### Question
How does COMMUNITY DEVELOPMENT BANKING AND FINANCIAL INSTITUTIONS define low-income?


### Answer
Under *12 U.S.C. § 4702*, **low-income** is defined as:

> having an income, adjusted for family size, of not more than—


(A) for metropolitan areas, 80 percent of the area median income

#### Citation:
  - *12 U.S.C. § 4702*
  - Heading: **CHAPTER 47-COMMUNITY DEVELOPMENT BANKING > SUBCHAPTER I-COMMUNITY DEVELOPMENT BANKING AND FINANCIAL INSTITUTIONS**

