Underserved area definition
Underserved area means a geographic area that meets one or more of the following conditions as determined by the Department: (1) the area has a poverty rate of at least twenty percent (20%) according to the latest federal decennial census; (2) seventy-five percent (75%) or more of the children in the area participate in the federal free lunch program according to the most recent reported statistics from the State Board of Education; (3) at least twenty percent (20%) of the households in the area receive assistance under the Supplemental Nutrition Assistance Program (“SNAP”) according to the most recent reported statistics; or
Underserved area means a geographic area that meets one
Underserved area means a census track designated as an underserved middle-income nonmetropolitan track on the most recent List of Middle-Income Non-Metropolitan Distressed or Underserved Geographies as published by the Federal Financial Institutions Examination Council (“FFIEC”) on the FFIEC website. A list of Bank Premises, if any, located in an Underserved Market is attached as Schedule 4.1(b).
Examples of Underserved area in a sentence
If the Project is located in an Underserved Area and the Company hires the minimum number of New Employees and the minimum Retained Employees as set forth in Section IV.D and E, then the maximum amount of the annual Credit may be increased by fifty percent (50%) of the Incremental Income Tax attributable to Retained Employees at the Project.
If the Project is not located in an Underserved Area and the Company hires the required minimum number of New Employees and the minimum Retained Employees as set forth in Section IV.D and E, then the maximum amount of the Credit may be increased by twenty-five percent (25%) of the Incremental Income Tax attributable to Retained Employees at the Project.
More Definitions of Underserved area
Underserved area means a county in this state in which 14% or more people of all ages are in
Underserved area means a geographic area that meets one or more of the following conditions:
Underserved area means any project area where fixed, terrestrial broadband
Underserved area means any geographic areas as defined
Underserved area means a health professional shortage area, a health service shortage area, or a medically underserved area.
Underserved area means a geographic area that meets one or more of the following conditions:
1. the area has a poverty rate of at least 20% according to the latest American Community Survey released by the U.S. Census Bureau;
Underserved area means any portion of a targeted service area within which no communications service provider facilitates broadband service meeting the tier 1 download and upload speeds specified in the definition of targeted service area in this section.