Area Median Income (AMI)
A term of art used by some federal programs to describe published income standards for various areas of the country that are used as benchmarks for determining households’ eligibility for federally funded programs. For example, homebuyers assisted with HOME or CDBG funds generally must have incomes at or below 80% of area median income. AMIs are calculated and published annually by HUD. “Median” means that half of all households in the area are estimated to have more than this amount of income. https://healthymaterialslab.org/tool-guides/hml-resources