### Question
How does the law define very-low income families?


### Answer
Under *12 U.S.C. § 1441a*, **very-low income families** is defined as:

> families and individuals whose incomes do not exceed 50 percent of the median income of the area involved, as determined by the Secretary, with adjustment for family size

#### Citation:
  - *12 U.S.C. § 1441a*
  - Heading: **CHAPTER 11-FEDERAL HOME LOAN BANKS**

