# The Low-Income Definition
> **US National Credit Union Administration** · Final rule. · Published 2008-11-26 · Effective 2009-01-01 · 73 FR 71909
## Document
- **Document number:** E8-28076
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 73 FR 71909
- **CFR reference:** 12 CFR 701
- **Publication date:** 2008-11-26
- **Effective date:** 2009-01-01
## Abstract

NCUA is amending the definition of "low-income members" to use median family income (MFI) to determine if a credit union qualifies for a low-income designation and eligible for assistance from the Community Development Revolving Loan Fund (CDRLF). The amendment will eliminate the confusion associated with adjusting median household income in metropolitan areas with higher costs of living. Additionally, it will better align NCUA criteria for a low-income credit union (LICU) designation with the criteria for the addition of an underserved area to a federal credit union (FCU) field of membership and certification as a Community Development Financial Institution (CDFI).

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2008/11/26/E8-28076/the-low-income-definition)
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