### Question
What does persons of moderate income mean?


### Answer
**Persons of moderate income** has the following meaning in *42 U.S.C. § 5302*:

> families and individuals whose incomes exceed 50 percent, but do not exceed 80 percent, of the median income of the area involved, as determined by the Secretary with adjustments for smaller and larger families

#### Citation:
  - *42 U.S.C. § 5302*
  - Heading: **CHAPTER 69-COMMUNITY DEVELOPMENT**

