; or (ii) the place of residence of the homebuyer is located; or (B) in the case of a homebuyer acquiring an eligible home that is located in a high-cost area, as determined by the Secretary, 140 percent of the median income for the area within which the eligible home to be acquired using such assistance is located. (2) First-time homebuyer The homebuyer, as self-attested by the homebuyer, is a first-time homebuyer, as such term is defined in section 104 of the Cranston Gonzalez National Affordable Housing Act ( 42 U.S.C. 12704 ), except that for the purposes of this Act the reference in such section 104 to title II shall be considered to refer to this Act, and except that ownership of heir property shall not be treated as owning a home for purposes of determining whether a borrower qualifies as a first-time homebuyer. (3) First-generation homebuyer The term first-generation homebuyer means a homebuyer that is, as self-attested by the homebuyer— (A) an individual— (i) whose parents or legal guardians do not, or did not at the time of their death, to the best of the individual’s knowledge, have any present ownership interest in a residence in any State, excluding ownership of heir property or ownership of chattel; and (ii) whose spouse or domestic partner has not, during the 3-year period ending upon acquisition of the eligible home to be acquired using such assistance, had any present ownership interest in a residence in any State, excluding ownership of heir property or ownership of chattel, whether the individual is a co-borrower on the loan or not