Housing affordability definition

Housing affordability. ’ means the quantity of hous-
Housing affordability means the ability of a household to occupy a housing unit paying no more than 30% of the household's income for gross housing costs, including utilities.
Housing affordability means “the general level of housing prices relative to the general level of household incomes.” The term does not refer to a type of housing (Wood, James, 2022, retrieved at https://gardner.utah.edu/blog- reflections-on-affordability-in-utahs-housing-market/).

Examples of Housing affordability in a sentence

  • Improve Housing affordability for vulnerable households: This may include rent supplements or shelter allowances to address Affordable Housing needs, and homeownership assistance, all targeted to households in need.

  • Housing affordability challenges for seniors who own their own homes is also a major focus for the Province.

  • Housing affordability for Black California households is half can of whites, which is a song contract that sets forth the terms exist the suite and scrape of goods.

  • Improve Housing affordability for vulnerable households: Initiatives may include rent supplements, shelter allowances to address Affordable Housing needs, and homeownership assistance, all targeted to households in need.

  • Improve Housing affordability for vulnerable households: Initiatives may include rent supplements or shelter allowances to address Affordable Housing needs, and homeownership assistance, all targeted to households in need.

  • Housing affordability is influenced by a number of factors other than housing costs.

  • Housing affordability is a further issue identified in the LHS, with high levels of housing stress being identified in the community, including for the suburbs of Bellingen (15.7%) and Urunga (13.4%).

  • Housing affordability and an adequate supply of suitable housing are key elements to maintaining a well-functioning, dynamic community with a strong economy.

  • Housing affordability challenges for seniors who own their own homes are also a major focus for the Province.


More Definitions of Housing affordability

Housing affordability. A scoring component calculated through the Mapping Tool. Defined as Washington Tracking Network (“WTN”) Unaffordability of Housing Score which measures income spent on housing needs. • Installafion: EV charging stafion deployed because of this Program. One (1) installafion corresponds to one (1) site.
Housing affordability means in the context of the paragraph 1.1 of this Agreement.

Related to Housing affordability

  • Affordability means a housing unit that satisfies at least one of the following criteria:

  • Insurance Affordability Program means a program that is one of the following:

  • Affordable means, a sales price or rent level that is within the means of a low- or moderate- income household as defined within N.J.A.C. 5:93-7.4, and, in the case of an ownership unit, that the sales price for the unit conforms to the standards set forth in N.J.A.C. 5:80-26.6, as may be amended and supplemented, and, in the case of a rental unit, that the rent for the unit conforms to the standards set forth in N.J.A.C. 5:80-26.12, as may be amended and supplemented.

  • Affordable housing program(s) means any mechanism in a municipal Fair Share Plan prepared or implemented to address a municipality’s fair share obligation.

  • Period of Affordability means the time during which HOME Loan financed units must remain affordable to eligible households, as defined by HOME program regulations and this Plan. The Period of Affordability shall commence upon completion of the project and shall run for the period required under HOME regulations or the term of the HOME Loan, whichever is greater. Completion shall be defined as set forth in the HUD regulations for the HOME program.