Affordable housing: Difference between revisions

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(New page: Affordable housing refers to housing where the monthly costs associated with housing are 30% or less of the total household income. Households that pay more than 30% of their gross income...)
 
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Revision as of 12:35, 13 January 2009

Affordable housing refers to housing where the monthly costs associated with housing are 30% or less of the total household income. Households that pay more than 30% of their gross income for housing are considered cost-burdened and may have difficulty affording other necessities.[1]

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