Affordable to whom?
That question lies at the heart of any discussion of affordable housing, but it can also transform a debate over issues like planning, development and community to an argument over definitions.
There is, of course, the government definition, which declares housing affordable if it consumes no more than a third of a family’s income. Then there are the varying definitions used by the many different so-called affordable housing programs, which typically use an area’s median income to determine eligibility. And of course there is the more basic definition: how much can a family truly pay to keep a roof over its head? Read More
You must log in to post a comment.