### Question
What is the definition of affordable for very-low income households?


### Answer
The definition of **affordable for very-low income households** is as follows in *12 U.S.C. § 1430*:

> that rents charged to tenants for units made available for occupancy by low-income families shall not exceed 30 percent of the adjusted income of a family whose income equals 50 percent of the income for the area (as determined by the Secretary of Housing and Urban Development) with adjustment for family size

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

