Overview of Affordable Housing. Purpose . To provide information on affordable housing and give you ideas about how adults with developmental disabilities can better access it. . Roles in Affordable Housing . Definitions. Affordable Rental Housing
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Affordable Rental Housing
The concept that housing costs (rent and utilities) should cost no more than 30% of a persons total income.
Set rent level based on median income level and bedroom size, excluding utilities
Subsidy that must stay with the unit.
Subsidy that the voucher holder can take anywhere. Rent is limited by the “payment standard.”