Which characteristic defines a Non-Priority Member?

Prepare for the NACA Pre-Purchase Exam with our engaging quiz. Use flashcards and multiple choice questions, each featuring helpful hints and explanations. Ace your test!

The characteristic that defines a Non-Priority Member is that their household income exceeds the median family income. This means that individuals or families who fall into this category have financial means that are above the typical thresholds set for lower-income support programs. Non-Priority Members often do not qualify for certain benefits or resources aimed at assisting those with lower incomes, which is essential in determining access to various housing and financial programs.

In contrast, being below a specific income threshold, qualifying for any location eligibility, or having an income that is precisely at the AMI does not classify someone as a Non-Priority Member. Instead, those markers are typically associated with different eligibility criteria for assistance programs or classifications regarding housing purchases. Understanding this distinction is crucial in navigating the options and resources available for potential homebuyers.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy