Affordable housing: Difference between revisions

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Housing is considered affordable when 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.<ref>http://170.97.167.13/offices/cpd/affordablehousing/index.cfm  U.S. Department of Housing and Urban Development, retrieved on 1/13/09</ref>
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The U.S. Department of Housing and Urban Development considers families who are paying more than 30 percent of their household incomes as "cost-burdened." <ref>{{cite web|title=Affordable Housing|url=https://portal.hud.gov/hudportal/HUD?src=/program_offices/comm_planning/affordablehousing/|author=|work=|publisher=U.S. Department of Housing and Urban Development|location=Washington, D.C.|publishdate=|accessdate=December 27, 2016}}</ref>


Localities often choose a percentage of [[AMI]] for which housing costs must be affordable in order for dwellings to qualify as "affordable housing."  To encourage more housing which is affordable to those making less than the [[AMI]] (such as 60% or 80%) localities may require a certain percentage of dwellings in new developments to be affordable or offer incentives for developers to include more affordable units.  Additionally, localities may invest in rehabilitation or construction of affordable housing in order to maintain affordable housing stock.
Localities often choose a percentage of [[AMI]] for which housing costs must be affordable in order for dwellings to qualify as "affordable housing."  To encourage more housing which is affordable to those making less than the [[AMI]] (such as 60% or 80%) localities may require a certain percentage of dwellings in new developments to be affordable or offer incentives for developers to include more affordable units.  Additionally, localities may invest in rehabilitation or construction of affordable housing in order to maintain affordable housing stock.


==Efforts to increase affordable housing in Charlottesville==
==Efforts to increase affordable housing in Charlottesville==
In November of 2008, the City of Charlottesville defined its affordable housing threshold as any unit where the occupant is below 80% of the AMI and spends no more than 30% of their income on housing costs. In February 2010, they set an official target of bringing 15% of the City's total housing stock within an affordable range<ref>The City of Charlottesville 2025 Goals for Affordable Housing. Rep. City of Charlottesville. Web. 02 Feb. 2010. <http://www.cvilletomorrow.org/docs/20100201-City-Affordable-Housing-Strategies.pdf>.</ref>.
In November of 2008, the City of Charlottesville defined its affordable housing threshold as any unit where the occupant is below 80% of the AMI and spends no more than 30% of their income on housing costs.  
 
In February 2010, they Council set an official target of bringing 15 percent of the City's total housing stock within an affordable range. <ref>{{cite web|title=The City of Charlottesville 2025 Goals for Affordable Housing Report|url=http://files.cvilletomorrow.org/docs/20100201-City-Affordable-Housing-Strategies.pdf|author=Melissa Celii, Grants Coordinator, Neighborhood Development Services|work=Staff Report|publisher=City of Charlottesville|location=|publishdate=February 1, 2010|accessdate=December 27, 2016}}</ref> {{fact}}


The City has a [[Housing Advisory Committee]] that advises City Council on affordable housing policy.  
The City has a [[Housing Advisory Committee]] that advises City Council on affordable housing policy.  
Council received a housing report from NDS director [[Jim Tolbert]] on March 5, 2012. <ref>{{minutes-citycouncil|when=March 5, 2012|id=558275}}</ref>


==Agencies, entities and groups that deal with affordable housing==
==Agencies, entities and groups that deal with affordable housing==
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==References==
==Notes==
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[[Category: Affordable living choices|*]]
[[Category: Affordable living choices|*]]

Revision as of 14:43, 28 December 2016


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The U.S. Department of Housing and Urban Development considers families who are paying more than 30 percent of their household incomes as "cost-burdened." [1]

Localities often choose a percentage of AMI for which housing costs must be affordable in order for dwellings to qualify as "affordable housing." To encourage more housing which is affordable to those making less than the AMI (such as 60% or 80%) localities may require a certain percentage of dwellings in new developments to be affordable or offer incentives for developers to include more affordable units. Additionally, localities may invest in rehabilitation or construction of affordable housing in order to maintain affordable housing stock.

Efforts to increase affordable housing in Charlottesville

In November of 2008, the City of Charlottesville defined its affordable housing threshold as any unit where the occupant is below 80% of the AMI and spends no more than 30% of their income on housing costs.

In February 2010, they Council set an official target of bringing 15 percent of the City's total housing stock within an affordable range. [2] [citation needed]

The City has a Housing Advisory Committee that advises City Council on affordable housing policy.

Council received a housing report from NDS director Jim Tolbert on March 5, 2012. [3]


Agencies, entities and groups that deal with affordable housing


References

  1. Web. Affordable Housing, U.S. Department of Housing and Urban Development, Washington, D.C., retrieved December 27, 2016.
  2. Web. The City of Charlottesville 2025 Goals for Affordable Housing Report, Melissa Celii, Grants Coordinator, Neighborhood Development Services, Staff Report, City of Charlottesville, February 1, 2010, retrieved December 27, 2016.
  3. Web. Charlottesville City Council meeting minutes, .pdf, Council Chambers, City of Charlottesville, March 5, 2012.