§ 21-1103.  Very Low, Low and Moderate Income Beneficiaries.
   (1)   The activities and programs contained in the Consolidated Plan shall primarily benefit very low, low and moderate income persons residing in the City, given the nature and relative severity of their needs, in a manner not inconsistent with federal, state and local laws and regulations. All activities and programs contained in the Consolidated Plan shall be consistent with the policies herein set forth and shall be suitable to meeting the respective needs of very low, low and moderate income residents.
   (2)   For the purposes of this Chapter:
      (a)   A very low income person or resident is a person residing in the City having an annual income of not more than twenty-five percent (25%) of the area median income for the Standard Metropolitan Statistical Area of Philadelphia for a family of similar size, as determined under the Housing and Community Development Act of 1974, as amended;
      (b)   A low income person or resident is a person residing in the City having an annual income of not more than fifty percent (50%) of the area median income for the Standard Metropolitan Statistical Area of Philadelphia for a family of similar size, as determined under the Housing and Community Development Act of 1974, as amended;
      (c)   A moderate income person or resident is a person residing in the City having an annual income of not more than eighty percent (80%) of the area median income for the Standard Metropolitan Statistical Area of Philadelphia for a family of similar size, as determined under the Housing and Community Development Act of 1974, as amended;
      (d)   A direct beneficiary is the social or public service recipient, employee in a newly created job, employee in a job retained through the use of funds contained within each year's Final Consolidated Plan, purchaser, recipient or owner occupant of real property, occupant of rental housing, or resident of the block that receives public improvements.
   (3)   To insure that funds used under each year's Final Consolidated Plan comply with the City policies and goals set forth in subsection (1):
      (a)   The funds contained within each year's Final Consolidated Plan, exclusive of administration and program management costs, will not be considered to primarily benefit very low, low and moderate income persons or give maximum priority to very and low income persons unless:
         (.1)   Seventy-five percent (75%) of the funds within each year's Final Consolidated Plan, exclusive of administration and program management costs, directly benefit very low, low and moderate income persons; and
         (.2)   Priority is given to developing and implementing projects and activities that directly benefit very and low income persons.
   (4)   No less than fifty percent (50%) of the funds contained within each year's Final Consolidated Plan, exclusive of administration and program management costs, shall be allocated and spent directly on housing projects or activities which directly relate to providing or maintaining housing.