Affordable housing refers to housing units that are available at a cost that is affordable to low- and moderate-income households. The eligibility criteria and application process for affordable housing can vary depending on factors such as income level, household size, and location.
Affordable housing plays a critical role in addressing housing inequality and ensuring that everyone has access to safe and stable housing. It can promote economic mobility, improve health outcomes, and strengthen communities. Historically, affordable housing programs have been implemented by governments, non-profit organizations, and private developers to increase the supply of affordable housing units.
