How many affordable housing units will there be?

How many affordable housing units will there be?

Eight units will be affordable to households at 40% of the area median income (AMI), 29 will be affordable to households at 50% AMI, and 37 will be affordable to households at 60% AMI. 84% of the units will be family-sized with two to three bedrooms, and 10 percent will be accessible. The building will be affordable for 60 years.

How does the local authority decide where to build affordable housing?

The local authority decides how much (if any) of the 20% will be social, voluntary or affordable housing – though as the affordable housing schemes have been stood down, no more housing is now being designated as affordable. There were no rules about where affordable houses should be located in new developments.

When does the AHC affordable housing project start?

In 2019 AHC secured a $1.12 million grant from the federal and state Housing Trust Fund. The project celebrated its groundbreaking on June 18, 2019. New! The project was completed April 2021.

Where does list of affordable housing listings come from?

Currently, affordable rental properties will show whether or not a waitlist exists for that property and provide the property website, phone number, and email address you can contact to assist you with getting on the waitlist. Where does the list of properties on the AHOST come from?

In 2019 AHC secured a $1.12 million grant from the federal and state Housing Trust Fund. The project celebrated its groundbreaking on June 18, 2019. New! The project was completed April 2021.

Eight units will be affordable to households at 40% of the area median income (AMI), 29 will be affordable to households at 50% AMI, and 37 will be affordable to households at 60% AMI. 84% of the units will be family-sized with two to three bedrooms, and 10 percent will be accessible. The building will be affordable for 60 years.

What kind of housing is available for low income people?

Public housing is state-owned, affordable rental houses or apartments for low-income families, people who are elderly, and people with disabilities. Public housing is nationwide, and comes in all sizes and types, from single-family houses to high rise apartments.

How did the city help the affordable housing project?

The City approved a loan of up to $5.5 million to the nonprofit developer of the affordable project, AHDC, from the City’s Housing Opportunity Fund in November 2015; this included a $350,000 predevelopment loan (approved in June 2015). The City’s financial support has enabled AHDC to broaden the affordability levels within the project.