Affordable Housing

General Information

What is "Affordable Housing"?

The U.S. Department of Housing & Urban Development (HUD) defines "affordable" as housing that costs no more than 30% of a household's monthly income. That means rent and utilities in an apartment or the monthly mortgage payment and housing expenses for a homeowner should be less than 30% of a household' s monthly income to be considered affordable.

Public agencies define affordable housing as units with rent restrictions or price restrictions to maintain affordability as defined by HUD for the longest feasible time. California Redevelopment Law requires that 15% of housing developed in a redevelopment project area must be affordable to low- (80% of area median income) to moderate-income households (120% of area median income).

2011 Housing Affordability Levels 180KB
2011 Income/Rent Limits 29KB
Downtown Affordable Housing List 30KB
Map of Downtown Affordable Housing 428 KB

 
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Contact Us

Centre City Development Corporation
401 B. Street, Fourth Floor
San Diego, CA 92101

P. 619.235.2200
F. 619.236.9148

info@ccdc.com


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