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.
The numerical value of Affordable housing in Chaldean Numerology is: 8
The numerical value of Affordable housing in Pythagorean Numerology is: 1
Sample Sentences & Example Usage
We are 7 million units short of affordable housing for low-income people – that's a big gap.
Our county is not prepared to have a massive migration of people that are going to be needing affordable housing.
It’s not just about affordable housing -- It’s about good transit. It’s about access to good schools ; it’s about all that.
The need for affordable housing will become more pronounced, employers will have to increase wages or housing allowances to attract and retain staff.
If we want to give every New Yorker a fair and fighting chance to make it in the city, we need to use every tool in our toolbox to create and preserve truly affordable housing.
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"Affordable housing." Definitions.net. STANDS4 LLC, 2018. Web. 24 Apr. 2018. <https://www.definitions.net/definition/Affordable housing>.