What does affordable housing mean?
Definitions for affordable housing
af·ford·able hous·ing
This dictionary definitions page includes all the possible meanings, example usage and translations of the word affordable housing.
Wikidata
Affordable housing
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.
Editors Contribution
affordable housingadjective
A form of public housing built on public land that is affordable and accessible to all
Affordable housing is now defined as public housing
Submitted by MaryC on January 19, 2021
Numerology
Chaldean Numerology
The numerical value of affordable housing in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of affordable housing in Pythagorean Numerology is: 1
Examples of affordable housing in a Sentence
Rents are rising, driven by inflation and exacerbated by the housing supply shortage, we encourage the administration to look more deeply at how it can address the root causes of rental affordability — namely, affordable housing supply.
People sometimes mistakenly associate it (affordable housing) with urban areas but it's all over the country.
It can be the affordable-housing-availability option.
Here is a prime example, in prime NYC real estate, where an uber-wealthy celebrity couple and tenant can take advantage and exploit a law that was intended for truly struggling artists and low-income families in need of affordable housing.
It’s great that these kids are benefiting from this high-quality affordable housing, the paper does support the idea that living conditions matter for health in significant ways.
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"affordable housing." Definitions.net. STANDS4 LLC, 2024. Web. 5 May 2024. <https://www.definitions.net/definition/affordable+housing>.
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