affordable housing - Arlingtonva
AFFORDABLE HOUSING
is important for Arlington County
Affordable Housing is fundamental to maintain a diverse, vibrant community with individuals from all backgrounds. secure local jobs and benefit our community’s economic prosperity. support better transportation choices because residents can live near their work and amenities.
WHAT IS AFFORDABLE HOUSING? Housing is considered affordable when rent or mortgage, plus utilities, is no more than 30% of a household’s gross income. mortgage rent utilities
30%
TERMS TO KNOW
Area Median Income (AMI) is the middle income level in a community. When compared to households of the same size, half will earn more than the AMI and half will earn less.
In Arlington, 2 in 5 households that rent spend more than 30% of their income on housing.
of household income
Committed Affordable Units (CAFs) • Guaranteed to remain affordable for a specified period of time • Eligible rents at 80% or less of AMI
Rental Units in Arlington 25% MARKs 60-80%AMI
12% MARKs 80%AMI
14% CAFs
is important for Arlington County
Affordable Housing is fundamental to maintain a diverse, vibrant community with individuals from all backgrounds. secure local jobs and benefit our community’s economic prosperity. support better transportation choices because residents can live near their work and amenities.
WHAT IS AFFORDABLE HOUSING? Housing is considered affordable when rent or mortgage, plus utilities, is no more than 30% of a household’s gross income. mortgage rent utilities
30%
TERMS TO KNOW
Area Median Income (AMI) is the middle income level in a community. When compared to households of the same size, half will earn more than the AMI and half will earn less.
In Arlington, 2 in 5 households that rent spend more than 30% of their income on housing.
of household income
Committed Affordable Units (CAFs) • Guaranteed to remain affordable for a specified period of time • Eligible rents at 80% or less of AMI
Rental Units in Arlington 25% MARKs 60-80%AMI
12% MARKs 80%AMI
14% CAFs
