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Updated 9/2021Qualifying Criteria for the Affordable Housing PortfolioYEARLY INCOME cannot exceed 50% of the current year\'s median income for the Raleigh area based on family size. Please see the

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What is no area is affordable?

No Area is Affordable refers to a project or location where the cost of living or housing is considered high or beyond the means of most residents.

Who is required to file no area is affordable?

Government agencies, housing organizations, or researchers may be required to file a report on areas that are deemed unaffordable.

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To fill out a report on no area is affordable, one would need to gather data on housing costs, income levels, and other relevant information to determine the affordability of a specific area.

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The purpose of no area is affordable is to identify locations or projects where the cost of living or housing is a significant burden on residents, and to inform policy decisions or interventions to address the issue.

What information must be reported on no area is affordable?

Information to be reported on no area is affordable may include median housing prices, rent costs, income levels, poverty rates, and other factors that impact affordability.

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