Low-income-targeted

Relating to or designed to benefit individuals or families with limited financial resources. This designation implies a specific focus on programs, policies, or products that aim to address the needs and challenges faced by those earning below a certain income threshold. It often involves subsidies, discounts, or preferential access to resources to improve their economic well-being and quality of life. The term highlights an intentionality to assist those struggling financially.

Low-income-targeted meaning with examples

• The city council approved a low-income-targeted housing project to address the critical shortage of affordable living spaces. This initiative provides subsidized apartments for families earning below a set income, offering relief from high rental costs and promoting community stability in an underserved area. The project also included job training programs.
• Many universities offer low-income-targeted scholarships to attract and support students from diverse backgrounds, making higher education more accessible. These scholarships often cover tuition, fees, and living expenses, lessening the financial burden and allowing students to focus on their studies. This initiative is a way to promote social mobility and opportunity.
• The government implemented a low-income-targeted food assistance program providing vouchers to qualifying families to buy nutritious groceries. This program assists families unable to afford essential groceries, reducing the risk of food insecurity and promoting better health outcomes. The vouchers were to be spent on food and not any other expense.
• Non-profit organizations often run low-income-targeted healthcare clinics, offering affordable medical services and preventative care. This program expands access to essential healthcare services, reducing financial barriers to care, especially for those without insurance. The clinic accepts patients regardless of their ability to pay.