Affordable and public housing glossary of terms
MRI Software
MAY 22, 2025
General Terminology Affordable Housing:In general, housing for which the occupant(s) is/are paying no more than 30% of his or her income for gross housing costs, including utilities. Housing Choice Voucher (HCV) Program:This is HUDs largest program, providing rental assistance to roughly 1.5 million low-income households.
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