Affordability definition

Affordability means a housing unit that satisfies at least one of the following criteria:
Affordability means that the financial commitments to be incurred by an institution in terms of the PPP agreement can be met by funds
Affordability means price relative to per capita income;

Examples of Affordability in a sentence

  • Affordability assistance programs may include down payment assistance, security deposit assistance, low interest loans, rental assistance, assistance with homeowners association or condominium fees and special assessments, and assistance with emergency repairs.

  • Affordability assistance to households earning 30 percent or less of median income may include buying down the cost of low or moderate income units in the municipal Fair Share Plan to make them affordable to households earning 30 percent or less of median income.

  • Affordability average and bedroom distribution (N.J.A.C. 5:80-26.3).

  • National Research Council of the National Academies, Affordability of National Flood Insurance Program Premiums: Report 1, 2015, p.

  • Burgess, “Submarine Admirals: ‘Unified Build Strategy’ Seeks Affordability for Future Sub Fleet,” Seapower, July 8, 2016; Julia Bergman, “Congressmen Visit EB A Day After It Is Named Prime Contractor for Ohio Reaplcement Program,” The Day (New London), March 29, 2016; Sydney J.


More Definitions of Affordability

Affordability means that—
Affordability means a community's ability, on a per house- hold basis, to pay for rate increases that result from a DWSRF loan project.
Affordability means the relative ability of the people of the state to pay for or incur the cost of a proposal, given:
Affordability means activities that provide affordability in a variety of ways in the lives of low- and moderate-income people. It can include the creation of affordable housing, infrastructure improvements that support housing, affordable business financing, or services such as transportation or child care that support people in obtaining or maintaining a job.
Affordability means a community's ability, on a per household basis, to pay for rate increases that result from a DWSRF loan project.
Affordability means the Housing costs to the household are less than 30% of the total before-tax household income;
Affordability means the Housing costs to the household are less than 30% of the total before-tax household income. "Agreement" – means the CMHC-British Columbia Bilateral Agreement Under the 2017 National Housing Strategy and all its schedules, as amended from time to time.