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What is affordable?

Definitions of "affordable housing"

What is affordable housing? Affordable for whom? Affordable for how long? See a definition at www.policylink.org

Ø Low Income (HUD: “very low”) is at or below 60% of median income for the region

Ø Moderate Income (which HUD calls “low”) is at or below 80% of median income.

Ø Middle Income is defined as 80% to 150% of median income.