12 CFR 1282.18
§ 1282.18 Affordability—Income level definitions—family size not known (actual or prospective tenants).
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 1282.18, § 1282.18 Affordability—Income level definitions—family size not known (actual or prospective tenants), United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/50939
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Full text
In determining whether a rental unit is affordable where family size is not known to the Enterprise, income will be adjusted using unit size, and affordability determined as follows:
(a) For moderate-income, the income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size:
(b) For low-income (80%), income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size:
(c) For low-income (60%), income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size:
(d) For very low-income, income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size:
(e) For extremely low-income, income of prospective tenants shall not exceed the following percentages of area median income with adjustments, depending on unit size:
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.