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


### Answer
Under *12 U.S.C. § 1430*, **very low-income household** is defined as:

> any household that has an income of 50 percent or less of the area median

#### Citation:
  - *12 U.S.C. § 1430*
  - Heading: **CHAPTER 11-FEDERAL HOME LOAN BANKS**

