affordable housing

English

Noun

affordable housing (uncountable)

  1. Used other than figuratively or idiomatically: see affordable,‎ housing.
  2. (US) Housing for people whose income is a certain percentage below the median income for an area, as determined by the U.S. Department of Housing and Urban Development (HUD).
    • 2016, Nestor M. Davidson, Robin Paul Malloy, Affordable Housing and Public-Private Partnerships, page 232:
      Such plans incorporate a range of public housing units, market rate dwelling units, and affordable housing units with shallower subsidies than those available for public housing units, financed by a variety of mechanisms in addition to the federal HOPE VI grant.

See also

References
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