What does Affordable housing mean?

Definitions for Affordable housing
af·ford·able hous·ing

This dictionary definitions page includes all the possible meanings, example usage and translations of the word Affordable housing.

Wikidata

  1. Affordable housing

    Affordable housing is housing deemed affordable to those with a median household income . as rated by country, province, region or municipality by a recognized Housing Affordability Index. In Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is, "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other basic needs on a sustainable basis." In the United Kingdom affordable housing includes "social rented and intermediate housing, provided to specified eligible households whose needs are not met by the market." Most of the literature on affordable housing refers to a number of forms that exist along a continuum - from emergency shelters, to transitional housing, to non-market rental, to formal and informal rental, indigenous housing and ending with affordable home ownership. The notion of housing affordability became widespread in the 1980s in Europe and North America. A growing body of literature found it problematic. Notably, the shift in UK housing policy away from housing need to the more market-oriented analyses of affordability was challenged by Whitehead. This article discusses the principles that lie behind the concepts of need and affordability and the ways they have been defined.

Editors Contribution

  1. affordable housingadjective

    A form of public housing built on public land that is affordable and accessible to all

    Affordable housing is now defined as public housing


    Submitted by MaryC on January 19, 2021  

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Numerology

  1. Chaldean Numerology

    The numerical value of Affordable housing in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of Affordable housing in Pythagorean Numerology is: 1

Examples of Affordable housing in a Sentence

  1. White House:

    To address the critical shortage of affordable housing in communities throughout the nation, the budget proposes $50 billions for housing construction and supply –addressing existing market gaps and helping to stabilize housing prices over the long-term.

  2. Doug Rice:

    Some owners, because of experiences like this, will choose not to renew their contracts, in that case, there's a permanent loss of affordable housing in those communities.

  3. Valls Noyes:

    It’s a lot of work involved in sponsoring a refugee – finding schools, helping them find affordable housing, getting their kids signed up for school, helping them find jobs, showing them where the pharmacy is, what bus to take. It’s a lot more than what the average American can do. And so we think that providing a group of five or more Americans is more likely to be successful.

  4. Ritchie Torres:

    Many of these buildings are old. Not every apartment has a fire alarm. Most of these buildings have no sprinkler system. And so the risk of a fire is much higher in lower-income neighborhoods in The Bronx than it might be elsewhere in New York City or in the country, when we allow our affordable housing developments to be plagued by decades of disinvestment, we are putting lives at risk. These buildings are wide open to catastrophic fires that can cost people their lives, including the lives of children.

  5. Diane Yentel:

    To be able to understand the eviction crisis that we're facing today, we have to recognize where we were before Covid-19 came to our country -- and that was in the midst of a severe affordable housing crisis.

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"Affordable housing." Definitions.net. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.definitions.net/definition/Affordable+housing>.

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