What exactly is the 'AMI' that's used to determine affordable housing rents?

… youve probably read one key term over and over again area median income But what does that actually mean In short … to marketrate apartments where landlords can raise rents as much as they want Ultimately he said elected officials can … said But from there its up to policy makers to decide how much we are willing to invest to get to lower AMIs An …

By Celia Young |October 22, 2024 - 9:30AM