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CONDUCTING A LOWANDMODERATE INCOME (LMA) SURVEY FOR A CBG Application be eligible for funding, projects must meet the national objective of primarily benefiting lowandmoderate income (LMA) persons.
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Conducting a low-and-moderate income refers to gathering and analyzing data to determine the income levels of individuals or households that fall within the low and moderate income brackets.
Non-profit organizations, government agencies, or entities receiving funding or grants that require reporting on the income levels of the populations they serve may be required to file conducting a low-and-moderate income.
To fill out conducting a low-and-moderate income, organizations need to collect income data from individuals or households, analyze the data to determine income levels, and report the findings according to the guidelines provided by the funding source or regulatory agency.
The purpose of conducting a low-and-moderate income is to assess the income levels of the target population to ensure that the services or programs provided are reaching those in need, and to demonstrate compliance with funding requirements or regulatory obligations.
Information reported on conducting a low-and-moderate income may include demographic data, household income levels, sources of income, and any changes or trends observed over time.
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