Moderate income definition

Moderate income means more than 50 percent but less than 80

Moderate income means households whose income does not exceed 120 percent of area median income pursuant to Health and Safety Code, section 50093.

Moderate income means gross household income that is at or below 115 percent (115%) of Area Median Income, but more than eighty percent (80%) of Area Median Income.

Examples of Moderate income in a sentence

• Moderate income" means income that is less than or equal to 100% of median income for the area, adjusted for family size, in accordance with federal standards generally accepted at the time of incorporation under this subchapter and comparable to standards of the federal Department of Housing and Urban Development in existence on the effective date of this section.[PL 1993, c.

• Moderate income families are defined as those earning less than 80 percent of the area median family income.

• Using State of California income thresholds, the income groups analyzed were as follows: • Extremely low income: Up to 30% of AMI• Very low income: 31-50% of AMI• Low income: 51-80% of AMI• Moderate income: 81-120% of AMI• Upper income: Above 120% of AMITable 2-7 estimates the number of households within each income category in each jurisdiction as reported in HUD Comprehensive Housing Affordability Strategy (CHAS) data based on the 2007-2011 Census ACS.

• For that reason, the City of Columbia has identified the most heavily damaged areas (“Major” and “Severe” Damages) with concentrations of Low and Moderate income households to prioritize assistance for those with greatest need.

• Moderate income is between 80 and 50 percent of the median income.

More Definitions of Moderate income

Moderate income means household income which is between eighty percent (80%) and one hundred percent (100%) of Grand County Area Median Income as defined by HUD.

Moderate income means more than 50 percent but less than 80 percent of the median gross household income for households of the same size within the housing region in which the household is located, based upon the United States Department of Housing and Urban Development's (HUD’s) Section 8 Income Limits (uncapped) averaged across counties for the housing region.

Moderate income means aggregate household income between eighty percent and one hundred and twenty percent of area median income, as determined by HUD.

Moderate income means income above 80 percent and at or below 120 percent of the area median income.

Moderate income means a gross annual household income

Moderate income means income that is more than 80 percent and not more than 120

Moderate income means households whose income does not exceed the moderate income limits applicable to Sacramento County, as published and periodically updated by the State Department of Community Development pursuant to Health and Safety Code Section 50093.