1. (1) for initial occupancy, if the gross annual income of the household does not exceed:

   1. (i) 50% of the statewide median income for a household of like size; or
   2. (ii) a lower income level that the Secretary establishes for a particular partnership project or for a unit of partnership rental housing to be occupied by one or more individuals with disabilities or special needs; and

2. (2) for continuing occupancy, if the gross annual income for the household does not exceed the greater of:

   1. (i) an income level that the Secretary establishes; and
   2. (ii) an applicable federal requirement.

A household qualifies as a household of lower income:

Added by Acts 2005, c. 26, § 2, eff. Oct. 1, 2005. Amended by Acts 2006, c. 117, § 1, eff. Oct. 1, 2006.