Land Use & Zoning

In Minnesota, an 'area median income' (AMI) standard is used in housing policy to:

ASet maximum purchase prices for all homes in a community
BDetermine eligibility for affordable housing programs and set income limits for subsidized housing✓ Correct
CEstablish property tax rates for each neighborhood
DCalculate the minimum wage for construction workers

Explanation

Area Median Income (AMI) is established by HUD for each metropolitan area and used to determine income eligibility for affordable housing programs. In Minnesota, programs like Section 8 vouchers, MHFA loans, and inclusionary zoning requirements typically serve households earning 50-80% AMI (low income) or below.

Related Minnesota Land Use & Zoning Questions

Practice More Minnesota Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free Minnesota Quiz →