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… what does that actually mean In short area median income or AMI defines the median incomes for households of different … low income tax credit program requires that at least 40 percent of a developments units must be affordable to … percent of the units must be affordable at an average of 80 percent AMI These programs try to balance creating …
… annual review submitting information on your current financial situation But even if you report new higher levels of income during this review you arent likely to be booted from your home Most lowincome … income exceeds the AMI standard listed for the Low Income Housing Tax Program Languedoc explains For most tenants in …
