; rebuttal An individual identifying as Black, Hispanic, Native American, or Asian American, or any combination thereof, shall be presumed to be socially disadvantaged for purposes of clause (i). Such presumption may be rebutted with credible evidence to the contrary. (iii) Burden of proof An individual who does not identify as described in clause (ii) shall be required to establish individual social disadvantage for purposes of clause (i) by a preponderance of the evidence. (iv) Rules The Secretary may issue regulations as necessary to establish procedures for complying with this subparagraph. (B) Economic disadvantage The individual has an income that meets the requirements under section 4(a). (12) State The term State means any State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the United States Virgin Islands, Guam, the Commonwealth of the Northern Mariana Islands, American Samoa, and the tribal government of any Indian tribe, as defined in section 4 of the Native American Housing Assistance and Self-Determination Act of 1996 ( 25 U.S.C. 4103 ). 3. First-generation downpayment assistance program (a) Establishment The Secretary shall carry out a program under this Act to provide grants to States and eligible entities to provide financial assistance under this section to first-generation homebuyers to assist them with acquiring owner-occupied primary residences. (b) Allocation After reserving amounts as required under sections 7(d) and 9(b), any remaining amounts made available to carry out this Act shall be allocated as follows: (1) States 75 percent of such amounts shall be allocated among States in accordance with a formula established by the Secretary, which shall— (A) take into consideration the best available data to provide more funding to States with a higher approximate number of potential qualified homebuyers