Examples of Moderate income households in a sentence
Average Housing Affordability Gap by Income Group Income Level Notes:(a) Low income households are defined at 70 percent of AMI for renters and 80 percent of AMI for owners.(b) Moderate income households are defined at 90 percent of AMI for renters and 110 percent AMI for owners.
For that reason, the City of Columbia has identified the most heavily damaged areas (“Major” and “Severe” Damages) with concentrations of Low and Moderate income households to prioritize assistance for those with greatest need.
Affordable Housing Gap Income Level Notes:(a) Low income households are defined at 70 percent of AMI for renters and 80 percent of AMI for owners.(b) Moderate income households are defined at 90 percent of AMI for renters and 110 percent AMI for owners.
Moderate income households can afford some smaller homes in the City and are generally able to afford rents in the City.
Average Housing Affordability Gap by Income Group Income Level Rental Gap Ownership GapAverage Affordability GapVery Low Income (50% AMI)$280,783N/A$280,783Low Income (70% - 80% AMI) (a)$240,477N/A$240,477Moderate Income (90% - 110% AMI) (b)$187,066$164,049$175,558Notes:(a) Low income households are defined at 70 percent of AMI for renters and 80 percent of AMI for owners.(b) Moderate income households are defined at 90 percent of AMI for renters and 110 percent AMI for owners.