A person's income is considered an LMI based on how it compares to the average household income in the area. In general, to be classified as an LMI, the household income of an individual or family must not exceed 80% of the average income of the area of the county or area where they reside.
How is lmi determined?
A person's income is considered an LMI based on how it compares to the average household income in the area. In general, to be classified as an LMI, the household income of an individual or family must not exceed 80% of the average income of the area of the county or area where they reside.
