Affordable housing refers to housing units that are affordable to buy or rent by the low-income section of a society (for example, whose income is below median household income). Affordability is defined with a maximum percentage of gross income which may differ from country to country and also depending on whether this is a percentage of net, gross, individual or household income.
Global Definitions Database
Affordable Housing
Source: Global | Date: 11 April 2023 | ID: D0823 | Version: 2