§4569. Capital Magnet Fund — Inbound Citations

Citations to 12 U.S.C. § 4569 as a whole

• 12 U.S.C. § 4502(24)(B)

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  (B) For purposes of section² 4568 and 4569 of this title, the term “very low-income” means—

  (i) in the case of owner-occupied units, income in excess of 30 percent but not greater than 50 percent of the area median income; and

  (ii) in the case of rental units, income in excess of 30 percent but not greater than 50 percent of the area median income, with adjustments for smaller and larger families, as determined by the Director.
• 12 U.S.C. § 4567(a)(1)(B)(ii)

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  (ii) 35 percent of such amounts to fund the Capital Magnet Fund established pursuant to section 4569 of this title; and
• 12 U.S.C. § 4567(a)(2)(B)(ii)

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  (ii) 35 percent of such amounts to fund the Capital Magnet Fund established pursuant to section 4569 of this title.