Council says 'Go' to Affordable Housing Commission
August 22, 2019
DAYTON—At last week’s Dayton City Council meeting Planning Director Meagan Bailey talked about the perception most people have regarding what defines affordable housing, saying most people think it relates to low-income housing.
Housing is considered affordable if the household is paying no more than 30% of their income, for housing costs, for rent or mortgage plus utilities, she said.
She said subsidized housing is made affordable to occupants through direct government financial support, targeting low income households. Whereas, affordable housing is owned by a private, not-for-profit...
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