### Question
How does INVESTMENT DIVISION PROGRAMS define low-income individual?


### Answer
Under *15 U.S.C. § 689*, **low-income individual** is defined as:

> an individual whose income (adjusted for family size) does not exceed—


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

#### Citation:
  - *15 U.S.C. § 689*
  - Heading: **CHAPTER 14B-SMALL BUSINESS INVESTMENT PROGRAM > SUBCHAPTER III-INVESTMENT DIVISION PROGRAMS > Part B-New Markets Venture Capital Program**

