### Question
How does FEDERAL DEPOSIT INSURANCE CORPORATION define low- or moderate-income area?


### Answer
Under *12 U.S.C. § 1831r*, **low- or moderate-income area** is defined as:

> a census tract for which the median family income is—


(i) less than 80 percent of the median family income for the metropolitan statistical area (as designated by the Director of the Office of Management and Budget) in which the census tract is located

#### Citation:
  - *12 U.S.C. § 1831r*
  - Heading: **CHAPTER 16-FEDERAL DEPOSIT INSURANCE CORPORATION**

