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What is Area Median Income (AMI)?

April 26, 2017AMI area income median

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What is Area Median Income (AMI)?

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Area Median Income (AMI) is the average income of persons and families living in a defined geographical area. This area could be a county or group of counties in rural areas or a Metropolitan Statistical Area (MSA) in urban areas. The AMI is determined and published annually by the Department of Housing and Urban Development (HUD). The AMI is used to determine individuals and families qualifications for various Federal and state assistance programs, including affordable housing programs.