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BlueHub SUN Advisory Board Accountability Form

BlueHub SUN Advisory Board Accountability Form

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CDFI Target Market Accountability

Because BlueHub SUN’s lending arm, Aura Mortgage Advisors, is a certified Community Development Financial Institution (CDFI), we must determine if the members of our Advisory Board are accountable to our target market (low-income people and communities) by asking the following questions:

Economically distressed community is called an “Investment Area” defined by the CDFI Fund as follows: a census tract that meets at least one of the following criteria: has a population poverty rate of at least 20%, an unemployment rate 1.5 times the national average, or the medium family income (MFI) is at or below 80% of the greater of either the metropolitan or national metropolitan MFI.



Low-to-Moderate Income (LMI) is defined as an individual with a household income at or below 80% of the respective area median income (AMI) adjusted for household size. HUD’s Income Limits. Documentation System provides information on the AMI for the town/city adjusted for household size: https://www.huduser.gov/portal/datasets/il/il2024/select_Geography.odn.


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