### Question
How is the "affordable for very-low income households" defined?


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

> 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**

