities);• Businesses where more than 50% of the full time workforce is low-income or resides in LMI census tracts;• Empowerment Zones and Enterprise Communities;• HUBZones;• New businesses (firms in business for no more than two years);• Veteran-owned businesses;• Promise Zones;• Opportunity Zones; and/or• Rural Areas.

  • The city updated program status and participation levels and changed the national objective to Low-to-Moderate Income (LMI) Area; reduced the term of the loan to 2 years with 50% forgiven each year; and eliminated the need for gap financing.

  • Despite that challenge this Action Plan ensures that all funds will be managed to meet one or more of three national objectives: • Benefit to Low-to-Moderate Income (LMI) Households• Urgent Need• Elimination of Slums and Blight In addition to meeting these required objectives, the City of Columbia also aspires to promote economic development in under-developed areas, improve quality of life for all its citizens, and strengthen its communities through judicious management of federal government funding.

  • Low-to-Moderate Income (LMI) Census Tract – Area Median Income (AMI) of the borrower’s census tract does not exceed 120% of the AMI for the Metropolitan Area, County, or State.

Related to Low-to-Moderate Income (LMI)

  • Moderate income means more than 50 percent but less than 80

  • Moderate income housing means housing affordable,

  • Plan for moderate income housing means a written document adopted by

  • Moderate-income household means a household with a total gross annual household income in excess of 50 percent but less than 80 percent of the median household income.

  • Moderate-income unit means a restricted unit that is affordable to a moderate-income household.

  • Seasonal high water table means the level below the natural surface of the ground to which water seasonally rises in the soil in most years.

  • Combined state and local revenue per membership pupil means the district’s combined state and local revenue divided by the district’s membership excluding special education pupils.

  • Base Load Generation Resource means a Generation Capacity Resource that operates at least 90 percent of the hours that it is available to operate, as determined by the Office of the Interconnection in accordance with the PJM Manuals.

  • Taxable value per membership pupil means each of the following divided by the district’s membership:

  • Reference evapotranspiration or “ETo” means a standard measurement of environmental parameters which affect the water use of plants. ETo is given expressed in inches per day, month, or year as represented in Appendix C of these Guidelines, and is an estimate of the evapotranspiration of a large field of four to seven-inch tall, cool-season grass that is well watered. Reference evapotranspiration is used as the basis of determining the Maximum Applied Water Allowances.

  • mean high water springs or “MHWS” means the highest level which spring tides reach on average over a period of time;

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Nominal tomographic section thickness means the full width at half-maximum of the sensitivity profile taken at the center of the cross-sectional volume over which x-ray transmission data are collected.

  • Multiple Bill/Single Tariff means the billing method used when Switched Exchange Access Services is jointly provided by the Parties. As described in the MECAB document, each Party will render a bill in accordance with its own tariff for that portion of the service it provides. Each Party will bill its own network access service rates.

  • Anti-Dilution Levy means such sum, as the Responsible Person or its delegate considers appropriate taking into account the interests of Shareholders of the relevant Funds to cover dealing costs incurred when transacting to cover Shareholder dealing and for no other purpose.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Diameter at Breast Height (DBH) means the diameter of a tree at 4 1/2 feet above the ground measured from the uphill side.

  • Floating Profit/Loss means current profit/loss on Open Positions calculated at the current Quotes.

  • DoD recognized unique identification equivalent means a unique identification method that is in commercial use and has been recognized by DoD. All DoD recognized unique identification equivalents are listed at http://www.acq.osd.mil/dpap/pdi/uid/iuid_equivalents.html.

  • Established catalogue price means the price included in a catalogue, price list, schedule, or other form that:

  • Native Hawaiian means any individual who is a descendant of the aboriginal people who, prior to 1778, occupied and exercised sovereignty in the area that now constitutes the State of Hawaii.

  • Very low-income household means a household with a total gross annual household income equal to 30 percent or less of the median household income.

  • Weather Normalized Site EUI means the amount of Energy that would have been used by a property under 30-year average temperatures, accounting for the difference between average temperatures and yearly fluctuations.

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Extremely low-income household means a single person,

  • Very Low Income means 30 percent or less of the median gross