May 10, 2021

What is Affordable Housing?

Affordability is defined as an acceptable price for a home or other residential property. The price of housing generally varies by location and overall the quality of the surrounding homes in any given neighbourhood. This can be very confusing and many people ask the question “What is affordable housing?” Image credit Housing that is affordable to low-income families or individuals is commonly known as low-income housing. Low-income apartments, manufactured homes,