Deeply affordable definition
Deeply affordable means the units are available for households with 30% Area Median Income (AMI) or less. Supportive services are designed to meet the needs of participants and will be offered for the entire duration of program participation. PSH may be single site, scattered site, or clustered, and can be integrated with market-rate units and affordable units. Housing assistance can be project-based or tenant-based. Rapid ReHousing (RRH) means a type of housing assistance for people experiencing homelessness where the participant receives flexible short to medium term rental assistance, funds to cover move-in expenses and overcome other financial barriers to housing access, and housing case management services. Services include assistance with housing searches, landlord negotiation, financial support for rent and move-in expenses, and post-placement stabilization services, including managing household finances, addressing maintenance issues and resolving landlord disputes. Transitional Housing (TH) means temporary housing and supportive services for people experiencing homelessness. The housing and services are short-term, typically 24 months or less, and designed to facilitate the participant’s transition to permanent housing. TH programs are often specialized to serve a particular population such as households in recovery from substance use disorder, youth or veterans.
Deeply affordable means that a tenant’s rent is set as a percentage of their income, usually