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It would help if there were any consensus on what actually constitutes affordable housing.
by diogenes4 3y ago
It would help if there were any consensus on what actually constitutes affordable housing.
- FuriouslyAdrift 3y agoRent/Mortgage under or equal to 28% net income.
- diogenes4 3y agoThat's hardly a consensus nor even enough aggregate consensus to serve as a rule of thumb.
- EMM_386 3y agoEach state will calculate them differently, for example, New Jersey offers Excel spreadsheets to show exactly how they calculate it. > The calculators below are for use by administrative agents and developers of affordable housing to determine the initial sales prices and rents for affordable units in compliance with the Uniform Housing Affordability Controls (UHAC). https://www.nj.gov/dca/divisions/lps/hss/calculators.html https://www.nj.gov/dca/divisions/lps/hss/calculators.html
- diogenes4 3y agotaps the lack of consensus sign