§ 884.116 — Establishment Of Income Limit Schedules; 30 Percent Occupancy By Very-low Income Families

(a) HUD will establish schedules of Income limits for determining whether families qualify as Low-Income Families and Very Low-Income Families.

(b) In the leasing of units, the Owner shall comply with HUD requirements concerning the permissible income levels of families, as prescribed in part 5 of this title.