Low-income families are those with incomes of less than 80% of median family income for specific geographical areas and family size as determined by the United States Department of Housing and Urban Development's Section 8 Program. Moderate-income families are those with incomes of less than 100% of the median family for specific geographical areas and family size as determined by the United States Department of Housing and Urban Development's Section 8 Program. Resolution #23 DEFINITION OF SINGLE PERSON AS AN ELIGIBILITY CRITERIA FOR ASSISTANCE FROM THE HOME INVESTMENT TRUST FUND BE IT RESOLVED BY THE STATE HOUSING BOARD OF THE STATE OF COLORADO: THAT PURSUANT TO C.R.S. 24-32-717(4)(a) et. seq. as amended, the State Housing Board adopts the following definition of single person as an eligibility criteria for persons and affordable housing projects seeking assistance from the Colorado Housing Trust Fund. A single person is an unmarried person and is eligible for assistance under the Home Investment Trust Fund when such person's income, added to the income(s) of any persons residing at the same address, do not, in total, exceed the limits established by the State Housing Board under C.R.S. 24-32-717(4)(b).

ATTEST:

1. Thomas Hart, Director Lee S. Mendel, Chairman Colorado Division of Colorado State Housing Housing Board DATED: 12-15-92 DATED:12/15/92