What does it mean when politicians and developers refer to “affordable housing”?

People often ask about what defines “affordable housing,” or what everyone from politicians and developers to journalists and writers like myself mean when we say residential units are “affordable.”In some sense, the term is misleading because we are not referring to “affordability” as an overall term—so this isn’t about the lack of general, what-is-the-specific-rent-cost? affordability. … Continue reading What does it mean when politicians and developers refer to “affordable housing”?